Chapter 5 Flashcards

1
Q

Pro of delaying payment of VAT

A

Know how much to pay in advance

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Cons of delaying payment of VAT

A

Can end up paying more even if sales decrease

How well did you know this?
1
Not at all
2
3
4
5
Perfectly