If a Company Has a GST Recoverable Amount of

question 82

Multiple Choice

If a company has a GST Recoverable amount of $ 5,600 and a GST Payable amount of $ 5,000 at the end of the quarter, what should they do?

• A) Delay filing their quarterly return until the next quarter when additional GST payable amounts are expected to offset the recoverable amount.
• B) File the quarterly return and request a refund of $ 600.
• C) Pay the amount of GST payable of $ 5,000.
• D) Pay the amount of GST payable of $ 5,000 and request a refund of $ 5,600.

Recognize the significance of disability income insurance and its provisions.

Comprehend the structure and benefits of Medicare including different parts (A, B, C, D).

Identify the role and operation of Medicaid in the U.S. healthcare system.

Analyze the importance of choosing appropriate health insurance plans based on individual or family needs.

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Definitions:

Athletic Ability

The physical skills and competencies that contribute to proficiency in sports and physical activities.

Academic Ability

The capacity to perform cognitive tasks and understand concepts related to educational learning and achievement.

Attitude

A settled way of thinking or feeling about something, which is often reflected in a person's behavior.

Gender Roles

The social and cultural expectations associated with being male or female, influencing behavior, activities, and perceptions in various societal contexts.