Which of the following statements is true?
A) The main items that comprise indirect business taxes include excise taxes,income taxes,and property taxes.
B) Capital consumption allowance is also known as depreciation.
C) A sales tax is an example of an indirect business tax.
D) b and c
E) a,b,and c

Question

Quizplus · Accepted Answer

Option B is true because capital consumption allowance refers to the amount of money that businesses set aside to replace their depreciating capital assets. It is also known as depreciation. 
Option C is true because a sales tax is a tax that is levied on the sale of goods or services, and is paid by the final consumer. It is an example of an indirect business tax. 
Option A is incorrect as it includes income taxes, which are not considered indirect business taxes. Therefore D is the correct answer.

Which of the Following Statements Is True