Unit 2 Business Management - Legal Requirements - 4.2

Domain name means

• the name of your business

• the name you give to the Tax Department

• creating an online presence

When meeting legal requirements there is only 1 level of Government involved

• true

• false

ASIC stands for

• Australian security insurance commission

• Australian secured investment commission

• Australian securities investment commission

The cost of registering a Domain name per year ranges from

• $1000 - $2000

• it is free

• $2000 - $3000

• $10 - $1000

ATO stands for

• Australia Tax Office

• Australia's Taxation Office

• Australian Tax Office

• Australian Taxation Office

Progressive tax is

• the lower the income the higher amount of tax paid

• tax stays the same regardless of income

• the higher the income the higher the amount of tax paid

PAGY, FBT and GST are all

• local taxes

• state taxes

• federal taxes

CCA stands for

• Consumer and Competition Act

• Competition and Consumer Act

• Competitor and Consumer Act

The Work Health and Safety Act 2011

• is a state act

• is a commonwealth act

What does ABN stand for?

• Australian Business Number

• Australian Banking Number

• Australian Business Name