Answers TX-Money Matters A Unit Test — Unit testQuestion 18

18

QuizMultiple Choice

Unit Test — Unit test

Question 18 • TX-Money Matters A

How is an excise tax different from a sales tax?

Answer

A

An excise tax is not deductible.

A

An excise tax applies to specific products.

A

An excise tax applies only to imported goods.

A

An excise tax is an indirect tax.

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