Property tax is a tax based on the assessed value of property, ...

[fnuegbu]

Property tax is a tax based on the assessed value of property, generally collected at the national level as a primary source for government spending.
  Indicate whether the statement is true or false

Question 2

All business expenses, other than the cost of merchandise, required to operate a business such as payroll, rent, utilities, and insurance are known as net losses.
  Indicate whether the statement is true or false

[zenzy]

Answer to Question 1

FALSE

Answer to Question 2

FALSE