MAC2601 ASSIGNMENT 1 FOR 2024 - Distinction obtained

MAC2601
ASSIGNMENT 1 FOR 2024




FEND TUTORIALS

, Started on Monday, 25 March 2024, 9:22 AM
State Finished
Completed on Monday, 25 March 2024, 9:57 AM
Time taken 34 mins 42 secs
Marks 32.00/40.00
Grade 80.00 out of 100.00


Question 1
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Costs that vary, in total, in direct proportion and in the same direction as the output, is called ……


a.
Mixed costs


b.
Fixed costs


c.
Stepped costs


d.
Variable costs

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Question 2
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The management accountant must keep financial information … and should never be tempted to use
this information for personal gain.


a.
in the public domain



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, b.
standard


c.
available


d.
confidential

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Question 3
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King IV™ recommends integrated reporting on the use of the six capitals ….


(I) financial, manufactured, intellectual, human, social and relationship, and natural.
(II) financial, manufactured, intellectual, environmental, social and relationship, and natural.
(III) financial, manufactured, intellectual, environmental, social, and economical.




a.
(I) only.


b.
None of the options.


c.
(I), (II) and (III).


d.
(I) and (II) only.

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Question 4
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