Q1VBSolutions - ACCTG 321 Spring 2010 Quiz#1 Version B 1...

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ACCTG 321 Spring 2010 Quiz #1 Version B 1. Margaret was issued a $150 speeding ticket. This is:  a. A tax because payment is required by law b. A tax because the payment is not related to any specific benefit received from the government agency  collecting the ticket c. Not a tax because it is considered a fine intended to punish illegal behavior d. A tax because it is imposed by a government agency e. Not a tax because Margaret could have avoided payment if she did not speed 2. The difficulty in calculating a tax is typically in the determination of:  a. The correct tax rate b. Where to file the tax return c. The tax base d. The due date for the return e. None of the above 3.  The ultimate economic burden of a tax is best captured by:  a. The marginal tax rate b. The effective tax rate c. The average tax rate d. The proportional tax rate e. None of the above is correct
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ACCTG 321 Spring 2010 Quiz #1 Version B 4. Which of the following is true regarding use taxes? a.
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This note was uploaded on 11/03/2010 for the course ACCTG 321 taught by Professor Will during the Spring '08 term at San Diego State.

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Q1VBSolutions - ACCTG 321 Spring 2010 Quiz#1 Version B 1...

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