please help me!!!

1.

Expenses are the same as allowable deductions.

Group of answer choices

True

False

2.

Which is NOT a national internal revenue tax?

Group of answer choices

Real Property Tax

Documentary Stamp Tax

Estate Tax

Excise Tax

3.

Income is a flow of wealth other than by a mere cost of capital is the definition of income as provided by?

Group of answer choices

The National Internal Revenue Code

Revenue Regulation No. 22-2020

The 1987 Philippine Constitution

The case of Madrigal vs. Rafferty

4.

Which is NOT an allowable deduction?

Group of answer choices

Documentary Stamp Tax

Abandonment Loss

Net Operating Loss Carry Over

Double Declining method of Depreciation

5.

All donations to the government are deductible in full in the books of the taxpayer.

Group of answer choices

True

False

6.

In 1997, taxpayers are classified into head of the family, single and married insofar as basic personal exemption is concerned. How much is their deductions respectively?

Group of answer choices

P250,000 across the board

No deduction due to repeal

P50,000 across the board

P25,000; P20,000; and P32,000

7.

In 2010, taxpayers are classified into head of the family, single and married insofar as basic personal exemption is concerned. How much is their deductions respectively?

Group of answer choices

P25,000; P20,000; and P32,000

P250,000 across the board

Repealed

P50,000 across the board

8.

In 2021, taxpayers are classified into head of the family, single and married insofar as basic personal exemption is concerned. How much is their deductions respectively?

Group of answer choices

None of the following answers

P50,000. There is no distinction anymore

This is repealed

P250,000. There is no distinction anymore.

9.

How much is the deduction need not be substantiated under Ordinary Standard Deduction?

Group of answer choices

40%

8%

30%

P250,000

10.

Gross income less allowable deductions is.

Group of answer choices

none of the answers

to be taxed

net income

taxable income