Assignment 1 Semester 1 2025
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Due Date: 18 March 2025
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Helpful answers and guidelines
Detailed explanations and/ or calculations
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, UNISA 2025 MAC2601-25-S1 Welcome Message Assessment 1
QUIZ
Started on Friday, 14 March 2025, 10:12 PM
State Finished
Completed on Friday, 14 March 2025, 10:49 PM
Time taken 37 mins 10 secs
Marks 50.00/50.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
The labour turnover rate is best described as the …
a. total number of employees replaced divided by the average
number of employees on the payroll.
b. number of employees recruited each month.
c. degree of mobility of employees from one department to another
department.
d. number of employees who successfully completed the required job
training programme.
Question 2
Correct
Mark 1.00 out of 1.00
The labour turnover rate is best described as the …
a. number of employees recruited each month.
b. degree of mobility of employees from one department to another
department.
c. total number of employees replaced divided by the average
number of employees on the payroll.
d. number of employees who successfully completed the required job
training programme.
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, Question 3
Correct
Mark 1.00 out of 1.00
A point where the generated sales covers fixed and variable costs with zero
profit is referred to as ...
a. Cost behaviour
b. Break-even- point
c. Contribution margin
d.
Margin of safety
Question 4
Correct
Mark 1.00 out of 1.00
An overtime premium is the …
a. overtime rate.
b. additional amount paid over and above the overtime rate for hours
worked in excess of the basic work week.
c. additional amount paid for hours worked in excess of the basic work
week.
d. additional amount paid over and above the normal hourly rate for
hours worked in excess of the basic work week.
Question 5
Correct
Mark 1.00 out of 1.00
A detailed financial plan is known as a …
a. budget.
b. report.
c. strategic performance plan.
d. chart.
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