Corporation tax is levied all incorporated businesses.
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of
on
to
Question21
: 1
The more the taxpayer earns, the larger amount he has to pay taxes.
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in
to
on
Question22
: 1
Cost accounting systems produce timely information inventories hand and unit costs.
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by … at
about … on
to … on
Question23
: 1
No tax is levied tax deductions.
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by
to
on
Question24
: 1
Accelerated methods are more attractive for tax purposes.
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−
the
a
Question25
: 1
FIFO method is probably most commonly used inventory method.
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− … the … the
the … a … −
the … the … −
Question26
: 1
The sales figures may be adjusted various reasons.
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by
for
into
Question27
: 1
The company must include accumulated depreciation in income statement.
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a … a
the … a
--- … the
Question28
: 1
Accounting information is adjusted to requirements of Tax Code.
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the … the
the … −
a … a
Question29
: 1
taxation accounting deals with rules needed to determine taxable income.
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− … the … the
a … − … a
the … − … −
Question30
: 1
The company’s owners rely the internal auditor.
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for
on
at
Question31
: 1
construction companies use job order cost systems because each construction project has unique characteristics.
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the … the … an
the … the … a
− … − … −
Question32
: 1
Management plans to operate the business various levels of activity are included in the financial forecast.
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at
into
in
Question33
: 1
He spends hours trying to spot the numbers that stand .
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from
out
up
Question34
: 1
Part of a taxpayer’s income is deducted the employers the paychecks of the employees.
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by … by
of … out of
by … from
Question35
: 1
Job order cost systems by shipbuilders and defence contractors.
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is used
use
are used
Question36
: 1
LIFO method assumes that most recently purchased or produced goods are used first.
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the … the … −
the … a … −
− … the … the
Question37
: 1
External auditors have to make sure that there is no fraud the part of the management.
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from
of
on
Question38
: 1
The company pay out smaller dividends be¬cause the revenues were not very high.
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must
is to
had to
Question39
: 1
Internal auditors are not as independent management as exter¬nal auditors.
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for
on
from
Question40
: 1
Tax is not levied tax deductions.
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by
on
of