The Longwood material-tax file shows taxable construction purchases of $64,000 and documented tax-paid purchases of $64,000. What status should be reported?
Correct Answer
B) tax support complete
If tax-paid support is less than taxable purchase exposure, the contractor should review use-tax exposure.
Why This Is the Correct Answer
If tax-paid support is less than taxable purchase exposure, the contractor should review use-tax exposure.
Why the Other Options Are Wrong
Option A: lien timing review statutory review note
lien timing review statutory review note puts the item in the wrong financial bucket, timing, base, or comparison for use tax support.
Option C: qualifier update agency response log
qualifier update agency response log puts the item in the wrong financial bucket, timing, base, or comparison for use tax support.
Option D: permit closeout project audit file
permit closeout project audit file puts the item in the wrong financial bucket, timing, base, or comparison for use tax support.
Memory Technique
Use the controlling choice drawer for Controller Reviews: label tax-paid before counting dollars.
Reference Hint
Open-book path: tab Florida Statutes Chapter 212; Florida Department of Revenue Sales and Use Tax on Building Contractors to Florida DOR GT-800007, Contractor sales and use tax records; verify the Florida rule, deadline, or compliance record before answering.
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