CIMAPRA17-BA1-1 Exam - Topic 1 Question 30 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 30
Topic #: 1

Country A's tax system is one where every citizen pays tax on earned income over S12,000 per year. The amount of tax paid as a percentage of income rises as individuals income levels rise.

Which of the following describes the nature of the tax paid by individuals in Country A?

AProgressive

BRegressive

CRetentive

DProportional

Show Suggested Answer

Suggested Answer: B

by Justine at May 06, 2022, 07:09 AM

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Kenneth

5 months ago

Progressive tax systems are the way to go for fairness!

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Hoa

6 months ago

I thought all taxes were flat after a certain point?

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Sherman

6 months ago

Wait, are we sure it's not regressive? Seems odd.

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Deja

6 months ago

Totally agree, that's how it works!

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Bok

6 months ago

It's definitely progressive since higher earners pay more.

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Delpha

6 months ago

Hmm, I'm not sure about this one. I'll have to think it through carefully. Exponential smoothing, discrete lot sizing, input/output control - they all sound like they could be relevant.

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Melvin

6 months ago

Hmm, I'm not 100% sure on this one. I'll need to review the differences between the load balancer options and how they handle client IP before answering.

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Option B sounds right to me. Multidimensional reporting allows you to avoid the hassle of writing complex queries with lots of unions and joins, which can be a nightmare to maintain. The flexibility of MDX is a big advantage.

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CIMAPRA17-BA1-1 Exam - Topic 1 Question 30 Discussion

Contribute your Thoughts:

Kenneth

Hoa

Sherman

Deja

Bok

Delpha

Melvin

Lindy