A Customer Paid a Total of $8,960 for a Purchase

question 80

Multiple Choice

A customer paid a total of $8,960 for a purchase, including 13% HST (Harmonized Sales Tax) .How much was the HST?

• A)$8,960
• B)$8,000
• C)$1,075
• D)$1,031

Recognize the treatment of non-cash transactions and significant transactions not affecting cash.

Grasp the calculation and interpretation of cash flow ratios.

Appreciate the relevance of timing and amounts in cash flow analysis.

Understand the principles of effective communication in routine action requests and the significance of specificity and clarity.

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Definitions:

Practice

Practice refers to the act of performing an activity or exercise regularly to improve skill and proficiency.

Technique

A specialized method or way of performing an activity, often requiring skill or knowledge.

Field

A specific area of study or professional practice.

Legal Strategies

Methods and approaches used by lawyers and legal professionals to navigate the legal system, often to achieve a specific outcome.