CIMA Exam CIMAPRA19-F01-1 Topic 6 Question 69 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam

Question #: 69
Topic #: 6

[All CIMAPRA19-F01-1 Questions]

Why are excise duties an attractive method of raising tax for governments?

Select TWO that apply.

ALow cost of collection compared to other forms of taxation.

BHigh yields from the tax.

CEncourages consumption of products such as alcohol.

DPopular form of tax for the tax payer as it can be reclaimed.

EEnsures that the tax levied on all taxpayers is the same irrespective of their spending habits.

Show Suggested Answer

Suggested Answer: D

by Loren at Apr 19, 2023, 01:43 PM

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