TAXES

TAXES

9th - 12th Grade

10 Qs

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TAXES

TAXES

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WHAT IS INCOME TAX

Money added to your income

Money taken from your income

Money earned from your income

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Name one something/someone who suffers from burden of tax.

The population

Government

Businesses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The federal government is responsible for collecting sales tax.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one of the following is not one of the three basic tax categories?

Income

Consumption

Wealth

Leisure

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is beard tax?

Extra tax paid in russia if you have a beard

Extra tax paid in russia if you don't have a beard

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is VAT?

Known in some countries as a goods and services tax

An tax that is imposed on individuals or entities in respect of the income or profits earned by them

A governmental policy that requires men to pay for the privilege of wearing a beard.

A tax that is paid to a governing body for the sales of certain goods and services

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is income tax?

A tax paid to a governing body for the sales of certain goods and services

A governmental policy that requires men to pay for the privilege of wearing a beard.

A tax imposed on individuals or entities in respect of the income or profits earned by them.

Known in some countries as a goods and services tax, is a type of tax that is assessed incrementally.

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