FIN3702 SEMESTER 1 2026 ASSESSMENT 1 ANSWERS.

3/25/26, 12:46 PM Assessment 1




FIN3702-26-S1  Welcome Message  Assessment 1


QUIZ




Question 1

Answer saved

Marked out of 1.00




Which of the following is a source of
cash flows?




1.
Taxes



2.
Depreciation



3.
Interest expenses



4. Cost of goods sold

Clear my choice




Question 2

Answer saved

Marked out of 1.00




A … float is the delay between the receipt
of a check and its actual deposit into the
firm's account.


1. deposit

2. clearing

3. processing

4. disbursement

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=30530228&cmid=1345120 1/15

, 3/25/26, 12:46 PM Assessment 1

Question 3

Answer saved

Marked out of 1.00




In the statement of cash flows, retained
earnings are handled through
adjustments to which two accounts?


1. Revenue and cost

2. Assets and liabilities

3. Net profits and dividends

4. Depreciation and purchases

Clear my choice




Question 4

Not yet answered

Marked out of 1.00




Nedbank Ltd has offered Rice Cookies
Ltd the following in response to a R100
000 one-year loan application, which was
made to the bank. The stated rate was
9% with a 20% compensating balance.
What will the effective annual rate be?


1. 7.00%

2. 8.40%

3. 8.75%

4. 11.25%

Clear my choice




Question 5

Answer saved

Marked out of 1.00




All the following are inflows of cash
EXCEPT …


1. net profit after taxes.

2. an increase in accruals.

3. a decrease in accounts
receivable.

4. an increase in accounts
receivable.

Clear my choice




https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=30530228&cmid=1345120 2/15