Acct324 week 1 quiz 2017

Question Question 1.1. (TCO 1) Which, if any, of the following would tend to decrease the ad valorem tax on real estate? (Points : 2) An abandoned church building is sold to a restaurant chain. A tax holiday issued to a manufacturing plant expires. An office building is converted into condominium units to be sold to senior citizens. A portion of a city park is sold to a car dealership. None of the above Question 2.2. (TCO 1) Characteristics of a national sales tax include which of the following?...

Question Question 1.1. (TCO 1) Which, if any, of the following would tend to decrease the ad valorem tax on real estate? (Points : 2) An abandoned church building is sold to a restaurant chain. A tax holiday issued to a manufacturing plant expires. An office building is converted into condominium units to be sold to senior citizens. A portion of a city park is sold to a car dealership. None of the above Question 2.2. (TCO 1) Characteristics of a national sales tax include which of the following?...