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Which of the Following Is True of Taxes

Question 54

Multiple Choice

Which of the following is true of taxes?


A) Businesses cannot collect taxes from employees.
B) Taxes are not taken into account in managerial decision-making.
C) Businesses cannot pass on the burden of taxes by charging consumers more money for products.
D) Businesses are not liable to pay property taxes.
E) Businesses have to withhold income taxes from employees' earnings and send them to the federal government.

Correct Answer:

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