If the Invoice Price for Services Rendered to a Client

question 62

Multiple Choice

If the invoice price for services rendered to a client is $4246, including GST, how much GST is to be collected from the client?

• A) $424.60
• B) $467.06
• C) $386.00
• D) Nil

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Definitions:

Cystic Fibrosis

A genetic disorder affecting the lungs and digestive system, characterized by thick, sticky mucus that can lead to severe respiratory and digestive problems.

Tay-Sachs Disease

A genetic disorder characterized by the absence of a specific enzyme, resulting in the accumulation of fats in nerve cells, leading to death in early childhood.

Hemophilia A

A genetic disorder caused by missing or defective Factor VIII, a clotting protein, leading to prolonged bleeding after injury.

Hemoglobin Molecules

Oxygen-carrying proteins located in red blood cells, consisting of four subunits, each containing an iron atom that binds oxygen, allowing blood to transport oxygen throughout the body.