8/31/24,g11:54gAM TestgbankgSolutiongManualgForgMcgGrawgHill'sgTaxationgofgIndividualsgandgB
…
6/14/2020 Assignment gPrint gView
ForgAllgChaptersg-->g
1. Award:g10.00gpoints
Taxesginfluencegmanygtypesgofgbusinessgdecisionsgbutggenerallygdognotginfluencegpersonalgdecisions.
□ True
g gFalse
References
Trueg/gFalse Difficulty:g1g Easy Learningg Objective:g 01-01g Demonstrateg how
taxesginfluencegbasicgbusiness,ginvestment,
g personal,gandg politicalg decisions.
2. Award:g10.00gpoints
Taxesginfluencegbusinessgdecisionsgsuchgasgwheregagbusinessgshouldglocategorghowgagbusinessgs
houldg begstructured.
g g True
□ False
References
Trueg/gFalse Difficulty:g1g Easy Learningg Objective:g 01-01g Demonstrateg how
taxesginfluencegbasicgbusiness,ginvestment,
g personal,gandg politicalg decisions.
ForgAllgChaptersg-->g
https://ezto.mheducation.com/hm_accounting.tpx 1/107
about:blank 1/116
,8/31/24,g11:54gAM TestgbankgSolutiongManualgForgMcgGrawgHill'sgTaxationgofgIndividualsgandgB
…
6/14/2020 Assignment gPrint gView
ForgAllgChaptersg-->g
3. Award:
Taxgpolicygrarelygplaysgangimportantgpartg ingpresidentialgcampaigns.
□ True
g gFalse
References
Trueg/gFalse Difficulty:g1g Easy Learningg Objective:g 01-01g Demonstrateg how
taxesginfluencegbasicgbusiness,ginvestment,
g personal,gandg politicalg decisions.
4. Award:g10.00gpoints
Margaretgrecentlygreceivedgagparkinggticket.gThisgisgagcommongexamplegofgag localgtax.
□ True
g gFalse
References
Trueg/gFalse Difficulty:g1g Easy LearninggObjective:g01-02gDiscussg what
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
about:blank 2/116
,8/31/24,g11:54gAM TestgbankgSolutiongManualgForgMcgGrawgHill'sgTaxationgofgIndividualsgandgB
…
6/14/2020 Assignment gPrint gView
ForgAllgChaptersg-->g
5. Award:
Georgegrecentlygpaidg$50gtogrenewghisgdriver'sglicense.gTheg$50gpaymentgisgconsideredgagtax.
□ True
g g False
Agtaxgisgagpaymentgrequiredgbygaggovernmentgthatgisgunrelatedgtoganygspecificgbenefitgorgservice
g receivedgbygtheggovernment.
References
Trueg/gFalse Difficulty:g1g Easy LearninggObjective:g01-02gDiscussg what
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
6. Award:g10.00gpoints
Ag1gpercentgchargegimposedgbygaglocalggovernmentgongfootballgticketsgsoldgisgnotgconsideredgagta
xgifgallg proceedsgaregearmarkedgtogfundglocalgschools.
□ True
g gFalse
References
Trueg/g False Difficulty:g 2g Medium LearninggObjective:g01-02gDiscussgwhat
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
about:blank 3/116
, 8/31/24,g11:54gAM TestgbankgSolutiongManualgForgMcgGrawgHill'sgTaxationgofgIndividualsgandgB
…
6/14/2020 Assignment gPrint gView
ForgAllgChaptersg-->g
7 Award:
Onegkeygcharacteristicgofgagtaxgisgthatgitgisgagrequiredgpaymentgtogaggovernmentalgagency.
g g True
□gFalse
References
Trueg/g False Difficulty:g 2g Medium LearninggObjective:g01-02gDiscussgwhat
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
8. Award:g10.00gpoints
Commongexamplesg ofgsingtaxesgincludegthegtaxesgimposedgongairlinegticketsgandg gasoline.
□ True
g gFalse
References
Trueg/g False Difficulty:g 2g Medium LearninggObjective:g01-02gDiscussgwhat
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
about:blank 4/116
…
6/14/2020 Assignment gPrint gView
ForgAllgChaptersg-->g
1. Award:g10.00gpoints
Taxesginfluencegmanygtypesgofgbusinessgdecisionsgbutggenerallygdognotginfluencegpersonalgdecisions.
□ True
g gFalse
References
Trueg/gFalse Difficulty:g1g Easy Learningg Objective:g 01-01g Demonstrateg how
taxesginfluencegbasicgbusiness,ginvestment,
g personal,gandg politicalg decisions.
2. Award:g10.00gpoints
Taxesginfluencegbusinessgdecisionsgsuchgasgwheregagbusinessgshouldglocategorghowgagbusinessgs
houldg begstructured.
g g True
□ False
References
Trueg/gFalse Difficulty:g1g Easy Learningg Objective:g 01-01g Demonstrateg how
taxesginfluencegbasicgbusiness,ginvestment,
g personal,gandg politicalg decisions.
ForgAllgChaptersg-->g
https://ezto.mheducation.com/hm_accounting.tpx 1/107
about:blank 1/116
,8/31/24,g11:54gAM TestgbankgSolutiongManualgForgMcgGrawgHill'sgTaxationgofgIndividualsgandgB
…
6/14/2020 Assignment gPrint gView
ForgAllgChaptersg-->g
3. Award:
Taxgpolicygrarelygplaysgangimportantgpartg ingpresidentialgcampaigns.
□ True
g gFalse
References
Trueg/gFalse Difficulty:g1g Easy Learningg Objective:g 01-01g Demonstrateg how
taxesginfluencegbasicgbusiness,ginvestment,
g personal,gandg politicalg decisions.
4. Award:g10.00gpoints
Margaretgrecentlygreceivedgagparkinggticket.gThisgisgagcommongexamplegofgag localgtax.
□ True
g gFalse
References
Trueg/gFalse Difficulty:g1g Easy LearninggObjective:g01-02gDiscussg what
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
about:blank 2/116
,8/31/24,g11:54gAM TestgbankgSolutiongManualgForgMcgGrawgHill'sgTaxationgofgIndividualsgandgB
…
6/14/2020 Assignment gPrint gView
ForgAllgChaptersg-->g
5. Award:
Georgegrecentlygpaidg$50gtogrenewghisgdriver'sglicense.gTheg$50gpaymentgisgconsideredgagtax.
□ True
g g False
Agtaxgisgagpaymentgrequiredgbygaggovernmentgthatgisgunrelatedgtoganygspecificgbenefitgorgservice
g receivedgbygtheggovernment.
References
Trueg/gFalse Difficulty:g1g Easy LearninggObjective:g01-02gDiscussg what
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
6. Award:g10.00gpoints
Ag1gpercentgchargegimposedgbygaglocalggovernmentgongfootballgticketsgsoldgisgnotgconsideredgagta
xgifgallg proceedsgaregearmarkedgtogfundglocalgschools.
□ True
g gFalse
References
Trueg/g False Difficulty:g 2g Medium LearninggObjective:g01-02gDiscussgwhat
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
about:blank 3/116
, 8/31/24,g11:54gAM TestgbankgSolutiongManualgForgMcgGrawgHill'sgTaxationgofgIndividualsgandgB
…
6/14/2020 Assignment gPrint gView
ForgAllgChaptersg-->g
7 Award:
Onegkeygcharacteristicgofgagtaxgisgthatgitgisgagrequiredgpaymentgtogaggovernmentalgagency.
g g True
□gFalse
References
Trueg/g False Difficulty:g 2g Medium LearninggObjective:g01-02gDiscussgwhat
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
8. Award:g10.00gpoints
Commongexamplesg ofgsingtaxesgincludegthegtaxesgimposedgongairlinegticketsgandg gasoline.
□ True
g gFalse
References
Trueg/g False Difficulty:g 2g Medium LearninggObjective:g01-02gDiscussgwhat
constitutesgagtaxgandgtheggeneralgobjective
sg ofgtaxation.
about:blank 4/116
