Which Statement About Sales Taxes Is Correct

question 23

Multiple Choice

Which statement about sales taxes is correct?

• A)Businesses can recover the PST paid on all of their purchases.
• B)Goods purchased for resale are exempt from PST.
• C)Businesses remit only the GST collected on sales transactions.
• D)The same products that are exempt from HST are exempt from PST.

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Definitions:

Menopause

The transition period in a woman's life marking the end of her reproductive years, characterized by the cessation of menstruation.

Osteoporosis

A bone disease characterized by decreased density and strength of the bones, leading to an increased risk of fractures.

Brittle

Referring to a physical property where a material is hard but easily broken or cracked.

Perimenopause

The transitional period leading up to menopause, during which a woman may experience changes in her menstrual cycle, symptoms of hormonal fluctuation, and the end of her reproductive years.