GST
Quiz
•
Business
•
9th - 10th Grade
•
Practice Problem
•
Hard
Standards-aligned
Roanna Niven
Used 319+ times
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16 questions
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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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