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  • Exam Code: E-ACTCLD-21
  • Exam Name: SAP Certified Specialist - SAP Activate for Cloud Solutions Project Manager
  • Version: V12.75     Q & A: 69 Questions and Answers

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NEW QUESTION: 1
Which of the following refers to taxes that do not necessarily take a larger absolute share of an increase in income?
A. Proportional
B. Progressive.
C. Regressive.
D. Flat.
Answer: C
Explanation:
Regressive taxes are those for which the average tax rate falls as income rises. They take a smaller percentage of income as income rises, so they will not necessarily take a larger absolute amount of income as income rises.

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