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Exam (elaborations)

FAC1602 Assignment 5 Semester 1 2024

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FAC1602 Assignment 5 Semester 1 2024

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Institution
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Uploaded on
June 9, 2024
Number of pages
26
Written in
2023/2024
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PROSTUDENT

, 1. UNISA
2. 2024
3. FAC1602-24-S1
4. Welcome Message
5. Assessment 5


QUIZ

Assessment 5
Open course index
Open block drawer
Back




Question 1 Which of the following alternatives represents the correct amount that must be disclosed as proceeds
Answer saved
from loans from members under cash ows from nancing activities section in the statement of cash
Marked out of
1.00 ows for Kroonz Steel CC for the year ended 31 August 2023?
V Flag
question
a. R (133,800)
o b. R (152,000)
o c. R 133,800
@
d. R 152,000
o
Clear my choice




Question 2 1c- Which one of the following alternatives is correct about the main objective of a
Answer saved Statement of Cash Flows?
Marked out of
1.00
© a. It provides information on the cash in ows and out ows during the year.
V Flag
question o b. It provides information primarily on the pro tability from operations.

o c. It offers detailed insights into the entity’s equity changes over the scal year.

o d. It is used to calculate the entity’s tax obligations.

o e. It only details the entity's future nancial expectations.

Clear my choice

, Question 27 2an - Which one of the following alternatives is correct regarding pro tability ratios?
Answer saved
Marked out of
1.00
© a. They provide measures of success in generating comprehensive income.
p
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o b. They compare current assets to long-term liabilities.
question
1--- o c. They indicate how pro table the company's investments are for its debtors.

o d. They measure the entity's long-term nancial stability.

o e. They are primarily concerned with the entity’s ability to pay dividends and
donations.
Clear my choice

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