MTL1118

MTL1118

11th Grade

5 Qs

quiz-placeholder

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MTL1118

MTL1118

Assessment

Quiz

Mathematics

11th Grade

Hard

Created by

Woodridge Connect

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

__________________ summarizes the business's income (revenue) expenses during a specified period of time and is used to figure gross profit.

Income Statement

Balance Sheet

Trial Balance

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This financial statement reports assets, liabilities, and owner's equity during the accounting period. It can be used to determine the liquidity of a business.

Balance Sheet

Income Statement

Trial Balance

Cash flow statement

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If an employee received a basic salary of R10 829.00 and receives an additional R500 for housing. What is the gross salary the employee earns?

R11 229

R11 329

R2878.24

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the sum of all the deductions:

Medical aid - R1 225.57

Car Insurance - R812.17

Retirement Annuity - R780

R2 500

R2 817.74

R 2 718.47

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount of money the employee will have after deductions:

Salary - R11 329

Deductions - R2 878.24

R2 887.24

R7 500

R8 450.76