Question

16.Taxes may be divided into two types, namely indirect and _____ taxes. Select the 

correct alternative from the list provided below. 

(1) Direct. 

(2) Local. 

(3) Informal. 

(4) Indirect. 

 

17.Select an alternative that contains the source from which

indirect taxes are based 

from the list provided below. 

(1) Income. 

(2) Expenditure. 

(3) Legal entities. 

(4) Levies and fines. 

Answer 1

16) The correct answer is (1) Direct.

17) The correct answer is (2) Expenditure.