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Unit 2 Business Management - Legal and Government regulations

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

How many levels of Government are there in Australia?

a)

4

b)

2

c)

1

d)

3

2.

ABN in Australia stands for ....

a)

Australian Business Nation

b)

Australia Business Number

c)

Australian Business Number

d)

Australian Business Nation

3.

A business name in Australia must be registered with ...

a)

ACIS

b)

ASIC

c)

AISC

d)

ACSI

4.

Laws relating to Building permits are issues by

a)

Federal Government

b)

International Government

c)

State Government

d)

Local Government

5.

The official who inspects premises on a regular basis to ensure Health standards are being met is .....

a)

an auditor

b)

a bank inspector

c)

a OHS inspector

d)

a Health inspector

6.

Unfair dismissal is covered under

a)

Health regulations

b)

Employment regulations

c)

Location regulations

d)

Taxation regualtions

7.

BAS stands for

a)

Business actual statement

b)

Business activitiy statement

c)

Business agreement statement

d)

Business activities statement

8.

PAYG stands for

a)

Pay as you get

b)

Payable as you go

c)

Pending as you go

d)

Pay as you go

9.

Noise emissions by a business are covered under

a)

taxation laws

b)

location laws

c)

employment laws

d)

environmental protection laws

10.

Trade practices and consumer protection issues are covered under which Act

a)

Competition and Consumer Act 2010

b)

Consumer and Competition Act 2010

c)

Consumer Law and Protection Act 2010

d)

Competition and Consumer Law Act 2010

11.

GST stands for

a)

Goods and Services Tax

b)

General Sales Tax

c)

Government Sales Tax

d)

Goods and Supply Tax

12.

Which body regulates financial services in Australia?

a)

APRA

b)

ASIC

c)

ATO

d)

RBA

13.

Which of the following is a requirement for starting a business in Australia?

a)

Registering for an ABN

b)

Obtaining a driver's license

c)

Registering to vote

d)

Getting a passport