Salaries (Grade 10 NSC Matric Accounting): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
How often are salaries paid to permanent employees?
How often are salaries paid to permanent employees?
At the end of each month
If an employee's annual salary is R84,000, what is their monthly salary?
If an employee's annual salary is R84,000, what is their monthly salary?
R7,000
What is a thirteenth cheque equivalent to?
What is a thirteenth cheque equivalent to?
Exactly one month's salary
How is a bonus different from a thirteenth cheque?
How is a bonus different from a thirteenth cheque?
Bonus is a variable percentage
In the scale 96,000 x 6,000 – 108,000, what does the 6,000 represent?
In the scale 96,000 x 6,000 – 108,000, what does the 6,000 represent?
Annual increment amount
What does SITE stand for?
What does SITE stand for?
Standard Income Tax on Employees
An employee earns R102,000. After a R6,000 increment, what is their new monthly salary?
An employee earns R102,000. After a R6,000 increment, what is their new monthly salary?
R9,000
How are wages typically paid?
How are wages typically paid?
Weekly to workers
In the scale 96,000 x 6,000 – 108,000 x 9,000 – 126,000, when does the increment change?
In the scale 96,000 x 6,000 – 108,000 x 9,000 – 126,000, when does the increment change?
At R108,000
Starting at R96,000 with a R6,000 increment, what is the Year 2 monthly salary?
Starting at R96,000 with a R6,000 increment, what is the Year 2 monthly salary?
R8,500