1. Tax imposed on personal or real property in proportion to its value or on some other reasonable method of apportionment. A. Personal, poll or capitation B. Excise C. Property D. Regressive 2. Tax imposed upon performance of an act, the enjoyment of privilege or the engaging in an occupation. A. Personal, poll or capitation B. Excise C. Property D. Regressive 3. Tax which is demanded from the person whom the law intends or desires to pay it. A. Direct B. Excise C. Indirect D. Percentage 4. Tax which is demanded from one person in the expectation and intention that he shall indemnify himself at the expense of another. A. Direct B. Excise C. Indirect D. Percentage 5. Tax which imposes a specific sum by the head or number or by some standard of weight or measurement and which requires no assessment other than a listing or classification of the objects to be taxed. A. Specific B. Excise C. Ad-valorem D. Income 6. Tax of a fixed proportion of the amount or value of the property with respect to which the tax is assessed. A. Specific B. Excise C. Ad-valorem D. Percentage 7. Tax based on a fixed percentage of the amount of property, income or other basis to be taxed. A. Proportional B. Progressive C. Regressive D. Indirect 8. Tax where the rate decreases as the tax base increases. A. Proportional B. Regressive . Progressive D. Indirect 9. Tax where the rate increases as the tax base increases. A. Proportional B. Regressive C. Progressive D. Indirect 10. The strongest of all inherent powers of the state because without it, the government can neither survive nor dispense any of its other powers and functions effectively. A. Police PowerB. Power of Eminent Domain C. Power of Taxation D. Power of Recall 1 1. This power is superior to the non-impairment clause and is broader in application because it is a power to make and implement laws. A. Power of Taxation B. Power of Recall C. Power of Eminent Domain D. Police Power 12. The distinction of a tax from permit or license fee is that a tax is: A. Imposed for regulation. B. One which involves an exercise of police power. C. One in which there is generally no limit on the amount that maybe imposed. D. Limited to the cost of regulation. 13. Police power as distinguished from the power of eminent domain: A. Just compensation is received by the owner of the property. B. Maybe exercised by private individuals. C. May regulate both liberty and property. D. Property is taken by the government for public purpose. 14. A tax wherein both the incidence of or the liability for the payment of the tax as well as the burden of the tax falls on the same person. A. Direct tax B. Indirect tax C. Value added tax D. Percentage tax 15. Which one of the following is not a characteristic or element of a tax? A. It is an enforced contribution. B. It is legislative in character. . C. It is based on the ability to pay. D. It is payable in money or in kind. 16. Tax as distinguished from license fees: A. Limited to cover cost of regulation. B. A regulatory measure. C. Non-payment does not necessarily render the business illegal. D. Imposed in the exercise of police power. 17. The power of taxation is exercised by A. The President B. Bureau of Internal Revenue C. The Supreme Court D. Congress 18. One of the characteristics of internal revenue laws is that they are: A. Criminal in nature B. Penal in nature C. Political in nature D. Generally prospective in application. 19. Which of the following is not an example of excise tax: A. Transfer tax B. Sales tax C. Real property tax D. Income tax 20. The following are similarities of the inherent power of taxation, eminent domain, and police power, except one: A. Are necessary attributes of sovereignty B. Superior to the non-impairment clause of the constitution. C. Compensation is received. D. Are legislative in character.21. License fee as distinguished from tax: A. Non-payment does not necessary render the business illegal. B. A revenue raising measure C. Imposed in the exercise of taxing power. D. Limited to cover cost of regulation. .22. Which tax principle is described in the statement " the more income earned by the taxpayer, the more tax he has to pay." A. Fiscal Adequacy B. Administrative feasibility C. Theoretical justice D. Inherent in sovereignty 23. The most superior and least limitable among the fundamental powers of the state: A. Power of recall B. Power of taxation C. Police power D. Power of eminent domain 24. One of the characteristics of a tax is that: A. It is generally based on contact. B. It is generally payable in money. C. It is generally assignable. D. It is generally subject to compensation. 25. The following are the characteristics of our internal revenue laws except: A. Political in nature. B. Civil in nature. C. Generally prospective in application. D. May operate retrospectively if congress so provides. 26. Which of the following has no power of taxation? A. Provinces B. Barangays C. Cities D. Barrios 27. Tax as distinguished from special assessment: A. not as a personal liability of the person assessed. B. based wholly on benefits . C. exceptional as to time and place D. based on necessity and is to raise revenues 28. Under this basic principle of a sound tax system, the Government should not incur a deficit: A. Theoretical justice B. Fiscal Adequacy C. Administrative feasibility D. Uniformity in taxation 29. Which of the following may not raise money for the government? A. Power of taxation B. Eminent Domain C. Police power D. License fee 30. No person shall be imprisoned for non-payment of this: A. Excise tax B. Income tax C. Value added tax D. Poll tax 31. This is a demand of ownership: A. License fee B. TaxD. Customs duties 32. Income tax is generally regarded as A. an excise tax B. a tax on persons C. a property tax D. tax on profits 33. Which of the following is not acceptable for legally refusing to pay the tax? A. That the right of the state to collect the tax has prescribed. B. That there is no jurisdiction to collect the tax. C. That the tax law was declared as unconstitutional. D. That there is no benefit derived from the tax. 34. No person shall be imprisoned for debt or non-payment of poll tax. This is a(an) A. Inherent limitation B. International limitation C. Constitutional limitation D. Territorial limitation 35. The Department of Finance thru its officers entered into a contract with foreign investors granting them exemption from all forms taxes to encourage investments in the Phils. The contract is A. Void, unless the President ratifies B. Void, because the power to grant tax exemption is vested in Congress. C. Valid, if the President has authorized the officers to enter into such contract. D. Valid, because the purpose is to promote public welfare. 36. Tax as distinguished from debt A. no imprisonment for non-payment B. based on contract C. may be paid in kind D. based on law 37. Congress can impose a tax at any amount and at anytime shows that A. Taxation is an inherent power of the state. B. Taxation is essentially a legislative power. C. Taxation is a very broad power of the state. D. Taxation is based on taxpayers' ability to pay. 38. The amount required is dictated by the needs of the government in: A. License fee B. Toll C. Tax D. Debts 39. A charge imposed on land for special benefits derived resulting from public improvements. A. Tax B. License C. Toll D. Special assessment 40. Which of the following are National Internal Revenue Taxes? I. Income tax II. Donor's tax III. Other percentage tax IV. Estate tax V. Value Added tax VI. Excise Tax VII. Documentary stamp tax A. I, II, III, IV B. I, II, III, IV, V, VI C. I, II, III, IV, V D. I, II, III, IV, V, VI, VII