THE BMZ ACADEMY
THE BMZ ACADEMY
053 8213
BMZ ACADEMY 061 262 1185/068 053 8213Page 1 of 13
,THE BMZ ACADEMY 2026
8/8/26, 11:37 AM Assessment 2: Attempt review
FIN2601-26-S2 Welcome Message Assessment 2
QUIZ
Started on Saturday, 8 August 2026, 11:01 AM
State Finished
Completed on Saturday, 8 August 2026, 11:36 AM
Time taken 34 mins 31 secs
Question 1
Complete
Marked out of 1.00
Which one of the following best explains why the choice of legal form of business organisation is an important financial
decision?
1.
It affects only the name under which the business trades.
2.
It influences owners’ risk, the ability to raise funds and how profits are taxed.
3.
It determines only the number of employees that the business may appoint.
4.
It affects only the type of products that the business may sell.
MORE INFO 061 262 1185/068 053 8213
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34541609&cmid=1294820 1/11
,THE BMZ ACADEMY 2026
8/8/26, 11:37 AM Assessment 2: Attempt review
Question 2
Complete
Marked out of 1.00
Which one of the following statements best describes characteristics likely to be found in agency relationships?
1.
An agent will find it relatively easy to achieve the best interests of the principal in most agency relationships.
2.
It is necessary to monitor an agent extensively, even where the agent voluntarily assumes the imposition of high
bonding costs.
3.
Agents who are highly bonded will be expected to try to maximise the returns of their principal and also seek returns
for themselves.
4.
Agents will often not provide sufficient signalling to principals. It is mainly this factor that results in principals’
finding it necessary to engage in and pay for monitoring.
Question 3
Complete
Marked out of 1.00
Which one of the following best describes a capital market?
1.
It involves a financial relationship created by institutions and arrangements that allow suppliers and demanders of
short-term funds to make transactions.
2.
It is an intangible market for the purchase and sale of securities not listed on organised exchanges.
3.
It is a market that allocates funds to their most productive uses because of competition among wealth-maximising
investors.
4.
It involves a financial relationship created by institutions and arrangements that allow suppliers and demanders of
long-term funds to make transactions.
MORE INFO 061 262 1185/068 053 8213
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, THE BMZ ACADEMY 2026
8/8/26, 11:37 AM Assessment 2: Attempt review
Question 4
Complete
Marked out of 1.00
Lorelei has used her credit card to borrow R6 200 to purchase furnishings. The monthly compound interest rate is 14,9%.
How long will it take her to pay off this debt if she does not make any other purchases and makes regular monthly payments
of R120?
1.
3,40 years
2.
5,87 years
3.
6,93 years
4.
7,23 years
Question 5
Complete
Marked out of 1.00
Harrison Warner borrowed R12 000 at a rate of 9% and must repay it in four equal instalments at the end of each year over
the next four years. How much would he still owe at the end of the first year, after he has made the first payment?
1.
R 7 636,79
2.
R 8 461,82
3.
R 9 375,98
4.
R10 907,18
MORE INFO 061 262 1185/068 053 8213
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34541609&cmid=1294820 3/11
THE BMZ ACADEMY
053 8213
BMZ ACADEMY 061 262 1185/068 053 8213Page 1 of 13
,THE BMZ ACADEMY 2026
8/8/26, 11:37 AM Assessment 2: Attempt review
FIN2601-26-S2 Welcome Message Assessment 2
QUIZ
Started on Saturday, 8 August 2026, 11:01 AM
State Finished
Completed on Saturday, 8 August 2026, 11:36 AM
Time taken 34 mins 31 secs
Question 1
Complete
Marked out of 1.00
Which one of the following best explains why the choice of legal form of business organisation is an important financial
decision?
1.
It affects only the name under which the business trades.
2.
It influences owners’ risk, the ability to raise funds and how profits are taxed.
3.
It determines only the number of employees that the business may appoint.
4.
It affects only the type of products that the business may sell.
MORE INFO 061 262 1185/068 053 8213
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34541609&cmid=1294820 1/11
,THE BMZ ACADEMY 2026
8/8/26, 11:37 AM Assessment 2: Attempt review
Question 2
Complete
Marked out of 1.00
Which one of the following statements best describes characteristics likely to be found in agency relationships?
1.
An agent will find it relatively easy to achieve the best interests of the principal in most agency relationships.
2.
It is necessary to monitor an agent extensively, even where the agent voluntarily assumes the imposition of high
bonding costs.
3.
Agents who are highly bonded will be expected to try to maximise the returns of their principal and also seek returns
for themselves.
4.
Agents will often not provide sufficient signalling to principals. It is mainly this factor that results in principals’
finding it necessary to engage in and pay for monitoring.
Question 3
Complete
Marked out of 1.00
Which one of the following best describes a capital market?
1.
It involves a financial relationship created by institutions and arrangements that allow suppliers and demanders of
short-term funds to make transactions.
2.
It is an intangible market for the purchase and sale of securities not listed on organised exchanges.
3.
It is a market that allocates funds to their most productive uses because of competition among wealth-maximising
investors.
4.
It involves a financial relationship created by institutions and arrangements that allow suppliers and demanders of
long-term funds to make transactions.
MORE INFO 061 262 1185/068 053 8213
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34541609&cmid=1294820 2/11
, THE BMZ ACADEMY 2026
8/8/26, 11:37 AM Assessment 2: Attempt review
Question 4
Complete
Marked out of 1.00
Lorelei has used her credit card to borrow R6 200 to purchase furnishings. The monthly compound interest rate is 14,9%.
How long will it take her to pay off this debt if she does not make any other purchases and makes regular monthly payments
of R120?
1.
3,40 years
2.
5,87 years
3.
6,93 years
4.
7,23 years
Question 5
Complete
Marked out of 1.00
Harrison Warner borrowed R12 000 at a rate of 9% and must repay it in four equal instalments at the end of each year over
the next four years. How much would he still owe at the end of the first year, after he has made the first payment?
1.
R 7 636,79
2.
R 8 461,82
3.
R 9 375,98
4.
R10 907,18
MORE INFO 061 262 1185/068 053 8213
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34541609&cmid=1294820 3/11
