Question

____ is an indivisible part of accounting system.
1) Management
2) Taxation
3) Costing
4) Economics​

Answer 1

Answer:

option no B Taxation..

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Answer 2

The correct answer is OPTION 2: Taxation.

• Taxation occurs when a government or other authority requests citizens and corporations to pay a fee to that authority.
• The payment is obligatory, and it is unconnected to any specific services that have been or will be provided, unlike other payments.
• Physical assets such as property, as well as transactions such as the sale of a stock or a home, are taxed.
• Taxes include income, corporate, capital gains, property, inheritance, and sales taxes.