Provincial Sales Taxes -

question 14

Multiple Choice

Provincial sales taxes -

• A)apply at the same rate in all provinces and territories in Canada
• B)are always calculated on the sales amount before any other taxes are added
• C)on purchases that are treated as business expenses
• D)increase revenue for a business by the amount of the tax collected from customers

---

Definitions:

Smartphones

Handheld electronic devices that integrate a mobile phone with advanced features such as internet access, a powerful processor, and a sophisticated operating system.

Hourly Rate

Refers to the amount of money paid for each hour of work.

Compensation

Payment or benefits given to employees, contractors, or other stakeholders in exchange for their services or to cover specific expenses.

Data Driven

Decision-making processes, strategies, or approaches that prioritize and utilize data analysis and evidence over intuition or personal experience.