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CIMA Exam CIMAPRA19-F01-1 Topic 3 Question 112 Discussion

Actual exam question for CIMA's CIMAPRA19-F01-1 exam
Question #: 112
Topic #: 3
[All CIMAPRA19-F01-1 Questions]

Which of the following is a feature of a direct tax?

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Suggested Answer: A

Contribute your Thoughts:

Theresia
18 hours ago
Wait, is this a tax question? I thought we were studying for the culinary exam. I'm so confused right now.
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Rebbecca
2 days ago
D is the way to go. Direct taxes are tailored to the individual's situation, unlike indirect taxes.
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Adelaide
16 days ago
C seems like the obvious choice. Direct taxes are all about taxing the actual payer, not passing it on.
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Alex
18 days ago
I'm going with B. That's how a lot of indirect taxes work, right?
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Glen
2 days ago
User 1: I think A is the correct answer. The formal and effective incidence are usually the same.
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William
21 days ago
Hmm, I see your point. But I still think A) makes more sense because direct taxes are usually borne by the person they are imposed on.
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Cassi
26 days ago
I disagree, I believe the answer is C) It is not levied on the eventual payer of the tax.
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Bette
29 days ago
Option A is definitely the correct answer. The formal and effective incidence of a direct tax are usually the same.
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Aleta
8 days ago
User 3: Direct taxes are typically paid by the person on whom they are imposed.
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Tashia
9 days ago
User 2: I agree, the formal and effective incidence of a direct tax are usually the same.
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Clorinda
13 days ago
User 1: Option A is definitely the correct answer.
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William
30 days ago
I think the answer is A) The formal incidence and effective incidence are usually the same.
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