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Texas Govt 2306 Exam 3 Quesons And Answers Latest Update 2024/2025 All Answers 100% Correct Detailed Best Graded To Score A+ For Success€12,77
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Govt 2306 Exam 3 Questions And Answers Latest Update
2024/2025 All Answers 100% Correct Detailed Best Graded
To Score A+ For Success
As a result of a lawsuit filed by the state of Texas over tobacco-related illnesses, how
much must the American tobacco industry pay the state? - CORRECT ANSWERS $18
billion in damages
What is another name for the state's Economic Stabilization Fund? - CORRECT
ANSWERS rainy day fund
In Texas, which of these provides budget makers with projected revenue levels? -
CORRECT ANSWERS State Comptroller of Public Accounts
Which method of taxation places a greater burden on lower incomes and a lighter
burden on higher incomes? - CORRECT ANSWERS Regressive taxation
Paul won $5 million in the Texas Lottery but failed to claim his prize within 180 days
after the drawing. What will happen to his winnings? - CORRECT ANSWERS They will
be used to fund hospitals for indigent care.
What is the name for a bond whose repayment is guaranteed by the full faith and credit
of the state? - CORRECT ANSWERS General obligaion bond
Which program allows parents to lock in the cost of future tuition and fees at a state
university or college? - CORRECT ANSWERS texas tomorrow funds
Texas state government depends heavily on which type of tax to finance services? -
CORRECT ANSWERS sales tax
In the 2018-2019 biennial budget, approximately what percentage of state expenditures
went to Health and Human Services funding? - CORRECT ANSWERS 35-40 percent
The state of Texas provides unemployment insurance under monies collected from
which source? - CORRECT ANSWERS Payroll Taxes
, Govt 2306 Exam 3 Questions And Answers Latest Update
2024/2025 All Answers 100% Correct Detailed Best Graded
To Score A+ For Success
Most Texans have indicated in numerous polls that they prefer which type of taxation? -
CORRECT ANSWERS Regressive
What is the name of a state tax levied on a natural resource taken from the earth? -
CORRECT ANSWERS Severance Tax
When does the fiscal biennium in Texas begin? - CORRECT ANSWERS September 1 of
odd-numbered years
How does a budget passed by the Texas legislature differ from the federal budget? -
CORRECT ANSWERS It authorizes spending for a two-year period.
So-called "sin taxes" are levies placed on what types of commodities or activities? -
CORRECT ANSWERS Alcohol, mixed drinks, and tobacco
What is a problem with denying CHIP benefits to children? - CORRECT ANSWERS It
involves a reduction of federal money to the state.
Which of the following determines if state agencies have spent public funds in
accordance with law? - CORRECT ANSWERS The State Auditor's Office
Which area of the state is home to the newest regional comprehensive university? -
CORRECT ANSWERS the rio grande valley
Which tactic does Texas often use to balance the budget? - CORRECT ANSWERS
Reducing funding for high-cost items such as Medicaid
According to the Texas Transportation Commission, what is the newest means of
financing Texas highways? - CORRECT ANSWERS The use of money collected from tolls
How does a recipient of public assistance use the Lone Star Card? - CORRECT ANSWERS
To obtain food items in a grocery store
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