A contractor pays a $2,500 tax bill by credit card, and the problem states a 2.3 percent service fee. What is the service fee?
Correct Answer
C) $57.50.
The service fee is $2,500 x 2.3 percent = $57.50.
Why This Is the Correct Answer
The service fee is $2,500 x 2.3 percent = $57.50.
Why the Other Options Are Wrong
Option A: $23.00.
$23.00. is below the supported result for tax payment controls; it likely uses the wrong base, period, or account bucket.
Option B: $46.00.
$46.00. is below the supported result for tax payment controls; it likely uses the wrong base, period, or account bucket.
Option D: $115.00.
$115.00. is above the supported result for tax payment controls; it likely adds an unsupported amount or compares the wrong financial base.
Memory Technique
Deciding Whether money test: bucket before math for tax payment controls.
Reference Hint
Study anchor (closed-book): memorize Tax payment controls from CSLB Law and Business Study Guide; California Franchise Tax Board. / California Franchise Tax Board credit card payment service fee; know the rule or calculation trigger without relying on exam-room lookup.
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