HST Accounting Test questions well
answered graded A+ passed
HST - correct answer ✔✔Harmonized Sales Tax (13%)
GST - correct answer ✔✔Goods and Services Tax, Federal Government 5%
PST - correct answer ✔✔Provincial Government, 8%
When do people have to register for HST? - correct answer ✔✔When people spend
$30,000+/year
CRA - correct answer ✔✔Canada Revenue Agency
Examples of Goods and Services that HST has added on them - correct answer ✔✔- adult
clothing
- home services
- shoes
- vehicles
- electronics
What price do you have to exceed on fast food to pay HST - correct answer ✔✔$4.00
Examples of Goods and Services that have only 5% GST added - correct answer ✔✔- child car
seats
- diapers
answered graded A+ passed
HST - correct answer ✔✔Harmonized Sales Tax (13%)
GST - correct answer ✔✔Goods and Services Tax, Federal Government 5%
PST - correct answer ✔✔Provincial Government, 8%
When do people have to register for HST? - correct answer ✔✔When people spend
$30,000+/year
CRA - correct answer ✔✔Canada Revenue Agency
Examples of Goods and Services that HST has added on them - correct answer ✔✔- adult
clothing
- home services
- shoes
- vehicles
- electronics
What price do you have to exceed on fast food to pay HST - correct answer ✔✔$4.00
Examples of Goods and Services that have only 5% GST added - correct answer ✔✔- child car
seats
- diapers
