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TCO 1) A payment for the ownership of a tangible good is referred to as a(n):
Student Answer: excise tax
use tax
penalty
charge (General Feedback:
Chapter 1, pages 4 – 10)
Comments:
Question 2. Question : (TCO 1) Larimer County assesses a 4.5% tax on every sale of gasoline in the county. This is an example of:
Student Answer: use tax
activity-based tax
user’s fee
excise tax (General Feedback: