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Question content area top Part 1 With respect to the Quick Method of accounting for GST / HST , which of the following statements is
Question content area top
Part
With respect to the Quick Method of accounting for GSTHST which of the following statements is correct?
Question content area bottom
Part
A
The rates registrants used to charge GSTHST to customers under the Quick Method depend on whether they are a business that purchase goods for resale or are service providers.
B
Capital expenditures are not tracked separately for purposes of determining ITCs.
C
Current expenditures are not tracked separately for purposes of determining ITCs.
D
Registrants involved in legal, accounting, and engineering businesses are not eligible to use the Quick Method.
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