MNB1601-25-S2 Welcome to MNB1601! Assessment 2
QUIZ
Started on Wednesday, 10 September 2025, 7:01 PM
State Finished
Completed on Wednesday, 10 September 2025, 7:32 PM
Time taken 31 mins 47 secs
Marks 22.00/30.00
Grade 73.33 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following options best describe the planning of the purchasing and supply function?
Select one:
a. Managing the purchasing and supply function for the future.
b. Managing the internal organisation of the purchasing and supply function.
c. Managing the place of the purchasing and supply function in the organisation.
d. Ensuring that purchasing and supply objectives are pursued within acceptable standards.
The correct answer is: Managing the purchasing and supply function for the future.
Question 2
Correct
Mark 1.00 out of 1.00
__________ involves the sale of debtors and is strictly speaking not considered borrowing.
Select one:
a. Bank overdrafts
b. Preference shares
c. Debtor finance
d. Accruals
The correct answer is: Debtor finance
, Question 3
Correct
Mark 1.00 out of 1.00
Zanele is the financial manager at Brophy and Associates. She is busy compiling the financial statements to present to the
board. Which one of the following financial statements will be used to present the capital structure of Brophy and
Associates?
Select one:
a. The statement of financial position
b. The statement of financial performance
c. The cash budget
d. The liquidity ratios’ report
The correct answer is: The statement of financial position
Question 4
Correct
Mark 1.00 out of 1.00
A jeweller is an example of a ___________ system.
Select one:
a. project
b. jobbing
c. job-lot
d. repetitive
The correct answer is: jobbing
Question 5
Correct
Mark 1.00 out of 1.00
The Cure Day Hospital Somerset West is a new state-of-the-art healthcare facility in the Helderberg area offering same-day
surgical procedures by qualified doctors and assisted by dedicated and qualified nursing staff. The dental surgeon at Cure
Day Hospital is classified as which kind of operational process?
Select one:
a. Professional service
b. Service shop
c. Mass service
d. Batch service
The correct answer is: Professional service
QUIZ
Started on Wednesday, 10 September 2025, 7:01 PM
State Finished
Completed on Wednesday, 10 September 2025, 7:32 PM
Time taken 31 mins 47 secs
Marks 22.00/30.00
Grade 73.33 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following options best describe the planning of the purchasing and supply function?
Select one:
a. Managing the purchasing and supply function for the future.
b. Managing the internal organisation of the purchasing and supply function.
c. Managing the place of the purchasing and supply function in the organisation.
d. Ensuring that purchasing and supply objectives are pursued within acceptable standards.
The correct answer is: Managing the purchasing and supply function for the future.
Question 2
Correct
Mark 1.00 out of 1.00
__________ involves the sale of debtors and is strictly speaking not considered borrowing.
Select one:
a. Bank overdrafts
b. Preference shares
c. Debtor finance
d. Accruals
The correct answer is: Debtor finance
, Question 3
Correct
Mark 1.00 out of 1.00
Zanele is the financial manager at Brophy and Associates. She is busy compiling the financial statements to present to the
board. Which one of the following financial statements will be used to present the capital structure of Brophy and
Associates?
Select one:
a. The statement of financial position
b. The statement of financial performance
c. The cash budget
d. The liquidity ratios’ report
The correct answer is: The statement of financial position
Question 4
Correct
Mark 1.00 out of 1.00
A jeweller is an example of a ___________ system.
Select one:
a. project
b. jobbing
c. job-lot
d. repetitive
The correct answer is: jobbing
Question 5
Correct
Mark 1.00 out of 1.00
The Cure Day Hospital Somerset West is a new state-of-the-art healthcare facility in the Helderberg area offering same-day
surgical procedures by qualified doctors and assisted by dedicated and qualified nursing staff. The dental surgeon at Cure
Day Hospital is classified as which kind of operational process?
Select one:
a. Professional service
b. Service shop
c. Mass service
d. Batch service
The correct answer is: Professional service
