Earning Money
A payment for a week’s work, calculated on an hourly basis
What is a wage
Net pay is calculated by
What is Gross pay - deductions
2 x 7 + 4
What is 18
Buying on terms means:
What is paying a deposit and paying instalments (often monthly) until the terms are met.
A survey is taken to see how many male and female students are in a school the results can be classified as
What is categorical / Nominal
What does this equation find
17.5% x normal weekly pay x number of weeks leave
What is Holiday loading
Taxable income is
What is Gross income – Allowable tax deductions
80% of 90
What is 72
When buying on finance the total cost is
What is Deposit + Total repayments
The distance a group of athletes jump in long jump is recorded the resulting data is classified as
What is continuous data
Piecework is
What is Number of units of work × Amount paid per unit
work-related expenses, self-education expenses, travel expenses – costs of travel directly connected with your work, car expenses, clothing expenses, tools, gifts and donations are
What is allowable tax deductions
22 + 92
What is 85
When calculating stamp duty the first thing you do is
What is Round up the cost of the vehicle to the nearest $100 (per $100), $200 (per $200) etc.
The results of a test can be classified as
What is ordinal data
You get a percentage of the value of a good sold
What is a commission
Which tax bracket applies to someone earning $80,000 a year
What is C
If a shirt is $50 before GST is added what is the price with GST?
What is $55
Fuel consumption is measured by
What is Amount of fuel (L) × 100 divided by Distance travelled (km)
The most popular brand of shoe is classified as
What is nominal data
People who receive a pension, allowance or benefit from the government
What is a government payment
If someone has payed $6,734 in tax but only owe the tax office $6,233 is this tax owing or a tax refund
What is tax refund
If a pair of boots is $178 including GST what is the pre-GST price?
What is $161.82
What are 4 expenses you can find in a personal budget
What are clothing, gifts, groceries, insurance, loan repayments, car, phone, power, rates, recreation
The results of a questionaire (yes or no)