UNISA 2023 MAC2602-23-S2 Welcome Message Assessment 4
QUIZ
Started on Friday, 6 October 2023, 8:59 AM
State Finished
Completed on Friday, 6 October 2023, 9:47 AM
Time taken 48 mins 47 secs
Marks 41.00/50.00
Grade 82.00 out of 100.00
Question 1
Incorrect
Mark 0.00 out of 2.00
Which ONE of the following ratios measures an organisation’s ability to make its dividend payments to the shareholders.
(a) Dividend yield.
(b) Price/earnings ratio.
(c) Dividend cover ratio.
(d) Dividend pay-out ratio.
Select one:
a. Price/earnings ratio.
b. Dividend yield.
c. Dividend pay-out ratio.
d. Dividend cover ratio.
Question 2
Incorrect
Mark 0.00 out of 2.00
What term is used to describe the specific currency risk when an organisation is exposed to the effect of short-term currency
changes in settlement values?
(a) Political risk.
(b) Economic risk.
(c) Translation risk.
(d) Transaction risk.
Select one:
a. Economic risk.
b. Translation risk.
c. Political risk.
d. Transaction risk.
,Question 3
Correct
Mark 2.00 out of 2.00
Select the combination of the following statements that are all relating to external environmental factors that can affect
organisations’ strategy.
(1) Inflation policies
(2) Monetary policies
(3) New technologies
(4) Change in employees’ attitude to work.
(a) Alternatives (1), (2) and (3)
(b) Alternatives (2), (3) and (4)
(c) Alternatives (1), (2) and (4)
(d) Alternatives (1), (2), (3) and (4)
Select one:
a. Alternatives (1), (2) and (3)
b. Alternatives (2), (3) and (4)
c. Alternatives (1), (2) and (4)
d. Alternatives (1), (2), (3) and (4)
Question 4
Correct
Mark 2.00 out of 2.00
Select the statements that are all FALSE.
(1) The management of working capital only entails that the balances of current assets and current liabilities be controlled.
(2) The management of inventory entails only that there should be enough inventory available to sustain operations.
(3) Keeping surplus cash to pay suppliers is an example of keeping cash for possible obligations.
(4) Costs that are associated with placing an order, the physical receipt of the products ordered as well as receiving the
payment are classified as ordering costs.
(5) Storage cost, insurance cost on stored inventory, costs of stock that becomes obsolete and should be written off, as well
as opportunity cost are all classified as the cost of holding inventory.
(a) Statements (3), (4) and (5)
(b) Statements (1), (2) and (3)
(c) Statements (3), (4) and (5)
(d) Statements (2), (3) and (4)
Select one:
a. Statements (1), (2) and (3)
b. Statements (2), (3) and (4)
c. Statements (3), (4) and (5)
d. Statements (3), (4) and (5)
, Question 5
Incorrect
Mark 0.00 out of 2.00
Home Brew is a newly established brewery in South Africa. They are brewing unique “craft” beer. They plan to establish
themselves as a leader in the South African beer industry. They identified their main risk objectives according to the COSO risk
management framework. From the following list, select all the correct main risk objectives to be identified by Home Brew.
(1) Operations – To produce and deliver high quality beer in an effective, efficient, and timely way.
(2) Compliance – To conform to all legislative requirements for licensing, production, distribution, advertising, taxation, labour
relations etcetera.
(3) Reporting – Providing timely and reliable information aligned with reporting standards and best practices to enable
stakeholders to analyse data and make sound business decisions.
(4) Strategic – High level goals and related risks that are aligned with the organisation’s mission and strategic objectives to
establish themselves as a leader in the South African beer industry.
a) Statements (1), (2) and (3)
b) Statements (2), (3) and (4)
c) Statements (1), (2) and (4)
d) Statements (1), (2), (3) and (4)
Select one:
a. Statements (1), (2) and (3)
b. Statements (1), (2), (3) and (4)
c. Statements (2), (3) and (4)
d. Statements (1), (2) and (4)
QUIZ
Started on Friday, 6 October 2023, 8:59 AM
State Finished
Completed on Friday, 6 October 2023, 9:47 AM
Time taken 48 mins 47 secs
Marks 41.00/50.00
Grade 82.00 out of 100.00
Question 1
Incorrect
Mark 0.00 out of 2.00
Which ONE of the following ratios measures an organisation’s ability to make its dividend payments to the shareholders.
(a) Dividend yield.
(b) Price/earnings ratio.
(c) Dividend cover ratio.
(d) Dividend pay-out ratio.
Select one:
a. Price/earnings ratio.
b. Dividend yield.
c. Dividend pay-out ratio.
d. Dividend cover ratio.
Question 2
Incorrect
Mark 0.00 out of 2.00
What term is used to describe the specific currency risk when an organisation is exposed to the effect of short-term currency
changes in settlement values?
(a) Political risk.
(b) Economic risk.
(c) Translation risk.
(d) Transaction risk.
Select one:
a. Economic risk.
b. Translation risk.
c. Political risk.
d. Transaction risk.
,Question 3
Correct
Mark 2.00 out of 2.00
Select the combination of the following statements that are all relating to external environmental factors that can affect
organisations’ strategy.
(1) Inflation policies
(2) Monetary policies
(3) New technologies
(4) Change in employees’ attitude to work.
(a) Alternatives (1), (2) and (3)
(b) Alternatives (2), (3) and (4)
(c) Alternatives (1), (2) and (4)
(d) Alternatives (1), (2), (3) and (4)
Select one:
a. Alternatives (1), (2) and (3)
b. Alternatives (2), (3) and (4)
c. Alternatives (1), (2) and (4)
d. Alternatives (1), (2), (3) and (4)
Question 4
Correct
Mark 2.00 out of 2.00
Select the statements that are all FALSE.
(1) The management of working capital only entails that the balances of current assets and current liabilities be controlled.
(2) The management of inventory entails only that there should be enough inventory available to sustain operations.
(3) Keeping surplus cash to pay suppliers is an example of keeping cash for possible obligations.
(4) Costs that are associated with placing an order, the physical receipt of the products ordered as well as receiving the
payment are classified as ordering costs.
(5) Storage cost, insurance cost on stored inventory, costs of stock that becomes obsolete and should be written off, as well
as opportunity cost are all classified as the cost of holding inventory.
(a) Statements (3), (4) and (5)
(b) Statements (1), (2) and (3)
(c) Statements (3), (4) and (5)
(d) Statements (2), (3) and (4)
Select one:
a. Statements (1), (2) and (3)
b. Statements (2), (3) and (4)
c. Statements (3), (4) and (5)
d. Statements (3), (4) and (5)
, Question 5
Incorrect
Mark 0.00 out of 2.00
Home Brew is a newly established brewery in South Africa. They are brewing unique “craft” beer. They plan to establish
themselves as a leader in the South African beer industry. They identified their main risk objectives according to the COSO risk
management framework. From the following list, select all the correct main risk objectives to be identified by Home Brew.
(1) Operations – To produce and deliver high quality beer in an effective, efficient, and timely way.
(2) Compliance – To conform to all legislative requirements for licensing, production, distribution, advertising, taxation, labour
relations etcetera.
(3) Reporting – Providing timely and reliable information aligned with reporting standards and best practices to enable
stakeholders to analyse data and make sound business decisions.
(4) Strategic – High level goals and related risks that are aligned with the organisation’s mission and strategic objectives to
establish themselves as a leader in the South African beer industry.
a) Statements (1), (2) and (3)
b) Statements (2), (3) and (4)
c) Statements (1), (2) and (4)
d) Statements (1), (2), (3) and (4)
Select one:
a. Statements (1), (2) and (3)
b. Statements (1), (2), (3) and (4)
c. Statements (2), (3) and (4)
d. Statements (1), (2) and (4)
