Which of the Following Legal Requirements Is Not a Prerequisite

question 33

Multiple Choice

Which of the following legal requirements is not a prerequisite for the collection of GST from a business?

• A)A business must register for GST.
• B)A business must withhold PAYG instalments of 10%.
• C)A business must have an Australian Business Number or 'ABN'.
• D)A business must lodge activity statements with the ATO.

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Definitions:

Personality Traits

Enduring characteristics that describe an individual's typical patterns of behavior, thought, and emotional response.

Adults

Individuals who have reached a mature stage of development in human growth, typically marked by full physical growth and legal age of majority.

Children

Children are young human beings who are in the early stages of their life, typically considered to be from birth to the onset of puberty.

Adolescents

Individuals in the transitional stage of human development that occurs between childhood and adulthood, typically ranging from ages 13 to 19.