Friday Quiz - 29/6/18
5 Questions
| Attempts: 53
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Questions and Answers
- 1.
In Arthurian legend, Excalibur is a:
- A.
Horse
- B.
King
- C.
Lake
- D.
Sword
Correct Answer
D. Sword -
- 2.
The sousaphone is a marching-band version of the:
- A.
Trombone
- B.
Saxaphone
- C.
Tuba
- D.
Xylophone
Correct Answer
C. TubaExplanation
The Sousaphone was was designed in 1893 to be easier to play than the concert tuba while standing or marching, as well as to carry the sound of the instrument above the heads of the band. Unlike the tuba, the instrument is bent in a circle to fit around the body of the musician; it ends in a large, flaring bell that is pointed forward, projecting the sound ahead of the player.Rate this question:
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- 3.
When can Anchor reclaim VAT that we pay on purchases?
- A.
Always
- B.
Never
- C.
When the purchase is made for the purposes of making a taxable supply
- D.
When the purchase is made for a charitable purpose
Correct Answer
C. When the purchase is made for the purposes of making a taxable supplyExplanation
The VAT rules here work the same for Anchor as for any other business that is registered for VAT. If the purchase is going directly into making a taxable supply (i.e. one that is subject to VAT at either 20%, 5% or 0%, rather than one that is exempt) then the VAT that we paid on that purchase can be reclaimed from HMRC. However, as the majority of the services that Anchor offers are exempt from VAT (care services and rental income are both exempt) then only a small percentage of the VAT on our purchases is reclaimable.Rate this question:
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- 4.
What is a fifth divided by a tenth?
- A.
A fiftieth
- B.
One half
- C.
Two
- D.
Twenty
Correct Answer
C. Two -
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Mar 19, 2022Quiz Edited by
ProProfs Editorial Team -
Jun 27, 2018Quiz Created by
Karen Reddy
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