Which of the Following Statements Concerning Sales Taxes Is False

question 67

Multiple Choice

Which of the following statements concerning sales taxes is false?

• A) Sales taxes apply to the purchase of most types of consumer goods.
• B) Sales taxes apply to the purchase of most types of consumer services.
• C) Sales taxes are collected by the seller when the sale is made.
• D) Sales taxes imposed on the purchaser of retail items are consumption taxes.

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Definitions:

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or a standard.

Precision

The degree to which repeated measurements under unchanged conditions show the same results.

Precise

Referring to the closeness of two or more measurements to each other, showing little variance when repeated.