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(1 exact duplicate found)

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5 Written questions

5 Matching questions

  1. balanced budget
  2. $10000
  3. income taxes
  4. revenue
  5. audit
  1. a when revenue equals expenditures
  2. b a careful examination by trained accountants of every item of income and expenditure
  3. c give money over this amount and pay a gift tax
  4. d taxes on earnings of individuals and companies
  5. e money

5 Multiple choice questions

  1. the amount of money a taxpayer can subtract from the tax they pay, for themselves and each dependent
  2. stocks, bonds, jewelry, cars and boats that may be taxed
  3. an import tax
  4. the total amount of money that the government has borrowed, plus interest
  5. a shortage of money

5 True/False questions

  1. profitincome a business has left after paying expenses


  2. finesmoney paid for illegal parking and speeding


  3. benefit paymentslargest cost to the Federal Government


  4. progressive taxa tax that takes a larger percentage of income from higher income groups than from lower income groups


  5. executive brancha tax on gas, alcohol and luxury items


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