Which of the following is a valid reason for establishing a tax agency fund and charging a collection fee to other governments?
A) To help eliminate a General Fund deficit.
B) To increase the total amount of taxes levied.
C) To avoid overlapping taxes.
D) To realize administrative efficiencies from centralizing tax billing and collection activities.
Correct Answer:
Verified
Q8: Investment trust funds and pension trust funds
Q17: Fiduciary funds are sometimes identified in the
Q18: Public employee retirement systems should utilize budgetary
Q19: Pension plans are required to report two
Q21: Which of the following statements regarding the
Q24: Billing and collection of special assessments and
Q26: Which of the following is the most
Q27: Which of the statements concerning agency funds
Q35: When a cash and investment pool of
Q47: The cash and investment pool of Lake
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents