Gr 11 Math Lit: June Easy P(1)
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Questions and Answers

What is the formula for calculating Net Pay?

  • Net Pay = Gross Salary + Total Deductions
  • Net Pay = Gross Salary - Total Deductions (correct)
  • Net Pay = Total Deductions - Gross Salary
  • Net Pay = Gross Salary / Total Deductions

What is the purpose of creating a budget?

  • To calculate gross income only
  • To allocate income to cover expenses, savings, and investments (correct)
  • To track expenses only
  • To determine tax rates

What is Unearned Income?

  • Income received from government transfers
  • Income received from working
  • Income received from sources other than employment (correct)
  • Income received from investments

What is the purpose of identifying all sources of income?

<p>To determine net income (A)</p> Signup and view all the answers

What is the difference between Gross Income and Net Income?

<p>Gross Income is before deductions, Net Income is after deductions (B)</p> Signup and view all the answers

What is Savings?

<p>Setting aside a portion of income for future use or emergencies (C)</p> Signup and view all the answers

What is the purpose of income tax?

<p>To redistribute wealth and fund public goods and services (A)</p> Signup and view all the answers

What is the benefit of having multiple sources of income?

<p>It reduces risk (B)</p> Signup and view all the answers

What is the purpose of filing taxes?

<p>To declare income to the tax authorities and calculate the amount of tax owed or the refund due (C)</p> Signup and view all the answers

What is Net Salary Determination?

<p>Subtracting total deductions from gross salary (A)</p> Signup and view all the answers

What is the basic salary of an employee?

<p>The employee's salary excluding any additional income or deductions (D)</p> Signup and view all the answers

What is the purpose of a quotation?

<p>To provide a guideline of all the costs that a customer will have to pay (A)</p> Signup and view all the answers

What is the total deductions calculated by?

<p>Adding the sum of all deduction values (C)</p> Signup and view all the answers

What is the net pay of an employee?

<p>The difference between the gross salary and the total deductions (A)</p> Signup and view all the answers

What is the purpose of an invoice?

<p>To provide a summary of all the costs that a customer must pay (A)</p> Signup and view all the answers

What is the gross salary calculated by?

<p>Adding the basic salary to the additional incomes (D)</p> Signup and view all the answers

What is the purpose of a receipt?

<p>To provide proof that a customer has paid for an item/service (C)</p> Signup and view all the answers

What is the taxable income of an employee?

<p>The portion of an employee's salary on which tax is calculated (A)</p> Signup and view all the answers

What is the percentage of an employee's gross salary that must be deducted for UIF?

<p>1% (C)</p> Signup and view all the answers

What is the total contribution to UIF from both the employee and employer?

<p>2% × gross salary (C)</p> Signup and view all the answers

What is the maximum UIF deduction that can be made from an employee's salary?

<p>R124.78 (D)</p> Signup and view all the answers

What is an exchange rate used for?

<p>Comparing the value of different currencies (A)</p> Signup and view all the answers

What is the formula to calculate the converted amount of currency?

<p>Converted amount = Foreign currency amount × Exchange rate (D)</p> Signup and view all the answers

What determines the strength of a currency in relation to another currency?

<p>The exchange rate (D)</p> Signup and view all the answers

What is the purpose of estimating currency conversions?

<p>To get a general idea of the exchanged amount (D)</p> Signup and view all the answers

What is the salary ceiling for calculating UIF?

<p>R12,478.00 per month (D)</p> Signup and view all the answers

Who contributes to UIF?

<p>Both the employee and employer (C)</p> Signup and view all the answers

What is the purpose of UIF?

<p>To provide income protection (B)</p> Signup and view all the answers

What is the main purpose of a budget?

<p>To plan the future finances of an event, business, or organization (C)</p> Signup and view all the answers

What is the difference between a budget and a statement of income-and-expenditure?

<p>A budget is used to plan finances, while a statement of income-and-expenditure is used to track actual income and expenditure (B)</p> Signup and view all the answers

What is the formula for calculating total expenditure?

<p>Total Expenditure = ∑ All Expense Items (B)</p> Signup and view all the answers

What is the purpose of UIF?

<p>To provide financial support to employees who lose their jobs (B)</p> Signup and view all the answers

What is the formula for calculating net income?

<p>Net Income = Total Income - Total Expenditure (D)</p> Signup and view all the answers

What is the purpose of setting financial goals?

<p>To create a plan to achieve financial goals by saving and investing a portion of the income (B)</p> Signup and view all the answers

Why is it important to regularly review income and expenses?

<p>To adjust the budget as necessary to accommodate changes in income or expenses (B)</p> Signup and view all the answers

What is the formula for calculating the difference between predicted and actual values?

<p>Difference = Predicted Value - Actual Value (B)</p> Signup and view all the answers

What is the formula for calculating the percentage change?

<p>Percentage Change = (Actual Value - Previous Value) / Previous Value × 100% (C)</p> Signup and view all the answers

What is the purpose of a statement of income-and-expenditure?

<p>To describe the current finances of an event, business, or organization (C)</p> Signup and view all the answers

What is the primary purpose of a budget?

<p>To plan and predict future finances (C)</p> Signup and view all the answers

What is the difference between a budget and a statement of income-and-expenditure?

<p>A budget predicts future finances, while a statement of income-and-expenditure shows actual finances (B)</p> Signup and view all the answers

What is the formula for calculating total expenditure?

<p>Total Expenditure = ∑ All Expense Items (D)</p> Signup and view all the answers

What is the purpose of monitoring and adjusting a budget?

<p>To ensure that the budget is being followed (A)</p> Signup and view all the answers

What is the purpose of calculating the difference between predicted and actual values?

<p>To understand how the expenditure has changed over time (B)</p> Signup and view all the answers

What is the formula for calculating the percentage change in expenditure?

<p>Percentage Change = (Actual Value - Previous Value) / Previous Value (A)</p> Signup and view all the answers

What is the purpose of UIF?

<p>To provide financial support to employees who lose their jobs (B)</p> Signup and view all the answers

What is the formula for calculating an employee's contribution to UIF?

<p>Employee's contribution = 1% × gross salary (C)</p> Signup and view all the answers

What is the employer's contribution to UIF?

<p>1% of the employee's gross salary (D)</p> Signup and view all the answers

What is the purpose of comparing income and expenditure over time?

<p>To understand how the expenditure has changed over time (C)</p> Signup and view all the answers

What is the main characteristic of a weak currency?

<p>One unit of that currency exchanges for less than one unit of another currency. (B)</p> Signup and view all the answers

What is the purpose of a water tariff system?

<p>To charge different rates for different portions of water used. (D)</p> Signup and view all the answers

What is the graphical representation of a tariff system?

<p>A step-function graph. (A)</p> Signup and view all the answers

How do you determine the break-even point of two tariff systems?

<p>By finding the point at which the costs of two tariff systems are equal. (D)</p> Signup and view all the answers

What is the formula for calculating the monthly cost of a prepaid electricity tariff system?

<p>Monthly Cost = Rate per Unit x Units Used (A)</p> Signup and view all the answers

What does a flat line section in a graph represent?

<p>A period where the cost does not change. (B)</p> Signup and view all the answers

What is the formula for calculating the percentage increase?

<p>Percentage Increase = (New Value - Old Value) / Old Value (A)</p> Signup and view all the answers

What is the first step in comparing two options?

<p>Clearly define the two options that need to be compared. (A)</p> Signup and view all the answers

What is the purpose of a cost analysis?

<p>To calculate the total cost associated with each option. (D)</p> Signup and view all the answers

What is the purpose of a risk assessment?

<p>To evaluate the potential risks associated with each option. (B)</p> Signup and view all the answers

What is the first step in determining gross salary?

<p>Identify the basic salary and any additional incomes (A)</p> Signup and view all the answers

What is the purpose of a payslip?

<p>To summarize the gross salary, total deductions, and net pay (C)</p> Signup and view all the answers

What is the term for income received from sources other than employment?

<p>Unearned Income (C)</p> Signup and view all the answers

What is the result of subtracting total deductions from gross salary?

<p>Net Income (B)</p> Signup and view all the answers

What is the purpose of identifying all sources of income?

<p>To determine the gross income (A)</p> Signup and view all the answers

What is the first step in comparing two options?

<p>Define the Options (B)</p> Signup and view all the answers

What is the term for payments made by the government to individuals?

<p>Government Transfers (B)</p> Signup and view all the answers

What is the purpose of using mathematical tools in option comparison?

<p>To organize data and calculate key metrics (B)</p> Signup and view all the answers

What is the purpose of budgeting?

<p>To allocate income to cover expenses, savings, and investments (C)</p> Signup and view all the answers

What is the final step in comparing two options?

<p>Document and Present (D)</p> Signup and view all the answers

What is the result of subtracting total deductions from gross income?

<p>Net Income (A)</p> Signup and view all the answers

What is the purpose of income tax?

<p>To recognize the role of income tax in personal finance (D)</p> Signup and view all the answers

What is the purpose of identifying and quantifying benefits in option comparison?

<p>To identify and quantify the benefits of each option (A)</p> Signup and view all the answers

What is the term for setting aside a portion of income for future use or emergencies?

<p>Savings (C)</p> Signup and view all the answers

What is the purpose of establishing criteria in option comparison?

<p>To cover all important aspects of the decision (D)</p> Signup and view all the answers

Why are visual aids used in presenting the findings of an option comparison?

<p>To support the analysis and communicate the decision effectively (B)</p> Signup and view all the answers

What is the primary purpose of using mathematical tools and techniques in financial decision-making?

<p>To visualize and organize data to make an informed decision (B)</p> Signup and view all the answers

What is the main goal of establishing criteria in financial decision-making?

<p>To cover all important aspects of the decision (C)</p> Signup and view all the answers

What is the purpose of analyzing benefits in financial decision-making?

<p>To identify and quantify the benefits of an option (A)</p> Signup and view all the answers

What is the difference between Gross Salary and Basic Salary?

<p>Gross Salary is the total income, while Basic Salary is the salary excluding additional income (A)</p> Signup and view all the answers

What is the purpose of a quotation in financial transactions?

<p>To provide a guideline of costs before buying (A)</p> Signup and view all the answers

What is the primary purpose of documenting the comparison process in financial decision-making?

<p>To record the comparison process and rationales for the decision (B)</p> Signup and view all the answers

What is the purpose of assessing risks in financial decision-making?

<p>To evaluate the potential risks of an option (C)</p> Signup and view all the answers

What is the purpose of calculating the cost-benefit ratio in financial decision-making?

<p>To compare the costs and benefits of an option (B)</p> Signup and view all the answers

What is the purpose of a receipt in financial transactions?

<p>To provide proof of payment and a summary of costs (B)</p> Signup and view all the answers

What is the purpose of analyzing costs in financial decision-making?

<p>To calculate the total cost of an option (C)</p> Signup and view all the answers

What is the employer's contribution to UIF based on?

<p>Gross salary (A)</p> Signup and view all the answers

What is the total contribution to UIF from both the employee and employer?

<p>2% of gross salary (C)</p> Signup and view all the answers

What is the maximum UIF deduction that can be made from an employee's salary?

<p>R124.78 (C)</p> Signup and view all the answers

What is the purpose of exchange rates?

<p>To show the comparison of the value of one currency in relation to another (C)</p> Signup and view all the answers

What is the formula for estimating currency conversions?

<p>Converted amount = Foreign currency amount x Exchange rate (B)</p> Signup and view all the answers

What determines the strength of a currency in relation to another currency?

<p>The exchange rate (B)</p> Signup and view all the answers

What is the buying power of a currency?

<p>The amount of goods or services that can be purchased (D)</p> Signup and view all the answers

What type of tariff system is the water tariff system?

<p>Incremental tariff system (B)</p> Signup and view all the answers

What is the salary ceiling for calculating UIF?

<p>R12,478.00 per month (D)</p> Signup and view all the answers

What happens to the UIF contribution when the salary exceeds the ceiling?

<p>The UIF contribution is capped at the maximum amount (C)</p> Signup and view all the answers

What is the purpose of a step-function graph in tariff systems?

<p>To illustrate the incremental increase in cost (A)</p> Signup and view all the answers

What is the formula for calculating the monthly cost in a prepaid system?

<p>Monthly Cost = Rate per Unit × Units Used (D)</p> Signup and view all the answers

What does a flat line section on a graph represent in a tariff system?

<p>A period where the cost does not change (C)</p> Signup and view all the answers

What is the purpose of break-even analysis in tariff systems?

<p>To find the point at which the costs of two tariff systems are equal (A)</p> Signup and view all the answers

What is the formula for calculating the percentage increase?

<p>Percentage Increase = (New Value - Old Value) / Old Value (D)</p> Signup and view all the answers

What is the first step in comparing two options?

<p>Gather detailed information about each option (D)</p> Signup and view all the answers

What is the purpose of cost analysis in comparing two options?

<p>To calculate the total cost associated with each option (A)</p> Signup and view all the answers

What is the purpose of risk assessment in comparing two options?

<p>To evaluate the potential risks associated with each option (B)</p> Signup and view all the answers

What is the purpose of using mathematical tools and techniques in comparing two options?

<p>To organize and visualize the data (A)</p> Signup and view all the answers

What is the final step in comparing two options?

<p>Make an informed decision about which option is more advantageous (B)</p> Signup and view all the answers

What is the purpose of determining the total deductions?

<p>To determine the net pay (B)</p> Signup and view all the answers

What is included in the calculation of gross income?

<p>Earned and unearned income (B)</p> Signup and view all the answers

What is the purpose of creating a budget?

<p>To allocate income to cover expenses, savings, and investments (A)</p> Signup and view all the answers

What is the main reason for identifying all sources of income?

<p>To ensure accurate financial planning and budgeting (D)</p> Signup and view all the answers

What is the purpose of income tax?

<p>To generate revenue for the government (D)</p> Signup and view all the answers

What is included in the calculation of net income?

<p>Gross income and total deductions (B)</p> Signup and view all the answers

Why is it important to diversify income sources?

<p>To ensure financial stability and reduce risk (B)</p> Signup and view all the answers

What is the purpose of subtracting total deductions from gross income?

<p>To determine the net pay (D)</p> Signup and view all the answers

What is the benefit of short-term financial goal setting?

<p>To achieve specific financial goals (D)</p> Signup and view all the answers

Why is it important to regularly review income and expenses?

<p>To ensure accurate financial planning and budgeting (A)</p> Signup and view all the answers

What is the difference between Gross Salary and Basic Salary?

<p>Gross Salary is the total of all the income sources of the employee. (D)</p> Signup and view all the answers

What is the purpose of a Quotation?

<p>To provide a guideline of all the costs that a customer will have to pay if they choose to buy an item/service. (B)</p> Signup and view all the answers

What is Taxable Income?

<p>The portion of an employee's salary on which tax is calculated. (D)</p> Signup and view all the answers

What is the formula for calculating Total Deductions?

<p>Total Deductions = Sum of All Deduction Values (B)</p> Signup and view all the answers

What is the difference between an Invoice and a Receipt?

<p>An Invoice provides a summary of all the costs that a customer must now pay, while a Receipt provides proof that a customer has paid for an item/service. (A)</p> Signup and view all the answers

What is Net Pay?

<p>The difference between the gross salary and the total deductions. (C)</p> Signup and view all the answers

What are Deductions?

<p>Items such as Medical Aid and Pension for which a payment is required from the employee. (A)</p> Signup and view all the answers

What is the purpose of understanding financial documents?

<p>To learn and understand the different terms used in financial documents. (A)</p> Signup and view all the answers

What is the primary purpose of a budget?

<p>To plan the future finances of an event, business, or organization (A)</p> Signup and view all the answers

What is the purpose of a statement of income-and-expenditure?

<p>To describe the current finances of an event, business, or organization (D)</p> Signup and view all the answers

What is the formula for calculating net income?

<p>Total Income - Total Expenditure (A)</p> Signup and view all the answers

Why is it important to regularly review income and expenses?

<p>To adjust the budget as necessary to accommodate changes in income or expenses (D)</p> Signup and view all the answers

What is the purpose of setting financial goals?

<p>To create a plan to achieve short-term and long-term financial goals (C)</p> Signup and view all the answers

What is the formula for calculating total expenditure?

<p>Sum of all expense items (D)</p> Signup and view all the answers

What is the purpose of UIF?

<p>To provide financial support to employees who lose their jobs (C)</p> Signup and view all the answers

What is the formula for calculating the percentage change?

<p>((Actual Value - Previous Value) / Previous Value) × 100% (B)</p> Signup and view all the answers

What is the purpose of comparing income and expenditure over time?

<p>To understand how the income and expenditure have changed and whether there has been an improvement or decline in the performance of the business (A)</p> Signup and view all the answers

What is the difference between a budget and a statement of income-and-expenditure?

<p>A budget shows predicted income and expenditure, while a statement of income-and-expenditure shows actual income and expenditure (B)</p> Signup and view all the answers

What is the formula for calculating an employee's contribution to UIF?

<p>1% × gross salary (B)</p> Signup and view all the answers

What is the total contribution to UIF from both the employee and employer?

<p>2% × gross salary (D)</p> Signup and view all the answers

What is the maximum UIF deduction that can be made from an employee's salary?

<p>R124.78 (A)</p> Signup and view all the answers

What is the purpose of an exchange rate?

<p>To compare the value of different currencies (A)</p> Signup and view all the answers

What is the formula for calculating the converted amount of currency?

<p>Foreign currency amount × Exchange rate (D)</p> Signup and view all the answers

What determines the strength of a currency in relation to another currency?

<p>The exchange rate (C)</p> Signup and view all the answers

What is the salary ceiling for calculating UIF?

<p>R12,478.00 per month (C)</p> Signup and view all the answers

Who contributes to UIF?

<p>Both the employee and employer (D)</p> Signup and view all the answers

What is the purpose of estimating currency conversions?

<p>To get an approximate amount of currency (D)</p> Signup and view all the answers

What is the main characteristic of a strong currency?

<p>One unit of currency exchanges for more than one unit of another currency (A)</p> Signup and view all the answers

What is the first step in determining the gross salary?

<p>Identify the basic salary and any additional incomes (C)</p> Signup and view all the answers

What is the purpose of a payslip?

<p>To summarize the gross salary and total deductions (A)</p> Signup and view all the answers

What is the difference between earned income and unearned income?

<p>Earned income is received from employment, while unearned income is received from other sources (A)</p> Signup and view all the answers

What is the purpose of budgeting?

<p>To create a plan for allocating income to cover expenses, savings, and investments (B)</p> Signup and view all the answers

What is the purpose of identifying all sources of income?

<p>To list all the ways in which income is received (D)</p> Signup and view all the answers

What is the purpose of income tax?

<p>To recognize the role of income tax in personal finance (B)</p> Signup and view all the answers

What is the purpose of long-term goals?

<p>To plan for retirement (D)</p> Signup and view all the answers

What is the purpose of financial planning?

<p>To set financial goals and create strategies to achieve them (A)</p> Signup and view all the answers

What is the purpose of income diversification?

<p>To ensure financial stability by having multiple sources of income (C)</p> Signup and view all the answers

What is the purpose of short-term goals?

<p>To save for a vacation (C)</p> Signup and view all the answers

What is the employer's contribution to UIF as a percentage of gross salary?

<p>1% (A)</p> Signup and view all the answers

What is the maximum amount of UIF that can be deducted from an employee's salary per month?

<p>R124.78 (C)</p> Signup and view all the answers

What is the purpose of an exchange rate?

<p>To compare the value of different currencies (D)</p> Signup and view all the answers

What is the formula for calculating the total contribution to UIF?

<p>2% x gross salary (D)</p> Signup and view all the answers

What is the purpose of estimating currency conversions?

<p>To get a general idea of the amount of currency exchanged (D)</p> Signup and view all the answers

What determines the strength of a currency in relation to another currency?

<p>The exchange rate (D)</p> Signup and view all the answers

What is the purpose of a water tariff system?

<p>To provide an example of an incremental tariff system (D)</p> Signup and view all the answers

What is the salary ceiling for calculating UIF?

<p>R12,478.00 per month (A)</p> Signup and view all the answers

What is the formula for calculating an employee's contribution to UIF?

<p>1% x gross salary (D)</p> Signup and view all the answers

What is the purpose of calculating the total contribution to UIF?

<p>To determine the UIF contribution from both the employee and employer (A)</p> Signup and view all the answers

What is the purpose of a budget?

<p>To plan the future finances of an event, business, or organization (C)</p> Signup and view all the answers

What is the formula for calculating net income?

<p>Total Income - Total Expenditure (D)</p> Signup and view all the answers

What is the purpose of a statement of income-and-expenditure?

<p>To describe the current finances of an event, business, or organization (A)</p> Signup and view all the answers

What is the formula for calculating the percentage change in expenditure?

<p>(Actual Value - Previous Value) / Previous Value (B)</p> Signup and view all the answers

Why is it important to regularly review income and expenses?

<p>To ensure the budget is being followed and to make adjustments as necessary (B)</p> Signup and view all the answers

What is the purpose of calculating the difference between predicted and actual values?

<p>To see how the business actually performed versus how it was planned or predicted to perform (C)</p> Signup and view all the answers

What is the employer's contribution to UIF?

<p>1% of the gross salary (D)</p> Signup and view all the answers

What is the formula for calculating total expenditure?

<p>Sum of all expense items (B)</p> Signup and view all the answers

What is the purpose of UIF?

<p>To provide financial support to employees who lose their jobs (B)</p> Signup and view all the answers

What is the formula for calculating the employee's contribution to UIF?

<p>1% of the gross salary (A)</p> Signup and view all the answers

What is the main characteristic of a step-function graph in a tariff system?

<p>The graph has flat line sections (A)</p> Signup and view all the answers

What is the purpose of drawing graphs to compare different tariff systems?

<p>To determine the break-even point of two tariff systems (A)</p> Signup and view all the answers

What is the formula to calculate the monthly cost in a prepaid system?

<p>Monthly Cost = Rate per Unit × Units Used (C)</p> Signup and view all the answers

What does an increasing gradient in a graph represent in a tariff system?

<p>A higher rate for higher usage levels (C)</p> Signup and view all the answers

What is the purpose of comparing two options in a tariff system?

<p>To make an informed decision about which option is more advantageous (D)</p> Signup and view all the answers

What is the formula to calculate the percentage increase in a tariff system?

<p>Percentage Increase = (New Value - Old Value) / Old Value (D)</p> Signup and view all the answers

What is the purpose of calculating the break-even point in a tariff system?

<p>To determine the point at which the costs of two tariff systems are equal (A)</p> Signup and view all the answers

What is the purpose of using mathematical tools and techniques in a tariff system?

<p>To organize and visualize the data (C)</p> Signup and view all the answers

What is the purpose of identifying the options in a tariff system?

<p>To clearly define the two options that need to be compared (B)</p> Signup and view all the answers

What does a weak currency indicate?

<p>One unit of that currency exchanges for less than one unit of another currency (A)</p> Signup and view all the answers

What is the purpose of a water tariff system?

<p>To charge different rates for different portions of water used (B)</p> Signup and view all the answers

What is the graphical representation of a tariff system?

<p>A step-function graph (A)</p> Signup and view all the answers

How is the monthly cost calculated in a prepaid system?

<p>Rate per Unit × Units Used (C)</p> Signup and view all the answers

What does a flat line section in a graph represent?

<p>A period where the cost does not change (B)</p> Signup and view all the answers

What is the formula for calculating the percentage increase?

<p>((New Value - Old Value) / Old Value) × 100 (A)</p> Signup and view all the answers

What is the purpose of comparing two options?

<p>To evaluate the benefits and costs of each option (A)</p> Signup and view all the answers

What is the purpose of a break-even analysis?

<p>To determine the point at which the costs of two tariff systems are equal (C)</p> Signup and view all the answers

What is the main purpose of using mathematical tools and techniques in decision-making?

<p>To organize and visualize the data (C)</p> Signup and view all the answers

How do you determine the cost associated with each option?

<p>By calculating the total cost, including initial, ongoing, and additional costs (C)</p> Signup and view all the answers

What is the purpose of identifying the benefits of each option?

<p>To compare the benefits in relation to the costs (A)</p> Signup and view all the answers

What is the first step in comparing two options?

<p>Define the options (C)</p> Signup and view all the answers

What is the purpose of documenting the comparison process?

<p>To present the findings in a clear and logical manner (D)</p> Signup and view all the answers

What is the term for the total of all the income sources of the employee?

<p>Gross Salary (A)</p> Signup and view all the answers

What is the purpose of a quotation?

<p>To provide a guideline of all the costs that a customer will have to pay (D)</p> Signup and view all the answers

What is the formula for calculating gross salary?

<p>Gross Salary = Basic Salary + Additional Incomes (B)</p> Signup and view all the answers

What is the term for the portion of an employee's salary on which tax is calculated?

<p>Taxable Income (D)</p> Signup and view all the answers

What is the purpose of comparing the total costs, benefits, and risks of each option?

<p>To make an informed decision about which option is more advantageous (B)</p> Signup and view all the answers

What is the formula for calculating net pay?

<p>Net Pay = Gross Salary - Total Deductions (D)</p> Signup and view all the answers

What is the purpose of using a receipt?

<p>To provide proof that a customer has paid for an item/service (D)</p> Signup and view all the answers

What is the first step in comparing two options?

<p>Define the Options (C)</p> Signup and view all the answers

What is the purpose of using mathematical tools in comparing two options?

<p>To calculate the cost-benefit ratio (A)</p> Signup and view all the answers

What is the final step in comparing two options?

<p>Document and Present (C)</p> Signup and view all the answers

What should be considered when evaluating the potential risks of each option?

<p>Both the likelihood and impact of the risk (A)</p> Signup and view all the answers

What should the criteria for comparing two options cover?

<p>All important aspects of the decision (B)</p> Signup and view all the answers

What is the purpose of comparing the options based on the criteria, costs, benefits, and risks?

<p>To make an informed decision about which option is more advantageous (A)</p> Signup and view all the answers

What is the primary purpose of a budget?

<p>To plan the future finances of an event, business, or organization (C)</p> Signup and view all the answers

What is the purpose of a statement of income-and-expenditure?

<p>To describe the current finances of an event, business, or organization (B)</p> Signup and view all the answers

What is calculated by subtracting the total expenditure from the total income?

<p>Net income (B)</p> Signup and view all the answers

What is the purpose of comparing predicted and actual values?

<p>To understand how the business actually performed versus how it was planned or predicted to perform (D)</p> Signup and view all the answers

What is the formula for calculating the total expenditure?

<p>Sum of all expense items (D)</p> Signup and view all the answers

What is the purpose of setting financial goals?

<p>To create a plan to achieve these goals by saving and investing a portion of the income (A)</p> Signup and view all the answers

What is the purpose of monitoring and adjusting a budget?

<p>To ensure the budget is being followed and adjust the budget as necessary to accommodate changes in income or expenses (B)</p> Signup and view all the answers

What is the formula for calculating the percentage change?

<p>((Actual Value - Previous Value) / Previous Value) * 100% (B)</p> Signup and view all the answers

What is the purpose of UIF?

<p>To provide financial support to employees who lose their jobs (A)</p> Signup and view all the answers

What is the difference between a budget and a statement of income-and-expenditure?

<p>A budget is used to plan the future, while a statement of income-and-expenditure is used to describe the current finances (D)</p> Signup and view all the answers

What is the main characteristic of a strong currency?

<p>One unit of the currency exchanges for more than one unit of another currency (C)</p> Signup and view all the answers

What is the purpose of a water tariff system?

<p>To charge different rates for different amounts of water used (C)</p> Signup and view all the answers

What is the benefit of comparing the costs of different tariff systems?

<p>To identify the break-even point of the systems (B)</p> Signup and view all the answers

What is the purpose of a step-function graph in a tariff system?

<p>To show the same tariff rate for water consumption within a certain bracket (D)</p> Signup and view all the answers

What is the formula for calculating the percentage increase?

<p>(New Value - Old Value) / Old Value (C)</p> Signup and view all the answers

What is the purpose of a break-even analysis in comparing tariff systems?

<p>To identify the point at which the costs of both systems are equal (B)</p> Signup and view all the answers

What is the purpose of comparing the benefits of different options?

<p>To identify the benefits of each option and compare them (B)</p> Signup and view all the answers

What is the purpose of evaluating the potential risks associated with each option?

<p>To identify the potential risks associated with each option (B)</p> Signup and view all the answers

What is the purpose of calculating the cost-benefit ratio of each option?

<p>To compare the benefits of each option to their costs (D)</p> Signup and view all the answers

What is the purpose of establishing the criteria for comparing options?

<p>To establish the criteria that will be used to compare the options (B)</p> Signup and view all the answers

What is the first step in determining the net pay of an employee?

<p>Identify the basic salary and any additional incomes (B)</p> Signup and view all the answers

What is the purpose of calculating the net income?

<p>To create a budget (C)</p> Signup and view all the answers

What is the difference between earned income and unearned income?

<p>Earned income is received from employment, while unearned income is received from sources other than employment (C)</p> Signup and view all the answers

What is the purpose of identifying all sources of income?

<p>To determine the gross income (D)</p> Signup and view all the answers

What is the purpose of income tax?

<p>To fund government programs and services (A)</p> Signup and view all the answers

What is the purpose of budgeting?

<p>To allocate income to cover expenses, savings, and investments (A)</p> Signup and view all the answers

What is the purpose of investments?

<p>To generate additional income or appreciate in value over time (A)</p> Signup and view all the answers

What is the purpose of a payslip?

<p>To provide a record of income and deductions (C)</p> Signup and view all the answers

What is the purpose of financial planning?

<p>To achieve short-term and long-term financial goals (C)</p> Signup and view all the answers

What is the purpose of income diversification?

<p>To ensure financial stability by having multiple sources of income (D)</p> Signup and view all the answers

What is the amount of money that an employee receives after all deductions have been made?

<p>Net Pay (C)</p> Signup and view all the answers

What is the formula for calculating an employee's contribution to UIF?

<p>1% × gross salary (B)</p> Signup and view all the answers

What is the purpose of a quotation?

<p>To provide a guideline of all the costs that a customer will have to pay (B)</p> Signup and view all the answers

What is the total contribution to UIF from both the employee and employer?

<p>2% × gross salary (B)</p> Signup and view all the answers

What is the term for the total of all the income sources of the employee?

<p>Gross Salary (D)</p> Signup and view all the answers

What is the purpose of estimating currency conversions?

<p>To get a general idea of the exchanged amount (B)</p> Signup and view all the answers

What is the term for the payment required from the employee for items such as Medical Aid and Pension?

<p>Deductions (B)</p> Signup and view all the answers

What is the purpose of an invoice?

<p>To provide a summary of all the costs that a customer must pay (A)</p> Signup and view all the answers

What determines the strength of a currency in relation to another currency?

<p>The exchange rate (C)</p> Signup and view all the answers

What is the formula for calculating Gross Salary?

<p>Gross Salary = Basic Salary + Additional Incomes (A)</p> Signup and view all the answers

What is the maximum UIF deduction that can be made from an employee's salary?

<p>R124.78 (C)</p> Signup and view all the answers

What is the formula to calculate the converted amount of currency?

<p>Foreign currency amount × Exchange rate (B)</p> Signup and view all the answers

What is the purpose of a receipt?

<p>To provide proof that a customer has paid for an item/service (B)</p> Signup and view all the answers

What is the term for the portion of an employee's salary on which tax is calculated?

<p>Taxable Income (B)</p> Signup and view all the answers

What is the salary ceiling for calculating UIF?

<p>R12,478.00 (B)</p> Signup and view all the answers

Who contributes to UIF?

<p>Both the employee and employer (D)</p> Signup and view all the answers

What is the purpose of accurate currency conversions?

<p>To calculate the exact amount of currency (D)</p> Signup and view all the answers

What is the characteristic of a strong currency?

<p>One unit exchanges for more than one unit of another currency (D)</p> Signup and view all the answers

What is the first step in determining gross salary?

<p>Identifying the basic salary and any additional incomes (A)</p> Signup and view all the answers

What is an example of earned income?

<p>Salary from a job (D)</p> Signup and view all the answers

What is the purpose of a budget?

<p>To allocate income to cover expenses, savings, and investments (A)</p> Signup and view all the answers

What is the difference between gross income and net income?

<p>Gross income is before deductions, while net income is after deductions (B)</p> Signup and view all the answers

What is the purpose of income tax?

<p>To fund government programs and services (A)</p> Signup and view all the answers

What is the benefit of having multiple sources of income?

<p>It reduces the risk of financial instability (B)</p> Signup and view all the answers

What is the purpose of a payslip?

<p>To provide a record of income and deductions (A)</p> Signup and view all the answers

What is the purpose of setting financial goals?

<p>To create a plan to achieve financial objectives (B)</p> Signup and view all the answers

What is the purpose of identifying all sources of income?

<p>To ensure accurate calculation of gross income (B)</p> Signup and view all the answers

What is the purpose of planning for taxes?

<p>To ensure compliance with tax laws (A)</p> Signup and view all the answers

What is the first step in comparing two options?

<p>Define the Options (C)</p> Signup and view all the answers

What is the purpose of using mathematical tools and techniques in decision-making?

<p>To organize and visualize data to make an informed decision (B)</p> Signup and view all the answers

What is the purpose of using mathematical tools in comparing options?

<p>To organize the data and calculate key metrics (B)</p> Signup and view all the answers

What is evaluated in the 'Assess Risks' step of comparing options?

<p>The likelihood and impact of potential risks (C)</p> Signup and view all the answers

What is the primary purpose of comparing the total costs, benefits, and risks of each option?

<p>To make an informed decision about which option is more advantageous (A)</p> Signup and view all the answers

What is the purpose of the 'Document and Present' step in comparing options?

<p>To record the comparison process and present the findings (B)</p> Signup and view all the answers

What is the purpose of establishing criteria in the decision-making process?

<p>To determine the criteria that will be used to compare the options (A)</p> Signup and view all the answers

What is the main purpose of comparing two options?

<p>To make an informed decision about which option is more advantageous (C)</p> Signup and view all the answers

What is the purpose of analyzing costs in the decision-making process?

<p>To calculate the total cost of each option (A)</p> Signup and view all the answers

What is used to support the analysis in the 'Document and Present' step?

<p>Visual aids such as charts and graphs (B)</p> Signup and view all the answers

What is the purpose of documenting the comparison process?

<p>To record the comparison process, including all calculations and rationales (B)</p> Signup and view all the answers

What is the difference between a payslip and an invoice?

<p>A payslip is a document provided by an employer, while an invoice is a document provided by a supplier (B)</p> Signup and view all the answers

What is the purpose of a quotation?

<p>To provide a guideline of all the costs that a customer will have to pay (B)</p> Signup and view all the answers

What is the formula for calculating total deductions?

<p>Sum of all deduction values (D)</p> Signup and view all the answers

What is the purpose of demonstrating values in financial documents?

<p>To explain and demonstrate how different values in the documents have been determined (D)</p> Signup and view all the answers

What is the purpose of calculating the net pay?

<p>To determine the actual amount of money that the employee will receive (C)</p> Signup and view all the answers

What is the total contribution to the UIF from both the employee and employer?

<p>2% of gross salary (A)</p> Signup and view all the answers

What is the purpose of an exchange rate?

<p>To compare the value of one currency to another (D)</p> Signup and view all the answers

What is the maximum UIF deduction that can be made from an employee's salary?

<p>R124.78 (C)</p> Signup and view all the answers

What is the salary ceiling for calculating UIF?

<p>R12,478.00 per month (D)</p> Signup and view all the answers

What is a strong currency characterized by?

<p>One unit exchanges for more than one unit of another currency (B)</p> Signup and view all the answers

What is the purpose of accurate currency conversions?

<p>To determine precisely how much to pay or charge for goods (B)</p> Signup and view all the answers

What is the employee's contribution to UIF?

<p>1% of gross salary (B)</p> Signup and view all the answers

What is the purpose of estimating currency conversions?

<p>To provide a general idea of the exchanged amount for travellers (D)</p> Signup and view all the answers

Who contributes to UIF?

<p>Both the employee and employer (A)</p> Signup and view all the answers

What is the formula for calculating the total contribution to UIF?

<p>Employee's contribution + Employer's contribution (C)</p> Signup and view all the answers

What is the primary purpose of creating a budget?

<p>To plan for the future finances (B)</p> Signup and view all the answers

What is the purpose of a statement of income-and-expenditure?

<p>To describe the current finances of an event, business, or organization (D)</p> Signup and view all the answers

What is the formula for calculating net income?

<p>Total Income - Total Expenditure (B)</p> Signup and view all the answers

What is the purpose of comparing predicted and actual values in a budget?

<p>To see how the business actually performed versus how it was planned (D)</p> Signup and view all the answers

What is the formula for calculating the percentage change in expenditure?

<p>(Actual Value - Previous Value) / Previous Value (D)</p> Signup and view all the answers

What is the purpose of monitoring and adjusting a budget?

<p>To ensure the budget is being followed and make adjustments as necessary (B)</p> Signup and view all the answers

What is the formula for calculating total expenditure?

<p>Sum of all expense items (A)</p> Signup and view all the answers

What is the purpose of UIF?

<p>To provide financial support to employees who lose their jobs (A)</p> Signup and view all the answers

What is the employer's contribution to UIF?

<p>1% of the gross salary (C)</p> Signup and view all the answers

What is the formula for calculating an employee's contribution to UIF?

<p>1% of the gross salary (B)</p> Signup and view all the answers

What is the main characteristic of a step-function graph in a tariff system?

<p>The graph shows the same tariff for a certain bracket. (B)</p> Signup and view all the answers

What is the purpose of comparing the graphs of different tariff systems?

<p>To analyze the cost under different usage levels. (A)</p> Signup and view all the answers

What is the formula for calculating the monthly cost in a non-prepaid system?

<p>Monthly Cost = Service Charge + Network Charge + (Rate per Unit × Units Used) (B)</p> Signup and view all the answers

What does a flat line section in a graph represent in a tariff system?

<p>A period where the cost does not change. (C)</p> Signup and view all the answers

What is the purpose of calculating the break-even point in comparing tariff systems?

<p>To determine the point at which the costs of two tariff systems are equal. (C)</p> Signup and view all the answers

What is the formula for calculating the percentage increase?

<p>Percentage Increase = (New Value - Old Value) / Old Value (C)</p> Signup and view all the answers

What is the purpose of identifying the options that need to be compared in a decision-making process?

<p>To gather detailed information about each option. (C)</p> Signup and view all the answers

What is the purpose of cost analysis in comparing options?

<p>To calculate the total cost associated with each option. (B)</p> Signup and view all the answers

What is the purpose of using mathematical tools and techniques in comparing options?

<p>To organize and visualize the data, and calculate key metrics. (C)</p> Signup and view all the answers

What is the purpose of documenting the comparison process in a decision-making process?

<p>To document the comparison process, including all calculations and rationales for the decision. (C)</p> Signup and view all the answers

Watter is die doel van 'n begroting?

<p>Om die toekomstige finansiële verbintenisse te beplan (D)</p> Signup and view all the answers

Wat is die naam van die fonds wat gedurende werkloosheid finansiele ondersteuning bied?

<p>Unemployment Insurance Fund (UIF) (A)</p> Signup and view all the answers

Watter is die formule vir die berekening van totale uitgawe?

<p>Totale uitgawe = ∑ Allee uitgaweitems (C)</p> Signup and view all the answers

Watter is die doel van 'n verklaring van inkomste en uitgawe?

<p>Om die huidige finansiële situasie van 'n onderneming te beskryf (A)</p> Signup and view all the answers

Watter is die vereiste om 'n begroting te volg?

<p>Om regmatig die inkomste en uitgawe te hersien (D)</p> Signup and view all the answers

Watter is die formule vir die berekening van die persentasie verandering?

<p>( Werklike waarde - Vorige waarde ) x 100% (A)</p> Signup and view all the answers

Watter is die doel van die UI-fonds?

<p>Om finansiele ondersteuning te bied aan werknemers wat hul werke verloor het (B)</p> Signup and view all the answers

Watter is die verskil tussen 'n begroting en 'n verklaring van inkomste en uitgawe?

<p>Die een is vir die toekomstige finansiële verbintenisse en die ander is vir die huidige finansiële situasie (C)</p> Signup and view all the answers

Watter is die doel van die vergelyking tussen voorspelde en werklike waardes?

<p>Om te sien hoe goed die begroting is (A)</p> Signup and view all the answers

Watter is die belangrikheid van die.UI-fonds?

<p>Om finansiele ondersteuning te bied aan werknemers wat hul werke verloor het (A)</p> Signup and view all the answers

Wat is die verskil tussen 'n werknemer se bruto salaris en sy netto salaris?

<p>Die brutosalaris is die totale inkomste van die werknemer, terwyl die nettosalaris die bedrag is wat die werknemer ontvang ná aftrekkings. (D)</p> Signup and view all the answers

Wat is die doel van 'n kwotasie?

<p>Om 'n lys van alle koste te verskaf wat 'n klant moet betaal as hulle 'n produk koop. (B)</p> Signup and view all the answers

Wat is die naam vir die som van alle aftrekkings?

<p>Totale aftrekkings (C)</p> Signup and view all the answers

Wat is die doel van 'n faktuur?

<p>Om 'n lys van alle koste te verskaf wat 'n klant moet betaal. (A)</p> Signup and view all the answers

Wat is die naam vir die bedrag wat die werknemer ontvang ná aftrekkings?

<p>Netto salaris (B)</p> Signup and view all the answers

Wat is die doel van 'n ontvangs?

<p>Om 'n lys van alle koste te verskaf wat 'n klant het betaal. (B)</p> Signup and view all the answers

Wat is die naam vir die deel van die werknemer se salaris waarop belasting bereken word?

<p>Belastbare inkomste (A)</p> Signup and view all the answers

Wat is die formule om die brutosalaris te bereken?

<p>Bruto salaris = Basisalaris + Addisionele inkomste (D)</p> Signup and view all the answers

Waarom word 'n vergelyking van twee opsies uitgevoer?

<p>Om die totale koste, voordele en risiko's van elk opsie te vergelyk (A)</p> Signup and view all the answers

Watter is een van die stappe om twee opsies te vergelyk?

<p>Definieer die opsies (D)</p> Signup and view all the answers

Watter is die doel van 'n kwotasie?

<p>Om 'n gidslyn vir alle koste te verskaf (B)</p> Signup and view all the answers

Wat is die verskil tussen bruto salaris en netto salaris?

<p>Bruto salaris is die totale inkomste, terwyl netto salaris die inkomste minus afskrywings is (D)</p> Signup and view all the answers

Watter is die doel van 'n fakture?

<p>Om 'n summiering van alle koste te verskaf (D)</p> Signup and view all the answers

Watter is een van die stappe om twee opsies te vergelyk?

<p>Gather al die relevante data (A)</p> Signup and view all the answers

Wat is die doel van 'n ontvangs?

<p>Om 'n bewys te verskaf dat 'n kliënt 'n item betaal het (A)</p> Signup and view all the answers

Watter is die verskil tussen 'n kwotasie en 'n fakture?

<p>Een is vir 'n gidslyn, terwyl die ander vir 'n summiering van koste is (C)</p> Signup and view all the answers

Watter is die doel van 'n tabel?

<p>Om data te organizeer (D)</p> Signup and view all the answers

Watter persentasie van 'n werknemer se bruto salaris moet vir UIF afgetrek word?

<p>1% (C)</p> Signup and view all the answers

Watter is die totale bydrae tot UIF van beide die werknemer en werkgewer?

<p>2% x bruto salaris (C)</p> Signup and view all the answers

Watter is die maksimum UIF-aftrekking wat van 'n werknemer se salaris gemaak kan word?

<p>R124.78 (C)</p> Signup and view all the answers

Watter is die doel van 'n wisselkoers?

<p>Om die waarde van 'n valuta te bereken (C)</p> Signup and view all the answers

Watter is die formule om die omgeskakelde bedrag van 'n valuta te bereken?

<p>Omgewende bedrag = Valutabedrag x Wisselkoers (B)</p> Signup and view all the answers

Watter is die kenmerk van 'n sterk valuta?

<p>Een eenheid van die valuta is gelyk aan meer as een eenheid van 'n ander valuta (B)</p> Signup and view all the answers

Watter is die doel van die wisselkoers?

<p>Om die waarde van 'n valuta te bereken (B)</p> Signup and view all the answers

Watter is die maksimum UIF-aftrekking wat van 'n werknemer se salaris gemaak kan word?

<p>R124.78 (C)</p> Signup and view all the answers

Watter is die totale bydrae tot UIF van beide die werknemer en werkgewer?

<p>2% x bruto salaris (A)</p> Signup and view all the answers

Watter is die wisselkoers gebruik vir?

<p>Om die waarde van 'n valuta te bereken (C)</p> Signup and view all the answers

Watter is die eerste stap om 'n begroting op te stel?

<p>Identifiseer al die bronne van inkomste (D)</p> Signup and view all the answers

Waarom is dit belangrik om 'n begroting te hê?

<p>Om te beplan hoe om jou inkomste te bestee (D)</p> Signup and view all the answers

Watter is die verskil tussen bruto-inkomste en nettosaldo?

<p>Bruto-inkomste is die totale inkomste voor aftrek van aftrekkings, terwyl nettosaldo die totale inkomste is na aftrek van aftrekkings (B)</p> Signup and view all the answers

Watter is die doel van spies- en beleggings?

<p>Om te spaar vir die toekoms (A)</p> Signup and view all the answers

Watter is die belangrikste stap in die proses van finansiële beplanning?

<p>Om jou finansiële doelwitte te stel (A)</p> Signup and view all the answers

Watter is die rede waarom ons inkomstebelasting betaal?

<p>Om te verseker dat ons regering geld het om land se dienste te lewer (C)</p> Signup and view all the answers

Watter is die voordeel van diversifikasi van inkomste?

<p>Om finansiele stabiliteit te verseker (C)</p> Signup and view all the answers

Watter is die doel van 'n begroting?

<p>Om te beplan hoe om jou inkomste te bestee (A)</p> Signup and view all the answers

Watter is die stap om jou nettosaldo te bereken?

<p>Trek jou aftrekkings van jou bruto-inkomste af (A)</p> Signup and view all the answers

Watter is die rede waarom ons 'n begroting nodig het?

<p>Om te beplan hoe om ons inkomste te bestee (A)</p> Signup and view all the answers

Watter is die eerste stap om 'n persone se inkomste te verstaan en te bestuur?

<p>Identifiseer alle bronne van inkomste (A)</p> Signup and view all the answers

Watter is die doel van 'n kwotasie?

<p>Om die totale koste van items te bereken (D)</p> Signup and view all the answers

Watter is die verskil tussen bruto inkomste en nettosalaris?

<p>Bruto inkomste is die inkomste voor aftrekkings, terwyl nettosalaris die inkomste ná aftrekkings is. (C)</p> Signup and view all the answers

Watter is die belangrikste stap in die proses van inkomstebeplanning?

<p>Skep 'n begroting (D)</p> Signup and view all the answers

Watter is die voordeel van 'n diversifieerde inkomste?

<p>Om 'n persoon se risiko te verminder (A)</p> Signup and view all the answers

Watter is die doel van 'n begroting?

<p>Om die besteding van 'n persoon se inkomste te beplan (A)</p> Signup and view all the answers

Watter is die belangrikste aspek van 'n persoon se finansiele beplanning?

<p>Om 'n persoon se finansiele doelwitte te beplan (B)</p> Signup and view all the answers

Watter is die voordeel van 'n spasiale begroting?

<p>Om 'n persoon se finansiele stabiliteit te verhoog (A)</p> Signup and view all the answers

Watter is die doel van 'n ontvangs?

<p>Om 'n rekord te hou van 'n transaksie (C)</p> Signup and view all the answers

Watter is die belangrikste stap in die proses van inkomstebeplanning?

<p>Moniteer en wysig 'n begroting (B)</p> Signup and view all the answers

Watter eenheid van 'n geldsoort is sterk as een eenheid van daardie geldsoort verwissel vir meer as een eenheid van 'n ander geldsoort?

<p>Eenheid van die geldsoort met die hoogste waarde (C)</p> Signup and view all the answers

Wat verteenwoordig die koopkrag van 'n geldsoort?

<p>Hoeveel buitelandse geldsoorte jy nodig het om goedere of dienste te koop (B)</p> Signup and view all the answers

Watter grafiek verteenwoordig die water tariefstelsel?

<p>Stap-funksie grafiek (B)</p> Signup and view all the answers

Wanneer sou jy 'n break-even analise doen?

<p>Om die koste van twee verskillende tariefstelsels te vergelyk (B)</p> Signup and view all the answers

Wat is die doel van 'n vergelyking tussen twee tariefstelsels?

<p>Om die koste van twee verskillende tariefstelsels te vergelyk (D)</p> Signup and view all the answers

Hoe bereken jy die persentasie toename?

<p>Deur die nuwe waarde minus die ou waarde te del by die ou waarde (D)</p> Signup and view all the answers

Watter eenheid gebruik jy om die koste van twee tariefstelsels te vergelyk?

<p>Eenheid van verbruik (A)</p> Signup and view all the answers

Wat is die doel van 'n koste-voordeel analise?

<p>Om die koste en voordele van 'n tariefstelsel te vergelyk (D)</p> Signup and view all the answers

Watter faktore word in ag geneem tydens 'n risiko-evaluering?

<p>Finansiële risiko's, gesondheidsrisiko's, omgewingsrisiko's (B)</p> Signup and view all the answers

Wat is die doel van 'n grafiek tydens die vergelyking van twee tariefstelsels?

<p>Om die koste van twee tariefstelsels te vergelyk (D)</p> Signup and view all the answers

Watter stap is eerste belangrik in die vergelyking van twee opties?

<p>Define the Options (D)</p> Signup and view all the answers

Waarom is dit belangrik om kriteria te bepaal by die vergelyking van twee opties?

<p>Om alle belangrike aspekte van die besluit te dek (A)</p> Signup and view all the answers

Watter hulpmiddel word gebruik om die data te organiseer en sleutelmetriek te bereken?

<p>Tables and graphs (A)</p> Signup and view all the answers

Waarom is dit belangrik om die risiko's van elk van die twee opties te evalueer?

<p>Om die besluit te verstaan en te verbeter (C)</p> Signup and view all the answers

Wat is die totale bydrae tot UIF van beide werknemer en werkgewer?

<p>2% van die bruto salaris (B)</p> Signup and view all the answers

Waarom is dit belangrik om die besluit te dokumenteer en te presenter?

<p>Om die proses te verstaan en te verbeter (A)</p> Signup and view all the answers

Watter is die finale stap in die vergelyking van twee opties?

<p>Compare and Decide (C)</p> Signup and view all the answers

Watter is die maksimum UIF-afskrywing wat van 'n werknemer se salaris gedoen kan word?

<p>R124.78 (D)</p> Signup and view all the answers

Watter is die doel van 'n wisselkoers?

<p>Om die waarde van 'n vreemde geldeenheid te bepaal in terme van 'n ander geldeenheid. (A)</p> Signup and view all the answers

Watter is die formule om die geskatte bedrag van 'n vreemde geldeenheid te bereken?

<p>Vreemde geldeenheid-bedrag x wisselkoers (D)</p> Signup and view all the answers

Watter is die karakteristiek van 'n sterk geldeenheid?

<p>Een eenheid van die geldeenheid is gewoonlik meer as een eenheid van 'n ander geldeenheid. (B)</p> Signup and view all the answers

Watter is die doel van die UIF?

<p>Om werknemers te beskerm teen werkloosheid. (C)</p> Signup and view all the answers

Wat is die plafon vir UIF-berekening?

<p>R12,478.00 per maand (A)</p> Signup and view all the answers

Watter is die doel van die wisselkoers-estimeringsmetode?

<p>Om 'n geskatte bedrag van 'n vreemde geldeenheid te bereken. (C)</p> Signup and view all the answers

Watter is die karakteristiek van 'n water-tariefstelsel?

<p>Die tarief is gebaseer op die gebruik van water. (A)</p> Signup and view all the answers

Watter is die verskil tussen 'n sterk en 'n swak geldeenheid?

<p>Een eenheid van die sterk geldeenheid is gewoonlik meer as een eenheid van die swak geldeenheid. (B)</p> Signup and view all the answers

Waarom is dit belangrik om 'n begroting te maak?

<p>Om die toekomstige finansies van 'n onderneming te beplan (C)</p> Signup and view all the answers

Watter van die volgende is 'n doel van 'n state van inkomste en uitgawe?

<p>Om die huidige finansies van 'n onderneming te beskryf (A)</p> Signup and view all the answers

Watter formule gebruik ons om die totale uitgawe te bereken?

<p>Totale uitgawe = Σ Alle uitgawe items (B)</p> Signup and view all the answers

Waarom is dit belangrik om die inkomste en uitgawe oor tyd te vergelyk?

<p>Om die verandering in inkomste en uitgawe te begryp (C)</p> Signup and view all the answers

Watter is die doel van die werkgewersbydrae tot UIF?

<p>Om finansiële steun te bied aan werknemers wat hul werk verloor (C)</p> Signup and view all the answers

Watter is die formule om die netto-inkomste te bereken?

<p>Netto-inkomste = Totale inkomste - Totale uitgawe (B)</p> Signup and view all the answers

Waarom is dit belangrik om die begroting teмонитe en aan te pas?

<p>Om die begroting op te dateer (D)</p> Signup and view all the answers

Watter is die doel van 'n begroting?

<p>Om die toekomstige finansies te beplan (B)</p> Signup and view all the answers

Watter is die formule om die persentasie verandering te bereken?

<p>Persentasie verandering = (Aktueel waarde - Vorige waarde) / Vorige waarde x 100% (C)</p> Signup and view all the answers

Watter is die doel van UIF?

<p>Om finansiële steun te bied aan werknemers wat hul werk verloor (B)</p> Signup and view all the answers

Watter grafiek het 'n steeper verhoging om te wys dat hoe meer water gebruik word, hoe hoër die tarief en koste is?

<p>Incrementele verhoging grafiek (A)</p> Signup and view all the answers

Watter metode word gebruik om die koste van twee tarifstelsels te vergelyk?

<p>Break-even analise (D)</p> Signup and view all the answers

Watter formule word gebruik om die maandlikse koste in 'n voorbetaalde stelsel te bereken?

<p>Maandlikse koste = tarief per eenheid x eenhede gebruik (B)</p> Signup and view all the answers

Watter van die volgende is 'n kenmerk van 'n vlakke lyn in 'n grafiek?

<p>Die koste bly konstant vir 'n bepaalde hoeveelheid water gebruik (B)</p> Signup and view all the answers

Watter stap is nodig om die beste tarifstelsel te kies?

<p>Om die koste van elke tarifstelsel te bereken (D)</p> Signup and view all the answers

Watter van die volgende is 'n voorbeeld van 'n tarifstelsel?

<p>Al die bogenoemde (D)</p> Signup and view all the answers

Watter word gebruik om die persentasie verhoging te bereken?

<p>Persentasie verhoging = (nuwe waarde - ou waarde) / ou waarde x 100 (C)</p> Signup and view all the answers

Watter van die volgende is 'n stap in die proses om die beste tarifstelsel te kies?

<p>Om die risiko's van elke tarifstelsel te evalueer (D)</p> Signup and view all the answers

Watter is die doel van 'n tarifstelsel?

<p>Om die tarifstelsel te kies wat die beste is vir die gebruiker (B)</p> Signup and view all the answers

Watter is die naam van die grafiek wat die same tarief wys vir 'n bepaalde hoeveelheid water gebruik?

<p>Stap-funktie grafiek (C)</p> Signup and view all the answers

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