Chapter 10 - Summary

In summary, you should be able to:

  • Identify the difference between Consumer Use Tax and Sellers Use tax.
  • Calculate tax correctly on purchase orders.
  • Calculate tax on a vendor invoice that does not have tax.
  • Verify the tax on a vendor invoice and make an informed decision recording the liability.
Please see the following link for a comprehensive listing of requirements for Use Tax Certification.

Tests that were in this chapter: