GST

GST

9th - 10th Grade

16 Qs

quiz-placeholder

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GST

GST

Assessment

Quiz

Business

9th - 10th Grade

Practice Problem

Hard

CCSS
6.RP.A.3B, 6.RP.A.3C

Standards-aligned

Created by

Roanna Niven

Used 319+ times

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16 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Select the GST free items

Milk

Soft drink

Biscuits

Tea

Cheese

2.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Select items that attract GST

Milk

Soft drink

Biscuits

Tea

Cheese

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

GST (tax) credits is classified as;

current asset

current liability

non-current asset

non-current liability

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

GST payables is classified as;

current asset

current liability

non-current asset

non-current liability

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

To register for GST a business needs to earn $_____ in annual sales

$25,000

$50,000

$75,000

$100,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the GST: Purchased a car for $20,000 GST exclusive

$200

$220

$2,000

$2,200

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the GST: Paid Garden Bag service $330 GST inclusive

$3

$30

$33

$300

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