Financial Documents (Grade 12 NSC Matric Mathematical Literacy): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is a till slip?
What is a till slip?
A receipt proving your purchase
Which item is NOT legally required on a South African till slip?
Which item is NOT legally required on a South African till slip?
Customer's home address
What is the VAT rate in South Africa?
What is the VAT rate in South Africa?
14%
Which of these items is VAT-exempt?
Which of these items is VAT-exempt?
Brown bread
What does an asterisk (*) next to an item on a till slip usually indicate?
What does an asterisk (*) next to an item on a till slip usually indicate?
VAT is included on that item
Calculate the VAT amount on items worth R100 including VAT.
Calculate the VAT amount on items worth R100 including VAT.
R14.00
What is the VAT-exclusive price if the VAT-inclusive price is R114?
What is the VAT-exclusive price if the VAT-inclusive price is R114?
R100.00
If the total is R85.75 and you pay with R100, what change do you receive?
If the total is R85.75 and you pay with R100, what change do you receive?
R14.25
Which section of a till slip contains the shop details and VAT number?
Which section of a till slip contains the shop details and VAT number?
Header section
Which of these grocery items has NO VAT applied?
Which of these grocery items has NO VAT applied?
Eggs