Asked by Belamy Counou on Jun 09, 2024
Verified
Which of the following is an example of a revenue agency?
A) Federal Reserve System
B) Agricultural Extension Service
C) U.S.Customs Service
D) Securities and Exchange Commission
Revenue Agency
A government body responsible for collecting taxes and other revenues that fund government operations and services.
- Explain the responsibilities and operations of government corporations, independent entities, and tax-collecting bodies.
Verified Answer
AD
Amanda DeTiberiisJun 10, 2024
Final Answer :
C
Explanation :
U.S. Customs Service is responsible for collecting revenue from imported goods through the payment of tariffs and duties.
Learning Objectives
- Explain the responsibilities and operations of government corporations, independent entities, and tax-collecting bodies.