
TEST DAM 3113
Authored by Imej Diri
Social Studies
University
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The budget has been defined as..
Illegal practice of not paying taxes, by not reporting income, reporting expenses not legally allowed
An estimate of proposed expenditures for a given period or purpose and the proposed means of financing them
An administrative system that creates a division of power between Central & State Government
A risky action or decision that you take in the hope of gaining money, success, or an advantage over other people.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a Tax?
Toll
Tribute
Duty
Fees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a Tax?
Tallage
Donation
Gabel
Aid
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Taxes may be paid in money or as____________
Tuition
Slavery
Corvée labor
Sacrifice life
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a Types of Taxes
Progressive Tax
Regressive Tax
Proportional Tax
Corporate Tax
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Progressive Tax means...
The more a person earns, the higher his average rate of tax will be
The more a person earns, the lower his average rate of tax will be
The less a person earns, the higher his average rate of tax will be
As income increases, the proportion of your income paid in tax falls
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Regressive Tax means
The more a person earns, the higher his average rate of tax will be
As income increases, the proportion of your income paid in tax falls
As income increases, the proportion of your income paid in tax get high
As income decreases, the proportion of your income paid in tax falls
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