Which of the Following Is an Example of an Activity-Based

question 39

Multiple Choice

Which of the following is an example of an activity-based tax?

• A) A tax on business' net income
• B) An excise tax
• C) A gift tax on the transfer of assets by gift
• D) Both a tax on business' net income and a gift tax on the transfer of assets by gift

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Definitions:

Cardiorespiratory Endurance

The ability of the heart, lungs, and circulatory system to sustain physical activity over a prolonged period.

Heart's Pumping

Describes the action of the heart as it contracts to circulate blood throughout the body.

Exercise-Training Session

A structured period of physical activity designed to improve fitness, strength, or performance.

Aerobic

Pertaining to exercises or activities that improve the efficiency of the body's cardiovascular system in absorbing and transporting oxygen.