GRD 08 REVISION QUIZ

which department is allocated the highest budget amount?

IDENTIFY THE LOWEST BUDGET PERCENTAGE FROM THE BUDGET

Who is responsible for setting the budget of South Africa?

• minister of finance

• minister of education

• the president

• SARS

This is money that the government puts aside for unforeseen

events and other urgent needs, such as natural disasters, epidemics

and economic downturns.

• BUDGET

• EMERGENCY FUND

• TAX

• GRANT

The government collects its revenue(income) from?

• SARS

• TAXES

• JSE

• BUDGET

IDENTIFY three services to which the government allocates money

in the National Budget.

• HEALTH

• EDUCATION

• AGRICULTURE

• BANKS

Who is the minister of finance in South Africa?

What does "SARS" stand for

Which institution/organisation is responsible for collecting tax in South Africa

• SARS

• SARB

• JSE

• ABSA

What does VAT stand for