Time limit:40 mins
Grade to pass: 50.00 out of 100.00
Summary of your previous attempts
Marks / Grade /
25.00 100.00 Review Feedback
Finished 25.00 100.00 You passed this assessment with a distinction.Keep up the good
submittedFriday,11 August 2023 503
Your final grade for this quiz is 100.00/100.00.
Overall feedback
You passed this assessment with a distinction. Keep up the good work.
No more attempts are allowed
Back to the course
, Question 1
Answer saved Time left 0:20:10
Marked out of 1.00
In the financial statements, vehicles will be classified as?
Select one:
a. Current assets
b. Non-current liabilities
c. Non-current assets
d. Current liabilities
Clear my choice
Question 2
Answer saved
Marked out of 2.00
SA Electric (registered VAT vendor), needs to charge fees for the amount of R2 625 (including VAT) to the
client account of Mr A South.
What will the total amount be that should be recorded on the invoice before VAT is added?
Instructions for numeric responses:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
Answer: 2282.61
Grade to pass: 50.00 out of 100.00
Summary of your previous attempts
Marks / Grade /
25.00 100.00 Review Feedback
Finished 25.00 100.00 You passed this assessment with a distinction.Keep up the good
submittedFriday,11 August 2023 503
Your final grade for this quiz is 100.00/100.00.
Overall feedback
You passed this assessment with a distinction. Keep up the good work.
No more attempts are allowed
Back to the course
, Question 1
Answer saved Time left 0:20:10
Marked out of 1.00
In the financial statements, vehicles will be classified as?
Select one:
a. Current assets
b. Non-current liabilities
c. Non-current assets
d. Current liabilities
Clear my choice
Question 2
Answer saved
Marked out of 2.00
SA Electric (registered VAT vendor), needs to charge fees for the amount of R2 625 (including VAT) to the
client account of Mr A South.
What will the total amount be that should be recorded on the invoice before VAT is added?
Instructions for numeric responses:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
Answer: 2282.61
