Docsity
Log inSign up
Docsity
Prepare for your exams
Prepare for your exams

Study with the several resources on Docsity

Earn points to download
Earn points to download

Earn points by helping other students or get them with a premium plan

Guidelines and tips
Guidelines and tips
Sell on Docsity
Sell on Docsity
Log inSign up

Prepare for your exams

Study with the several resources on Docsity

Find documents

Prepare for your exams with the study notes shared by other students like you on Docsity

Search Store documents

The best documents sold by students who completed their studies

Search through all study resources
Docsity AINEW

Summarize your documents, ask them questions, convert them into quizzes and concept maps

Explore questions

Clear up your doubts by reading the answers to questions asked by your fellow students

Earn points to download

Earn points by helping other students or get them with a premium plan

Share documents
download point icon20 Points

For each uploaded document

Answer questions
download point icon5 Points

For each given answer (max 1 per day)

All the ways to get free points
Get points immediately

Choose a premium plan with all the points you need

Study Opportunities

Choose your next study program

Get in touch with the best universities in the world. Search through thousands of universities and official partners

Community

Ask the community

Ask the community for help and clear up your study doubts

University Rankings

Discover the best universities in your country according to Docsity users

Free resources

Our save-the-student-ebooks!

Download our free guides on studying techniques, anxiety management strategies, and thesis advice from Docsity tutors

From our blog

Exams and Study
Go to the blog

Answer Key for Taxation, Exercises of Business Taxation and Tax Management

University of Mindanao (UM)Business Taxation and Tax Management

This document is an answer key containing only the final answers—without detailed solutions—for assessments related to Taxation.

Typology: Exercises

2016/2017

Uploaded on 04/29/2025

Jack2024
Jack2024 🇵🇭

1 document

1 / 10

Toggle sidebar

This page cannot be seen from the preview

Don't miss anything!

bg1
Ch 1
1. N
2. 1
3. C &I
4. N
5. C
6. C & I
7. C
8. C
9. C
10.C
11.C
12.I
13.C
14.N
15.C
16.C
17.I
18.C
19.N
20.N
True or False 1
1. FALSE
2. TRUE
3. TRUE
4. TRUE
5. FALSE
6. FALSE
7. TRUE
8. FALSE
9. TRUE
10.TRUE
TRUE OR FALSE 2
1. FALSE
2. FALSE
3. TRUE
4. TRUE
5. TRUE
6. TRUE
7. FALSE
8. FALSE
9. FALSE
10.FALSE
MC THEORY: PART 1
1. A
2. D
3. D
4. A
5. D
6. D
7. A
8. A
9. B
10.C
11.D
12.D
13.C
14.C
15.B
16.D
17.D
18.A
19.D
20.D
21.C
22.C
23.C
24.C
25.B
26.C
27.C
28.D
29.C
30.A
31.B
32.D
33.A
34.B
MC THEORY: P2
1. A
2. B
3. B
4. A
5. C
6. D
7. C
8. B
9. B
10.B
11.D
12.C
13.C
14.D
15.C
16.A
17.B
18.D
19.C
20.D
21.A
22.B
MC THEORY: P3
1. B
2. A
3. C
4. A
5. C
6. A
7. D
8. D
9. C
10.A
11.B
12.C
13.B
14.C
15.D
16.A
17.B
18.D
19.B
20.D
21.C
22.D
23.D
24.B
CHAPTER 2:
EXERCISE DRILL 1
pf3
pf4
pf5
pf8
pf9
pfa

Partial preview of the text

Download Answer Key for Taxation and more Exercises Business Taxation and Tax Management in PDF only on Docsity!

Ch 1

  1. N
  2. 1
  3. C &I
  4. N
  5. C
  6. C & I
  7. C
  8. C
  9. C 10.C 11.C 12.I 13.C 14.N 15.C 16.C 17.I 18.C 19.N 20.N True or False 1 1. FALSE 2. TRUE 3. TRUE 4. TRUE 5. FALSE 6. FALSE 7. TRUE 8. FALSE 9. TRUE 10.TRUE TRUE OR FALSE 2
  10. FALSE
  11. FALSE
  12. TRUE
  13. TRUE
  14. TRUE
  15. TRUE
  16. FALSE
  17. FALSE

9. FALSE

10.FALSE

MC THEORY: PART 1

1. A

2. D

3. D

4. A

5. D

6. D

7. A

8. A

9. B

10.C

11.D

12.D

13.C

14.C

15.B

16.D

17.D

18.A

19.D

20.D

21.C

22.C

23.C

24.C

25.B

26.C

27.C

28.D

29.C

30.A

31.B

32.D

33.A

34.B

MC THEORY: P

1. A

2. B

3. B

4. A

5. C

6. D

7. C

8. B

9. B

10.B

11.D

12.C

13.C

14.D

15.C

16.A

17.B

18.D

19.C

20.D

21.A

22.B

MC THEORY: P

1. B

2. A

3. C

4. A

5. C

6. A

7. D

8. D

9. C

10.A

11.B

12.C

13.B

14.C

15.D

16.A

17.B

18.D

19.B

20.D

21.C

22.D

23.D

24.B

CHAPTER 2:

EXERCISE DRILL 1

  1. Other percentage TAx
  2. Donor’s TAx
  3. Regressive Tax
  4. Indirect Tax
  5. Ad valorem
  6. Fiscal or Revenue Tax
  7. National tax
  8. Excise Tax
  9. Estate Tax 10.Personal, Poll, or Capitation 11.Proportional Tax 12.Specific Tax 13.Direct TAx 14.Regulatory 15.Excise/privilege tax EXCISE DRILL 2
  10. Revenue
  11. Tax
  12. Special assessment
  13. Custom’s duties
  14. License fee
  15. Tax
  16. Debt
  17. Toll
  18. Penalty 10.debt Exercise Drill 3
  19. 200K/quar ter
  20. 1M/year
  21. 1M/year
  22. 1M/year
  23. 200K/QUA RTER
  24. 1M/year
  25. 1B in a year
  26. 300M at year end
  27. 800M in the preceding year MC THEORY P
  28. B
  29. A
  30. C
  31. C
  32. B
  33. A
  34. A
  35. B
  36. C 10.D 11.A 12.B 13.B 14.C 15.C 16.D 17.D 18.D 19.C 20.D 21.D 22.B 23.A 24.B 25.B 26.A 27.D 28.B 29.B 30.C 31.D 32.D 33.C 34.A 35.D 36.B 37.D 38.B 39.D 40.A

41.B

42.A

43.D

44.A

45.C

MC THEORY P

1. A

2. C

3. A

4. D

5. D

6. C

7. C

8. A

9. D

10.B

11.C

12.D

13.D

14.A

MC THEORY p

  1. B
  2. C
  3. A
  4. A
  5. B
  6. D
  7. D
  8. C
  9. A 10.A 11.D 12.B 13.B 14.D 15.C 16.D 17.C 18.A 19.C 20.D 21.D 22.B

21.Exe mpt

22.Exe mpt

TRUE OR FALSE

1. T

2. F

3. F

4. T

5. F

6. T

7. F

8. F

9. F

10.F

11.F

12.F

13.F

14.F

15.T

16.F

17.F

TRUE OR FALSE 2

1. F

2. F

3. F

4. F

5. T

6. T

7. F

8. F

9. T

10.T

11.T

12.F

13.T

14.F

15.T

MC THEORY 1

1. A

2. B

3. D

4. D

5. B

6. C

7. A

8. D

9. C

10.C

11.C

12.C

13.C

14.C

15.A

MC THEORY 2

1. B

2. B

3. D

4. B

5. D

6. D

7. A

8. C

9. C

10.D

11.A

12.D

13.A

14.A

15.D

16.D

17.D

18.C

MC PROBLEM 1

1. D

2. C

3. A

4. A

5. C

6. C

7. C

8. D

9. B

10.B

11.A

12.A

13.B

14.A

15.D

MC PROBLEM 2

1. B

2. C

3. B

4. D

5. A

6. B

7. B

8. D

9. C

10.D

11.D

12.D

13.C

14.A

15.B

MC PROBLEM 3

1. B

2. A

3. D

4. D

5. B

6. D

7. D

8. A

9. C

10.C

11.D

12.C

13.A

CHAPTER 6 - CAPITAL

GAINS TAXATION

TRUE OR FALSE 1

1. T

2. F

3. T

4. F

5. F

6. F

7. T

8. T

9. T

10.T

11.T

12.T

13.T

14.F

15.F

16.F

17.T

18.F

19.F

20.F

TRUE OR FALSE 2

1. T

2. F

3. F

4. F

5. T

6. T

7. F

8. T

9. F

10.T

11.T

12.F

13.T

14.T

15.F

16.T

17.F

18.T

19.F

20.T

MC THEORY 1

1. C

2. A

3. C

4. D

5. D

6. C

7. A

8. C

9. D

10.A

11.C

12.D

13.A

14.C

15.D

MC THEORY 2

1. D

2. C

3. D

4. D

5. C

6. A

7. C

8. D

9. C

10.B

11.D

12.C

13.B

14.A

15.B

16.A

17.B

MC THEORY 3

1. A

2. C

3. A

4. B

5. C

6. D

7. A

8. D

9. C

10.D

11.A

12.B

13.D

14.D

15.A

MC PROBLEM 1

1. D

2. D

3. C

4. D

5. C

6. C

7. D

8. A

9. A

10.B

11.D

12.B

13.C

14.B

15.A

16.A

MC PROBLEM 2

1. A

2. D

3. D

4. D

5. C

6. D

7. B

8. A

9. A

10.C

MC PROBLEM 3

1. A

2. D

3. C

4. A

5. D

6. C

7. B

8. D

9. D

10.A

11.A

12.B

MC PROBLEM 4

1. A

2. B

3. C

4. B

5. C

6. C

7. B

8. C

9. D

10.D

11.C

15.F

MC THEORY PART 1

1. D

2. A

3. D

4. C

5. A

6. D

7. A

8. B

9. D

10.A

11.C

12.B

13.C

14.A

15.A

16.C

17.B

18.C

19.C

20.A

21.A

22.B

23.B

24.C

25.D

26.C

27.A

28.D

29.C

30.B

MC THEORY 2

1. A

2. B

3. C

4. A

5. A

6. B

7. B

8. C

9. C

10.A

11.B

12.D

13.A

14.A

15.C

16.B

17.D

MC PROBLEM 1

1. D

2. C

3. B

4. D

5. A

6. C

7. B

8. D

9. C

10.C

11.D

12.D

13.A

14.A

15.A

16.D

MC PROBLEM 2

1. D

2. D

3. C

4. A

5. B

6. C

7. D

8. D

9. D

10.D

11.C

12.A

13.B

14.D

15.B

16.A

17.D