Final quiz

Question 1 of 7

1. Bookkeeping means recording day-to-day business transactions.

   False True
2. The CRA says to keep daily income and expense records.

   False True
3. You should mail your record books to the CRA with every tax return.

   False True
4. A complete purchase receipt includes the date, seller, buyer, and a description.

   True False
5. The usual CRA keeping period described in November 2026 is six years from the end of the related tax year.

   True False
6. This course tells you whether you must register for GST/HST and how much tax you owe.

   True False
7. This course is a bookkeeping licence and personal tax advice.

   False True