Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. This worksheet explains how to work out the GST, as well as 10 GST related questions that need to be worked out including: - W
Capital goods are a fundamental part of every business. Use our worksheet to learn about this long-term asset and its role in producing goods and services. The quiz will require you to define related terms and list different types of capital goods. ...
Once you feel the students have learned what goods are, define “services” as the work people do for others in exchange for money. Explain that some people do beneficial things for others, which they are then paid for. Ask your students for examples of different services; answers may includ...