The Largest Source of Revenue for the Federal Government Is

question 226

Multiple Choice

The largest source of revenue for the federal government is ________ and the largest outlay is for ________.

• A) corporate taxes; Social Security
• B) personal income taxes; Medicare
• C) personal income taxes; interest on national debt
• D) personal income taxes; transfer payments

---

Definitions:

Centralisation

The organizational structure where decision-making authority is concentrated at the top levels of management, often resulting in a hierarchy of power.

Decentralisation

Decentralisation is the dispersion of authority to make decisions throughout all levels of the organisation.

Managerial Advice

Guidance or recommendations provided by someone in a supervisory role, intended to improve an individual's or team's performance and decision-making.

Span of Control

The number of subordinates that a manager or supervisor can directly control or oversee effectively.