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</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</p> Signup and view all the answers

    What is Savings?

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

    What is the purpose of income tax?

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

    What is the benefit of having multiple sources of income?

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

    What is Net Salary Determination?

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

    What is the total deductions calculated by?

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

    What is the gross salary calculated by?

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

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

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

    What is an exchange rate used for?

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

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

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

    What is the salary ceiling for calculating UIF?

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

    Who contributes to UIF?

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

    What is the purpose of UIF?

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

    What is the formula for calculating total expenditure?

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

    What is the purpose of UIF?

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

    What is the formula for calculating net income?

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

    What is the primary purpose of a budget?

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

    What is the formula for calculating total expenditure?

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

    What is the purpose of UIF?

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

    What is the employer's contribution to UIF?

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

    What is the graphical representation of a tariff system?

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

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

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

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

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

    What is the purpose of identifying all sources of income?

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

    What is the first step in comparing two options?

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

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

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

    What is the purpose of budgeting?

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

    What is the final step in comparing two options?

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

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

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

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

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

    What is the formula for estimating currency conversions?

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

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

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

    What type of tariff system is the water tariff system?

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

    What is the salary ceiling for calculating UIF?

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

    What is the first step in comparing two options?

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

    What is the purpose of determining the total deductions?

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

    What is included in the calculation of gross income?

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

    What is the purpose of income tax?

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

    What is included in the calculation of net income?

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

    Why is it important to diversify income sources?

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

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

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

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

    <p>To achieve specific financial goals</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</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.</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.</p> Signup and view all the answers

    What is Taxable Income?

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

    What is the formula for calculating Total Deductions?

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

    What is Net Pay?

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

    What is the formula for calculating net income?

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

    What is the formula for calculating total expenditure?

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

    What is the purpose of UIF?

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

    What is the formula for calculating the percentage change?

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

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

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

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

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

    What is the purpose of an exchange rate?

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

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

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

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

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

    What is the salary ceiling for calculating UIF?

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

    Who contributes to UIF?

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

    What is the purpose of estimating currency conversions?

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

    What is the purpose of a payslip?

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

    What is the purpose of long-term goals?

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

    What is the purpose of short-term goals?

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

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

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

    What is the purpose of an exchange rate?

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

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

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

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

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

    What is the salary ceiling for calculating UIF?

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

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

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

    What is the formula for calculating net income?

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

    What is the employer's contribution to UIF?

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

    What is the formula for calculating total expenditure?

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

    What is the purpose of UIF?

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

    What is the graphical representation of a tariff system?

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

    How is the monthly cost calculated in a prepaid system?

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

    What is the formula for calculating the percentage increase?

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

    What is the first step in comparing two options?

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

    What is the formula for calculating gross salary?

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

    What is the formula for calculating net pay?

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

    What is the first step in comparing two options?

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

    What is the final step in comparing two options?

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

    What should the criteria for comparing two options cover?

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

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

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

    What is the formula for calculating the total expenditure?

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

    What is the formula for calculating the percentage change?

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

    What is the purpose of UIF?

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

    What is the formula for calculating the percentage increase?

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

    What is the purpose of calculating the net income?

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

    What is the purpose of identifying all sources of income?

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

    What is the purpose of income tax?

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

    What is the purpose of budgeting?

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

    What is the purpose of investments?

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

    What is the purpose of a payslip?

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

    What is the purpose of financial planning?

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

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

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

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

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

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

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

    What is the formula for calculating Gross Salary?

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

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

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

    What is the salary ceiling for calculating UIF?

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

    Who contributes to UIF?

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

    What is the purpose of accurate currency conversions?

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

    What is an example of earned income?

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

    What is the purpose of a budget?

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

    What is the purpose of income tax?

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

    What is the purpose of a payslip?

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

    What is the purpose of setting financial goals?

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

    What is the purpose of planning for taxes?

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

    What is the first step in comparing two options?

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

    What is the formula for calculating total deductions?

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

    What is the salary ceiling for calculating UIF?

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

    What is the employee's contribution to UIF?

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

    Who contributes to UIF?

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

    What is the primary purpose of creating a budget?

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

    What is the formula for calculating net income?

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

    What is the formula for calculating total expenditure?

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

    What is the purpose of UIF?

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

    What is the employer's contribution to UIF?

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

    Watter is die doel van 'n begroting?

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

    Watter is die formule vir die berekening van totale uitgawe?

    <p>Totale uitgawe = ∑ Allee uitgaweitems</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</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</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%</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</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</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</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</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.</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.</p> Signup and view all the answers

    Wat is die naam vir die som van alle aftrekkings?

    <p>Totale aftrekkings</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.</p> Signup and view all the answers

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

    <p>Netto salaris</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.</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</p> Signup and view all the answers

    Wat is die formule om die brutosalaris te bereken?

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

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

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

    Watter is die doel van 'n kwotasie?

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

    Watter is die doel van 'n fakture?

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

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

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

    Watter is die doel van 'n tabel?

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

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

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

    Watter is die doel van 'n wisselkoers?

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

    Watter is die doel van die wisselkoers?

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

    Watter is die wisselkoers gebruik vir?

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

    Watter is die doel van spies- en beleggings?

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

    Watter is die voordeel van diversifikasi van inkomste?

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

    Watter is die doel van 'n begroting?

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

    Watter is die doel van 'n kwotasie?

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

    Watter is die belangrikste stap in die proses van inkomstebeplanning?

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

    Watter is die voordeel van 'n diversifieerde inkomste?

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

    Watter is die voordeel van 'n spasiale begroting?

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

    Watter is die doel van 'n ontvangs?

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

    Watter is die belangrikste stap in die proses van inkomstebeplanning?

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

    Watter grafiek verteenwoordig die water tariefstelsel?

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

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

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

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

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

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

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

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

    <p>Compare and Decide</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</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.</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</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.</p> Signup and view all the answers

    Watter is die doel van die UIF?

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

    Wat is die plafon vir UIF-berekening?

    <p>R12,478.00 per maand</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.</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.</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.</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</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</p> Signup and view all the answers

    Watter formule gebruik ons om die totale uitgawe te bereken?

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

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

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

    Watter is die doel van 'n begroting?

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

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

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

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

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

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