Businesses That Are Allowed to Use the Quick Method for Applying

question 10

Multiple Choice

Businesses that are allowed to use the Quick Method for applying GST/HST include -

• A)banks and other financial institutions
• B)any business with annual sales less than $500 000
• C)some small businesses
• D)all businesses may use the Quick Method

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Definitions:

Objectivity

The quality of being unbiased, unprejudiced, or neutral in judgment or consideration.

Advances

Progress or development in various fields or aspects, such as technology, science, medicine, or social practices, contributing to overall improvement or innovation.

Indo-European

Indo-European refers to a large family of related languages spread across Europe and Asia, believed to be derived from a common ancestral language spoken thousands of years ago.

Oceanic

Pertaining to the ocean; involving or situated in the ocean.