A Product Sells in the First Stage of Production for EUR600,the

question 5

Multiple Choice

A product sells in the first stage of production for EUR600,the second stage of production for EUR 1,400 and the third stage of production for EUR 1,700.If the value-added tax (VAT) rate is 15%,what would be the total VAT?

• A) EUR 90.
• B) EUR120.
• C) EUR210.
• D) EUR255.

---

Definitions:

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Suprachiasmatic Nucleus

A small region of the brain in the hypothalamus responsible for controlling circadian rhythms.

Pineal Gland

A small endocrine gland in the brain that produces melatonin, a hormone that regulates sleep patterns.

Pituitary Gland

A small, pea-sized gland located at the base of the brain, crucial for regulating vital bodily functions and the endocrine system by releasing various hormones.