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TEACHER NOTES: DESIGN AN AD COMPETITION Term 12, 201712TERM 1: TERM 2:ORDER BY MARCH 15 ORDER BY MAY 17(program starts March 20) (program starts May 22) 3CONTENTS CONTENTS.......................................................................................................................................................................

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What is term 1?

Term 1 is a quarterly report that must be filed by certain businesses to report their financial information.

Who is required to file term 1?

Businesses that meet certain criteria set by the tax authorities are required to file term 1.

How to fill out term 1?

Term 1 can be filled out online on the tax authorities' website or manually by submitting the required forms.

What is the purpose of term 1?

The purpose of term 1 is to provide the tax authorities with accurate financial information from businesses.

What information must be reported on term 1?

Businesses must report their income, expenses, profits, losses, and other financial information on term 1.