Resource Description

This product contains a downloadable Grade 7 EMS test and memo for the June test series – Paper 1.

Section A:  Short questions

  • Question 1: Complete the statements.
  • Question 2: Match column A to B.
  • Question 3:  Say if the following is True or False.

Section B:  The Economy

  • Question 4: Complete the table.

Section C:  Financial literacy

  • Question 5: Classify the following as assets, liabilities or expenses.
  • Question 6: Complete the budget.
  • Question 7: Answer the questions (Financial records).

Section D:  Entrepreneurship

  • Question 8: Indicate the type of business.



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