WGU C237
WGU C237 Pre-Assessment Taxation I (NDC1) (PNDC) Key Questions and
Correct Answers (Verified Answers) | Latest (2026/2027) Updated Version –
Western Governors University
THIS DOCUMENT CONTAINS:
❖WGU C237
❖Pre-Assessment Taxation I (NDC1) (PNDC)
❖Key Questions and Correct Answers (Verified Answers)
❖Western Governors University
❖Latest (2026/2027) Updated Version
❖100% Guaranteed Pass
, Help Articles
PRE-ASSESSMENT: TAXATION I (NDC1) (PNDC)
Attempt #1
Status: Passed
1. What year was the U.S. income tax on individuals permanently established?
YOUR CORRECT
ANSWER ANSWER
1861
1894
1913
1924
2. What is the second-highest level of legislative authority of tax law in the United States?
YOUR CORRECT
ANSWER ANSWER
American Institute of Certified Public Accountants (AICPA)
Journal of Taxation
Revenue procedures
Internal Revenue Code
3. In which publications does the IRS provide information on the tax consequences of specific transactions encountered in practice?
YOUR CORRECT
ANSWER ANSWER
Technical advice memoranda
Information releases
Revenue rulings
Official announcements
4. What is an example of equity when evaluating a tax system?
YOUR CORRECT
ANSWER ANSWER
Each taxpayer can choose the due date for their tax.
Each taxpayer pays a different amount based on their income level.
Individuals have designated amounts withheld from each paycheck.
Individuals may take a standard deduction to reduce record keeping.
5. What is true about horizontal equity?
YOUR CORRECT
ANSWER ANSWER
Taxpayers with a greater ability to pay tax paying more tax
Two taxpayers in similar situations paying the same tax
Taxpayers with a lesser ability to pay tax paying more tax
Horizontal equity does not exist in a federal tax structure.
WGU C237 Pre-Assessment Taxation I (NDC1) (PNDC) Key Questions and
Correct Answers (Verified Answers) | Latest (2026/2027) Updated Version –
Western Governors University
THIS DOCUMENT CONTAINS:
❖WGU C237
❖Pre-Assessment Taxation I (NDC1) (PNDC)
❖Key Questions and Correct Answers (Verified Answers)
❖Western Governors University
❖Latest (2026/2027) Updated Version
❖100% Guaranteed Pass
, Help Articles
PRE-ASSESSMENT: TAXATION I (NDC1) (PNDC)
Attempt #1
Status: Passed
1. What year was the U.S. income tax on individuals permanently established?
YOUR CORRECT
ANSWER ANSWER
1861
1894
1913
1924
2. What is the second-highest level of legislative authority of tax law in the United States?
YOUR CORRECT
ANSWER ANSWER
American Institute of Certified Public Accountants (AICPA)
Journal of Taxation
Revenue procedures
Internal Revenue Code
3. In which publications does the IRS provide information on the tax consequences of specific transactions encountered in practice?
YOUR CORRECT
ANSWER ANSWER
Technical advice memoranda
Information releases
Revenue rulings
Official announcements
4. What is an example of equity when evaluating a tax system?
YOUR CORRECT
ANSWER ANSWER
Each taxpayer can choose the due date for their tax.
Each taxpayer pays a different amount based on their income level.
Individuals have designated amounts withheld from each paycheck.
Individuals may take a standard deduction to reduce record keeping.
5. What is true about horizontal equity?
YOUR CORRECT
ANSWER ANSWER
Taxpayers with a greater ability to pay tax paying more tax
Two taxpayers in similar situations paying the same tax
Taxpayers with a lesser ability to pay tax paying more tax
Horizontal equity does not exist in a federal tax structure.
