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Sales tax is: Select one: a. A tax that is applied by the government to goods...

Sales tax is:

Select one:

a. A tax that is applied by the government to goods or services that are sold

b. A tax that is applied by corporations to improve their inventory turnover ratio

c. A tax that is applied by the government only on charitable goods

d. A tax that is applied by SalesForce.com

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Answer #1

Correct answer----------a. A tax that is applied by the government to goods or services that are sold

.

A sales tax is revenue of the government. Sales tax is collected by the seller when they sell goods to customer. These sellers, after collecting sales tax from customer, deposit the tax to the government.

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