Taxes as a Source of State Revenue


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question 1 of 3

Which of these best explains how state agencies calculate property tax?

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1. Which of these explains paying sales tax?

2. Which of these is true about business inventory?

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About This Quiz & Worksheet

With this quiz and worksheet, you will be assessed on your knowledge of how state agencies figure property tax, the concept of sales tax, and business inventory.

Quiz & Worksheet Goals

To put it precisely, you're going to be tested on:

  • Defining sales tax
  • How sales tax is computed
  • Properties of business inventory
  • Properties of sales tax
  • How property tax is computed

Skills Practiced

  • Critical thinking - apply relevant concepts to examine information about taxes in a different light
  • Knowledge application - use your knowledge to answer questions about United States taxation
  • Distinguishing differences - compare and contrast topics from the lesson, such as property tax and sales tax
  • Interpreting information - verify that you can read information regarding the way the government makes money and interpret it correctly

Additional Learning

With our corresponding lesson, Taxes as a Source of State Revenue, you will obtain even more of an understanding of:

  • What state revenue is
  • Sales tax
  • Property tax
  • Income tax