Canada revenue agency - Study guides, Class notes & Summaries

CCS Course 2024 with Complete Solutions The CCS Designation is granted by: The Canadian Society of Customs Brokers True or False: A CCS is a licensed customs broker False True or False: A CCS is regulated by the government False True or False: A CCS requires 20 professional development points to maintain the designation True Records must be maintained for a period of at least: 6 years True or False: A written agreement must be made for a customs broker to act of behalf of a c...

What is Accounting? Accounting is the language of business; it is a standard set of rules for measuring a company's financial performance. Assessing a company's financial performance is important for: The firm's officers (managers and employees) Investors Lenders General public Standard financial statements serve as a "yardstick" of communicating financial performance to the general public. Why is Accounting Important? Enables managers to make corporate decisions Enables the g...

TEST BANK Akolisa Ufodike York University Auditing: The Art and Science of Assurance Engagements Fifteenth Canadian Edition Alvin A. Arens Michigan State University Randal J. Elder Syracuse University Mark S. Beasley North Carolina State University Chris E. Hogan Michigan State University Joanne C. Jones York University ISBN: 978-0-13-669229-4 Copyright © 2022 Pearson Canada Inc., Toronto, Ontario. All rights reserved. This work is protected by Canadian copyright laws and ...

CHAPTER Version A I. True or _________ 1. _________ 2. _________ 3. _________ 4. _________ 5. known as suppliers. II. Write down the letter of the answer that best answers the question or completes the statement. _________ 6. The term VFR travel refers to: A. Visiting Friends and Relatives B. Very Frequent Reservations C. Very Favorable Restrictions D. Trick question: VFR refers to nothing _________ 7. Which of the following is not a sector of the travel industry? A. Corporate t...

CERTIFIED CUSTOMS SPECIALIST COURSE 2023 LESSON 1A CCS IS NOT (2 ANSWERS) - correct answer A LICENSED CUSTOMS BROKER OR REGULATED BY THE GOVERNMENT CCS - correct answer CERTIFIED CUSTOMS SPECIALIST CSCB - correct answer CANADIAN SOCIETY OF CUSTOMS BROKERS GAA - correct answer GENERAL AGENCY AGREEMENT STC - correct answer STANDARD TRADING CONDITIONS ACCOUNT IDENTIFIER: RC - correct answer CORPORATE INCOME TAX ACCOUNT IDENTIFIER: RM - correct answer IMPORT/EXPORT ACCOUN...

Accounting Crash Course V4 Wall Street Exam Prep Questions with complete Answers Latest Updated 2024/2025 | Scored A+. What is Accounting?: Accounting is the language of business; it is a standard set of rules for measuring a company's financial performance. Assessing a company's financial performance is important for: The firm's officers (managers and employees) Investors Lenders General public Standard financial statements serve as a "yardstick" of communicating financial performa...

Registered Pension Plan - Answer- refers to an arrangement offered by an employer or union to provide retirement benefits to plan members in the form of periodic payments during retirement. Defined benefit (DB) pension plan - Answer- refers to a registered pension plan that provides benefits based on the plan member's years of service and earnings. Defined contribution (DC) pension plan - Answer- refers to a registered pension plan that provides benefits based on the amount accumulated in...

CCS Course 2023 Questions and Answers Graded A The CCS Designation is granted by: The Canadian Society of Customs Brokers True or False: A CCS is a licensed customs broker False True or False: A CCS is regulated by the government False True or False: A CCS requires 20 professional development points to maintain the designation True Records must be maintained for a period of at least: 6 years True or False: A written agreement must be made for a customs broker to act of behalf of a client T...

ACCOUNTING 234 Core 1 Quiz 8 Questions with verified Answers 2024 1. A personal income tax client of your firm has decided to set up a small busi- ness selling semi-precious gemstones, beads, and jewelry-making supplies. The estimated sales for the first year of operations are $25,000. Therefore, the business does not have to collect and remit GST to the Canada Revenue Agency (CRA). What is the advantage to the client of registering for a GST account before the store's annual sales reach $30...

5. _________________________, or any person designated by _____________ may issue a licence to transact business as a customs broker to anyone qualified in accordance with the Customs Brokers Licensing Regulations. a. The Canada Border Services Agency; the Canada Border Services Agency b. The Minister of Public Safety; the Minister c. The Department of Finance Canada; Finance Canada d. The Canada Revenue Agency; the Canada Revenue Agency e. Industry Canada; Industry Canada - correct answer...