Typically Exempt from the Sales/use Tax Base Is the Purchase

question 116

True/False

Typically exempt from the sales/use tax base is the purchase of lumber by a do-it-yourself homeowner, when she builds a deck onto her patio.

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Definitions:

Lean Operations

A structured strategy for decreasing waste in manufacturing processes without compromising on efficiency.

Just-In-Time Techniques

Supply chain management strategies focused on reducing inventory levels and increasing efficiency by receiving goods only as they are needed in the production process.