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Which of the following is a true statement? An employee can set his or her own hours. An employee provides services to many employees. An

Which of the following is a true statement?

  1. An employee can set his or her own hours.
  2. An employee provides services to many employees.
  3. An employee gets a W-4 at the end of the year.
  4. An independent contractor gets a 1099-MISC at the end of the year.

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A tax that is based on a person's eye color does not meet the standard that a good tax should be:

  1. sufficient.
  2. convenient.
  3. efficient.
  4. fair.

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The Internal Revenue Code is an example of:

  1. judicial authority.
  2. statutory authority.
  3. administrative authority.
  4. All of the above

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An inter vivos transfer is:

  1. the transfer of money between bank accounts.
  2. when property is transferred after the death of the transferor.
  3. when property is transferred as a gift while the transferor is still alive.
  4. when property is transferred as a gift while the transferee is still alive.

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