Which of the Following Statements Concerning Property Taxes Is False

question 78

Multiple Choice

Which of the following statements concerning property taxes is false?

• A)Property taxes are ad valorem taxes.
• B)Property taxes are the primary source of revenue for local governments.
• C)Property taxes can be levied on realty or personalty.
• D)None of the above is false.

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Definitions:

Formation

The process of creating or developing something, often referring to the natural development of geological or biological features.

Gladiolus

A plant belonging to the iris family, known for its tall flower spikes and a variety of colorful blooms.

Parallel Veins

Parallel veins refer to a vein pattern in plant leaves where the veins run parallel to each other lengthwise, typically found in monocot plants.

Monocot

Monocotyledon; flowering plant group; members have one embryonic leaf (cotyledon), parallel-veined leaves, scattered vascular bundles, flower parts in threes or multiples of three, and other characteristics.