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QUESTION 5 Which statement about several factors determining how revenue is generated is NOT true? a. Certain employee benefits such as health care premiums are
QUESTION 5
- Which statement about several factors determining how revenue is generated is NOT true?
a. | Certain employee benefits such as health care premiums are exempt from income taxes because they are believed to encourage employers to provide those benefits as a societal good. | |
b. | People pay taxes on certain bases and charges on enterprise activities. | |
c. | Almost all deductions such as the mortgage interest deduction that are taken from a particular tax base are not to support certain behaviors or encourage other behaviors to change. | |
d. | A revenue base is the event upon which revenue is collected. |
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