Question : Which one of the following is a component of profit?

Option 1: Corporate tax
 

Option 2: Wages and salaries in kind
 

Option 3: Mixed income

Option 4: All  of the above.

Question : The components of income method includes-

Option 1: Compensation of employees

Option 2: Operating surplus

Option 3: Mixed income

Option 4: All of the above.

Question : National income can be measured by ________________. 

Option 1: Value added method

Option 2: Income method

Option 3: Expenditure method

Option 4: All of the above.

Question : Which of the following is an example of a direct tax?

Option 1: Sales tax

Option 2: Corporate tax

Option 3: Excise tax

Option 4: All of the above

Question : Expenditure method is also known as__________________. 

Option 1: Income disposal method

Option 2: Income spending method

Option 3: Factor income method

Option 4: None of the above.