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Financial documents and Tariff systems

Total questions: 21

Worksheet time: 1hrs 4mins

Name
Class
Date
1.

According to Sanele an employer takes away jobs.


Is this true or false?

(a)  

2.

One of the two benefits outlined below is NOT a benefit of contributing towards the UIF.


Choose the statement that is not true with regard to UIF.

a)

Get a few months reduced income after termination of work.

b)

Secures employee future after retirement.

3.

Refer to document attached


Calculate the value of B.

a)

R4 739

b)

R4 736,88

4.

Refer to document attached


Calculate the total UIF amount that mus be paid on behalf of M Ncubuka to the Department of Labour.

a)

R123,89

b)

R125,44

5.

Refer to annexure


Name the item that gives the Msunduzi municipality the most income. Note: write the item only

(a)  

6.

Refer to annexure


Calculate the difference between the total income of the preaudit and the original budget for 2015/16.

a)

R87 994

b)

R87 894

7.

Refer to annexure


What is the expected income from service charges for 2016/17, rounded off to ONE decimal place?

a)

R2,9 billion

b)

R1 878 830 000

8.

Refer to annexure


Determine the missing value B.

a)

518 241

b)

518 24

9.

Refer to annexure


Calculate the missing value A.

Choose its correct value together with its state.

a)

A = R302 442 Deficit

b)

A = R302 442 Surplus

10.

Leanne defines the term balance brought forward as opening balance for a new month.


Is Leanne's definition correct?

Yes or No?

(a)  

11.

Refer to Annexure alongside


Calculate the number of days that lapsed between the previous meter reading and the meter reading for this account statement.


Choose the correct answer.

a)

28

b)

19

c)

9

12.

Refer to Annexure alongside


Determine the total basic levy amount payable, excluding VAT.


Choose the correct answer.

a)

R2 105,89

b)

R2 158,50

c)

R4 264,39

13.

Refer to Annexure alongside


Was the amount of R6 857,14 charged for VAT calculated correctly?


Yes or No?

(a)  

14.

Refer to Annexure alongside


Calculate tariff B that the municipality charges for kVA.

a)

R180,89

b)

R181

15.

Refer to Annexure alongside


Calculate the missing value C.

a)

55 983,25

b)

49 108,14

16.

Refer to Annexure alongside


Accounts unpaid on the date payable are subject to interest at a rate of 10% per annum, compounded monthly. Assume that this account was only paid on 15 December 2015.


Calculate the total amount payable, including interest.

a)

R55 920,19

b)

R56 920,19

17.

A tariff is tax paid on imported and exported goods.


is this true?

Yes or No?

(a)  

18.

Refer to table showing tariffs for both registered and non-registered users


What is the e-toll tariff for non-registered user who passes the Ukhozi gantry and drives a Class B vehicle.

a)

R13,78

b)

R13

c)

R14

19.

Refer to table showing tariffs for both registered and non-registered users


What are the names of the gantries that show the highest tariffs for registered e-tag users driving Class B vehicles.


Pick TWO of the right answers.

a)

Ihobhe

b)

Sunbird

c)

Owl

20.

Refer to table showing tariffs for both registered and non-registered users


Calculate the difference in e-toll tariff between the Sunbird and Fiscal gantries for non-registered users driving Class A2 vehicles.

a)

R1,63

b)

R6,50

c)

R4,87

d)

R2

21.

Refer to table showing tariffs for both registered and non-registered users


What is the ratio of the e-toll tariffs for registered e-tag users driving Class A2 vehicles to registered e-tag users driving Class B vehicles if both pass through the Owl gantry.

a)

3,21 : 8,03

b)

321 : 803

c)

1 : 2,5