{"id":606,"date":"2017-11-03T18:34:46","date_gmt":"2017-11-03T12:34:46","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/which-one-of-the-following-statements-related-to-taxes-is-correct\/"},"modified":"2017-11-03T18:34:46","modified_gmt":"2017-11-03T12:34:46","slug":"which-one-of-the-following-statements-related-to-taxes-is-correct","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/which-one-of-the-following-statements-related-to-taxes-is-correct\/","title":{"rendered":"Which one of the following statements related to taxes is correct?"},"content":{"rendered":"","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[69],"subject":[7],"education_level":[],"class_list":["post-606","mcq","type-mcq","status-publish","hentry","topic-financial-statements-taxes-and-cash-flow","subject-corporate-finance"],"mcq_note":"The following statements related to taxes is correct the marginal tax rate for a firm can be either higher or lower than the average tax rate.","mcq_options":[{"right":"no","answer":"The marginal tax rate must be equal to or lower than the average tax rate for a firm. "},{"right":"no","answer":"The tax for a firm is computed by multiplying the firm's current marginal tax rate times the taxable income\r\ngo to practice material."},{"right":"no","answer":"Given the corporate tax structure in 2008, the highest marginal tax rate is equal to the highest average tax rate. "},{"right":"yes","answer":"The marginal tax rate for a firm can be either higher or lower than the average tax rate. "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":69,"title":"Financial Statements, Taxes, and Cash Flow","slug":"financial-statements-taxes-and-cash-flow"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=606"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=606"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=606"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=606"},{"taxonomy":"education_level","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/education_level?post=606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}