When you file your taxes online, this is an example of a ______ transaction.
A) B2B
B) B2C
C) G2C
D) G2M

Question

Quizplus · Accepted Answer

When filing taxes online, you are participating in a government-to-citizen (G2C) transaction. This is because you are interacting with a government entity (the Internal Revenue Service or a similar agency) to fulfill your obligations as a citizen. B2B (business-to-business) transactions typically involve two businesses exchanging goods or services, while B2C (business-to-consumer) transactions involve a business selling to an individual consumer. G2M (government-to-manufacturer) is not a relevant option in this context.

When You File Your Taxes Online, This Is an Example