The Tax Method That Uses the Principle of Taxing Those

question 72

Multiple Choice

The tax method that uses the principle of taxing those more who earn more is called ________ taxation.

• A) benefits received
• B) payment burden
• C) progressive
• D) regressive

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Definitions:

Variable Costs

Costs that vary directly with the level of production or business activity, such as materials and labor costs.

Allocated Fixed Costs

Fixed costs that are distributed across different departments or projects based on determined criteria.

Income From Operations

Earnings generated from the normal business activities of a company, excluding income from other sources like investments.

Decentralization

The distribution of decision-making authority to lower levels in an organization, allowing closer proximity to decision-making and customer interaction.