Background knowledge Learners need to know what income, expenses, and savings are.
Suggested answers 1.1 R450ü + R50ü = R500ü
1.2 R130ü + R110ü + R200ü = R440ü 1.3 R500ü – R440ü = R60ü 1.4 R180ü/R60ü = 3 monthsü 1.5 He has a savings account.üü
Assessment guidelines
• This activity is intended for informal assessment. • Use the suggested memorandum supplied above to assess learners informally. Allocate learners a mark out of 15 and give them feedback on their performance to prepare them for formal assessment.
Activity 5 Prepare a cash budget of a business Learner’s Book page 72 Guidelines to implement this activity
• This is an individual activity. • The learners need a calculator to complete this activity. • Let the learners do one question and mark it with them and then the following question and mark it with them – they use the answer in the first question to go on with the activity.
Background knowledge Learners need to know what income and expenses are.
Suggested answers 1.1 34 500 + 21 800 + 2 000 = 58 300 üüüü
1.2 28 400 + 3 000 + 1 200 + 12 000 + 3 000 = 47 600 üüüüüü 1.3 58 300–47 600 = 10 700 (surplus) üüü 1.4 10 700 + 45 200 = 55 900 üüü
Assessment guidelines
• This activity is intended for informal assessment. • Use the suggested answers supplied above to assess learners informally. • Use the checklist below to assess learners. Give learners feedback on their performance to prepare them for formal assessment.
(4) (6) (3) (3)
Total: 16 marks
(3) (3) (3) (3) (2)
Total: 14 marks
Unit 3: Budgets
9780199052050_OS_Economics_7_TG_CAPS2017.indb 59
59 11/29/17 9:02 AM
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