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Exam (elaborations)

FIN2602 Assignment 2 semester 1 2024

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Uploaded on
April 14, 2024
Number of pages
19
Written in
2023/2024
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Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=175


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2024  FIN2602-24-S1  Welcome Message  Assessment 2


QUIZ




Started on Sunday, 14 April 2024,
10:17 AM
State Finished
Completed on Sunday, 14 April 2024,
11:03 AM
Time taken 46 mins
Marks 20.00/20.00
Grade 100.00 out of 100.00


Question 1

Correct

Mark 1.00 out of 1.00




Which one of the following statements is
correct?


a. Invest �fty percent of your retirement
package in a new business.

b. A business idea should come from
the media.

c. A family business has less problems
than a partnership.

d.
It is relatively easy to transfer the
ownership of a family business to
children (parents
to children).



e. Entrepreneurship is a life skill. 




Your answer is correct.
The correct answer is:
Entrepreneurship is a life skill.




1 of 19 2024/04/14, 11

,Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=175


Question 2 Font size A- A A+ Site color R A A A
Correct

Mark 1.00 out of 1.00




Which one of the following statements is
correct?


a. Assessing the �nancial performance
of an existing business does not
include conducting a feasibility study.

b. The purpose of a �nancial analysis is
not to ascertain to what extent the
business enterprise has achieved its
goals.

c. It requires little effort to replace
current personnel with the
purchaser’s own family members.

d. It is very important to determine 
the possible/precise reasons
why the business is for sale.

e. It is important to replace the current
personnel as soon as possible.




Your answer is correct.

The correct answer is:
It is very important to determine the possible/
precise reasons why the business is for sale.




2 of 19 2024/04/14, 11

,Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=175


Question 3 Font size A- A A+ Site color R A A A
Correct

Mark 1.00 out of 1.00




A franchise package broadly consists of
the following:
(a) the purchase price
(b) the franchise agreement

(c) the operating and procedure manual
(OPM)
(d) a separate document about the
purchaser

(e) training aspects




a. a and b

b. a and c

c. b only

d. b and c

e. b, c and d 




Your answer is correct.

The correct answer is:
b, c and d




3 of 19 2024/04/14, 11

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