AVHBIZ by rightchoice@iprimus.com.au | Apr 4, 2016 Welcome to your Bookkeeping/Technology Quiz. Thank you in advance for your participation in this quiz. We encourage you to not rush through the questions. Please take your time to ensure your answer is considered. This quiz may only be taken once. To complete this quiz: Please ensure that you are in a distraction free environment for the duration of this quiz The use of technology is encouraged for the completion of the questions. Note there is a 45 minute time-limit to complete all questions Ensure you click on "submit quiz" at the end to stop the timer Answers may not be changed once you have gone to the next question If you have any queries regarding this quiz, please contact Vianne at vianne@avhbiz.com.au Good luck! Name Email Phone Number 1. Working in quarter hour increments, work out how many hours Jenny has worked for a week: **Note: 15 minutes = 0.25 30 minutes = 0.50 45 minutes = 0.75 60 minutes = 1.00 Monday - 5 hours 30 minutes Tuesday - 3 hours 45 minutes Wednesday - 6 hours 30 minutes (less 45 minute unpaid lunch) Thursday - 3 hours Friday - 4 hours 45 minutes 22.5 Hours 22.25 Hours 22.75 Hours 23 Hours None 2. We receive a receipt from council that only includes some of the below items. Which fees below make up the total of $1827.51 that shows on the receipt? A $981.23 B $23.99 C $568.68 D $491.52 E $102.00 F $982.84 G $151.61 ACDEG ABCEG BCDFG None What is the difference between Cash and Accrual accounting? Comment 3. An employee has requested that $50 per week of their pay be salary sacrificed to their superannuation. In the Payroll set up - do you calculate this $50 to be added to their SGC contributions or deducted pre-tax or post tax? Pre-tax Post-tax Neither - this is employer additional superannuation None 4. You have received an invoice from a supplier for $12,500 inclusive of GST. What of the below items must be shown on the invoice? Suppliers ABN Date of Invoice Due date of payment GST amount Buyers Business Name or ABN Suppliers Bank Account details Description of items sold 5. You are employed as a bookkeeper for a BAS registered company and assist many of the company's clients with the data entry of invoices. You come across an invoice with no ABN. The client advises you the company is legitimate and to claim the GST. Can you accept this advice from the client? Yes No Yes - as long as you get it in writing from the owner None Be sure to click Submit Quiz to stop the timer! Time's upTime is Up!
