Mac2601 Assignment 6 semester 1 2023

6/9/23, 1:59 AM Assessment 6 (page 2 of 4)


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Question 6
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You are currently employed as a management accountant in a mining company. You are considering whether to stay in your current
employment, or to resign and start your own consulting practice. Your salary would be a ____ for the own practice alternative.



a. avoidable cost

b. opportunity cost

c. sunk cost

d. irrelevant income

Clear my choice




Question 7
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The use of the First-In-First-Out method of inventory valuation results in ______.



a. the highest reported net income in a time of falling prices.

b. the most current costs in ending inventory.

c. the lowest reported net income in a time of rising prices.

d. a matching of current inventory costs against sales revenue.

Clear my choice




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,6/9/23, 1:59 AM Assessment 6 (page 2 of 4)

Question 8
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Under a job costing system, when a job is completed, the job account is closed and the total accumulated cost for that job is transferred
Dashboard / Courses / UNISA / 2023 / Semester 1 / MAC2601-23-S1 / Welcome Message / Assessment 6
from Work-in-Progress to the …




a.
Finished goods account



b. Revenue account



c. Time left 0:46:41
Overheads account



d. Material account



Clear my choice




Question 9
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________ is the information that should be considered to choose the best alternative.



a. The plan of the organisation

b. Integrated leadership

c. Relevant information

d. The financial statements of the organisation

Clear my choice




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, 6/9/23, 1:59 AM Assessment 6 (page 2 of 4)

Question 10
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Marked out of 2.00Make a note of any responses entered on this page in the last few minutes, then try to re-connect.

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Your friend from another university has approached you to write her assessment for management accounting on her behalf as the
Dashboard / Courses / UNISA / 2023 / Semester 1 / MAC2601-23-S1 / Welcome Message / Assessment 6
assessment will be written online and un-invigilated. She also offered to pay you R1 000 for this. What will you classify your friend’s
behaviour as, and will you accept the task?




a. None of the other options

b. Acceptable action and yes, I will accept the task because of a financial need



c. Academic misconduct and no, I will not accept the task

d.
Proper behaviour and yes, I will accept the task because of a financial need



Clear my choice




◄ ACTIVITY 18.2 - Quiz

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