MFR Module 3 Quiz
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An report on insolvency in the Australian construction industry by the Senate Economics References Committee found that, over the past decade, the construction industry has accounted for:CorrectIncorrect
Read the report here
There are no equivalent comprehensive requirements in other states like the MFRCorrectIncorrect
Mistakes and mishaps occur at any stage of compliance with your reporting obligationsCorrectIncorrect
Which of the following is incorrect?CorrectIncorrect
The greatest mishap, setback or adversity that a contractor in the construction industry can experience is their business succumbing to some form of insolvencyCorrectIncorrect
High rates of insolvency in the construction industry have only become a major issue in recent yearsCorrectIncorrect
Businesses operating in the construction industry are at a higher risk than any other single industry of either entering into insolvency themselves or becoming a victim of insolvency further up the contracting chainCorrectIncorrect
Read the Senate Economics References Committee Inquiry into Insolvency in the Australian Construction Industry here.