The Parkland sales/use-tax audit lists taxable construction purchases of $94,000 and tax support of $94,000. What status should be reported?
Correct Answer
B) support complete
Tax-file status should identify whether sales/use-tax support covers taxable purchase exposure.
Why This Is the Correct Answer
Tax-file status should identify whether sales/use-tax support covers taxable purchase exposure.
Why the Other Options Are Wrong
Option A: lien window open statutory review note
lien window open statutory review note puts the item in the wrong financial bucket, timing, base, or comparison for tax support gap.
Option C: qualifier issue agency response log
qualifier issue agency response log puts the item in the wrong financial bucket, timing, base, or comparison for tax support gap.
Option D: permit inspection project audit file
permit inspection project audit file puts the item in the wrong financial bucket, timing, base, or comparison for tax support gap.
Memory Technique
Tax Support Gap drawer for Controller Reviews: label tax-file 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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