If you are not sure about any aspects of this assessment please ask for

If you are not sure about any aspects of this

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If you are not sure about any aspects of this assessment, please ask for clarification from your assessor. Please refer to the College re-assessment for more information ( Student Handbook ). Payroll and Business Activity Statement, Assessment 1, v1.2 Last Updated 16/09/2019 Page 5
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T-1.8.1 Assessment 1: Portfolio of activities Total Marks: 70 Part A: Business Activity Statement (35 Marks)Task 01A (5 marks) - GST Registration, Calculation & Lodgementa)Describe cash accounting and accrual accounting systems and the relevant advantagesand disadvantages of each. (0.50 Marks) b)When would you advise an owner or manager of more than one trading business totrade under a single ABN umbrella? (0.50 Marks) c)From what sources would you gather information about the legislative, regulatory,industry and organisational requirements relating to activity statements and informationto clarify issues that might arise? List at least eight. (0.50 Marks) Page 6
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8.Fair Workd)Where can you find information about legislation related to taxes reported on activitystatements? (0.50 Marks)
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