Vocabulary
What is the meaning of "Finantial Statment" in spanish?
A)Estado de Resultados
B)Estado de Situación Financiera
C)Estado de Flujo de Efectivo
B)Estado de Situación Financiera
What is the purpose of the Income Tax in Mexico?
A) To tax the productive activities of goods and services in the country.
B) To tax the income of individuals and corporations.
C) To tax the consumption of goods and services in the country.
B) To tax the income of individuals and corporations.
Which document is required to declare the value and origin of goods in international trade?
a) Invoice.
b) Bill of lading.
c) Customs declaration.
c) Customs declaration.
How many articles does the constitution have?
A)123
B)302
C)136
a)136
What colors is the flag of Mexico? The flag of Mexico is made up of three colors:
A) green, white and red.
B) red, white and green
C) white, green and red
A) green, white and red.
What is the meaning of "Assests and Pasives" in spanish?
A)Activos y Pasivos
B)Activos y Capital
C)Ingresos y Egresos
A)Activos y Pasivos
What percentage of Income Tax withholding is typically applied to employees' salaries?
A) A fixed percentage of 5%.
B) It depends on the salary amount, as it is progressive.
C) A fixed percentage of 15%.
B) It depends on the salary amount, as it is progressive.
What is the main purpose of a free trade agreement (FTA)?
a) To increase tariffs on imported goods.
b) To eliminate or reduce trade barriers between countries.
c) To ban foreign investment.
b) To eliminate or reduce trade barriers between countries.
Article of the constitution that talks about work
a)24
b)16
c)123
c)123
Where is the famous Eiffel Tower located?
A) Paris, Russia
B) Las Vegas, United States
C) Paris, France.
C) Paris, France.
What is the meaning of "Audit Sampling" in spanish?
A)Documentación de Auditoria
B)Muestreo de Auditoria
C)Dictamen de Auditoría
b) Muestreo de Auditoria
How is the taxable base determined for corporations under the Income Tax Law?
A) Based on net income, after deducting authorized expenses.
B) Based on gross income without any deductions.
C) Only on the dividends distributed to shareholders.
A) Based on net income, after deducting authorized expenses.
What is the role of the World Trade Organization (WTO)?
a) To regulate trade disputes and promote free trade globally.
b) To impose tariffs on all international transactions.
c) To control currency exchange rates.
a) To regulate trade disputes and promote free trade globally.
2.-What does labor law regulate?
a) The relationship between the employer and his workers
b) The work
c) That the workers do their job
a) The relationship between the employer and his workers
Who wrote “100 Años de Soledad”?
A) Jaime Sabines
B) Gabriel García Márquez.
C)Pablo Neruda
B) Gabriel García Márquez
What is the meaning of "Advance" in spanish?
A)Anticipo
B)Cuenta
C) Depreciación
a) Anticipo
Which individuals are subject to the Income Tax in Mexico?
A) Only workers who receive a salary.
B) All individuals who earn income, whether from commercial, labor, or professional activities.
C) Only individuals who receive income from the rental of real estate.
B) All individuals who earn income, whether from commercial, labor, or professional activities.
What does the term "Incoterms" refer to in international trade?
a) A set of international trade rules defining responsibilities in shipping.
b) A list of countries that have trade agreements.
c) The taxes imposed on imported goods.
a) A set of international trade rules defining responsibilities in shipping.
Acronym of the law that contains commercial companies
a)CFF
b)LGSM
c)DOF
b)LGSM
Who is the famous King of Rock in the United States?
A) Freddie Mercury
B) Elvis Presley
C)Paul McCartney
B) Elvis Presley
What is the meaning of "Base income" in spanish?
A)Salario diario
B)Salario base
C)Salario integrado
b) Salario base
Which type of income is exempt from Income Tax under the ISR Law?
A) Income from prizes and sweepstakes that do not exceed a certain amount.
B) Income from salaries up to an annual limit.
C) Income obtained from exports of goods and services.
C) Income obtained from exports of goods and services.
Which of the following is an example of a non-tariff barrier?
a) Import quota.
b) Export duty.
c) Sales tax.
a) Import quota.
5.- Regulates the tax obligation for public spending
a)CPEUM
b)CFF
c)LFT
b)CFF
What is the highest grossing movie in history?
A) “Avatar”, by James Cameron.
B) "Avengers: Endgame" by the Russo brothers
C) "Titanic" by James Cameron
A) “Avatar”, by James Cameron.