Financial Documents and Tariff Systems (Grade 10 NSC Matric Mathematical Literacy): Flashcards
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Definition of tariff
Definition of tariff
Pricing schedule showing pre-determined costs for services
Elements tariff systems combine
Elements tariff systems combine
Unit of measurement, rate per unit, sometimes basic charge
Unit for measuring water usage
Unit for measuring water usage
Kilolitres (kl)
Unit for measuring electricity usage
Unit for measuring electricity usage
Kilowatt-hours (kWh)
Type of pricing structure municipal tariffs use
Type of pricing structure municipal tariffs use
Stepped pricing structure
Two purposes of stepped pricing system
Two purposes of stepped pricing system
Generates revenue & encourages conservation
Formula for telephone cost calculation
Formula for telephone cost calculation
Basic charge + (Rate per second × Number of seconds)
Factors telephone tariffs are based on
Factors telephone tariffs are based on
Distance and time of day
Mobile tariff structure type
Mobile tariff structure type
Contract-based with monthly subscription + variable charges
VAT rate applied to services in South Africa
VAT rate applied to services in South Africa
14%