A monthly report of taxes receivable is required by which mechanism to be filed with government body?

• A. Statute
• B. Ordinance
• C. Regulation
• D. Policy

Answer: (A)

The obligation to file a monthly report of taxes receivable is created by statute. Statutes are laws enacted by the legislative branch that establish duties, rights, and authorities for taxpayers and the tax administration. They set what must be reported, how often, and to whom, forming the legal basis for such reporting requirements.

Ordinances govern local matters and would only create similar duties if issued as local statutes, but the general mechanism for establishing a filing requirement at a broader level is the statute. Regulations are detailed rules issued to implement statutes; they explain how the statute is applied (forms, deadlines, procedures) but rely on the underlying statute for their authority. Policies are internal guidance and do not by themselves create enforceable legal duties.