CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 30 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 30
Topic #: 1

Country A's tax system is one where every citizen pays tax on earned income over S12,000 per year. The amount of tax paid as a percentage of income rises as individuals income levels rise.

Which of the following describes the nature of the tax paid by individuals in Country A?

AProgressive

BRegressive

CRetentive

DProportional

Show Suggested Answer

Suggested Answer: B

by Justine at May 06, 2022, 07:09 AM

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