Discuss CIMA CIMAPRA19-F01-1 Exam Topic 4 Question 134

CIMAPRA19-F01-1 Exam - Topic 4 Question 134 Discussion

Posted by Jenelle on Oct 23, 2026 at 12:41 PM

Which of the following is NOT a feature of a multi-stage sales tax?

AThe entire tax burden is usually passed to the final consumer.

BTax is charged each time a product is sold in the chain from manufacturer through to retailer.

CTax is applied at the retail level only and not at production level.

DCredit may not be allowed for taxes paid on sales within the chain from manufacturer through to retailer.

Suggested Answer: C

2 comments · newest first

Ramonita 3 hours ago

I'm not entirely sure, but I feel like option D could be the answer since it mentions credit, which seems off for a multi-stage tax.

Joseph 5 days ago

I think option C sounds right because I remember multi-stage sales tax applies at multiple points, not just retail.

Thread summary

● Consensus

Community pick: Yes strong agreement

Vote breakdown

A 1%

B 3%

C 91%

D 2%

Summary updated from 2 comments · last activity 3 hours ago

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