FAC1502
Assignment 1
Semester 1
Questions and
Answers 2020
, ASSIGNMENT 01 FOR THE FIRST SEMESTER
DUE DATE: 11 March 2020
UNIQUE NUMBER: 604110 (MULTIPLE-CHOICE QUESTIONS)
Do this assignment on a mark-reading sheet and mail it or submit it through the Unisa Mobile MCQ Application
or myUnisa.
To submit the assignment:
Go into myUnisa with your password.
Choose assessment info.
Choose the module code, FAC1502.
Choose assignment 01, with the unique code 604110.
Choose view at the back of assignment 01.
Create a mark-reading sheet for 15 MCQ’s.
Now choose the correct option from the five options given for each question.
Click on the option chosen in the mark-reading sheet (in front).
Please make sure that the answer in front is the correct option chosen. If you decide that (2) are the
correct option for question 1, you must click on the round block in front of the 2 on the mark-reading
sheet created. A [2] will then appear in the answer block in front.
Submit the assignment after all the questions were answered and you have made sure all the answers
on the mark-reading sheet corresponds with the options you have chosen.
You will receive a message that the assignment was uploaded successfully.
A resubmit button will appear. Only resubmit the assignment if you feel some of the answers is not
correct. Then all the options must be entered again and not just the answers you want to change. If
you do not want to change your original submission, please do not click on the resubmit button
because then all your answers of the first submission will disappear and you will have naught for the
assignment.
1. There are external and internal users of accounting information. Which of the following will be considered
as an external user of accounting information for Gizmo Traders?
(a) Employees, investors and lenders of Gizmo Traders
(b) Investors and lenders of Gizmo Traders as well as government and their agencies.
(c) Management, employees and customers of Gizmo Traders.
(d) The general public, customers of Gizmo Traders and Gizmo Traders suppliers and other trade
creditors.
(e) Employees and lenders of Gizmo Traders as well as the general public.
(1) a,b,c and d.
(2) a,b,c and e.
(3) b and d only.
(4) a and c only.
(5) b, c and d.
2
Assignment 1
Semester 1
Questions and
Answers 2020
, ASSIGNMENT 01 FOR THE FIRST SEMESTER
DUE DATE: 11 March 2020
UNIQUE NUMBER: 604110 (MULTIPLE-CHOICE QUESTIONS)
Do this assignment on a mark-reading sheet and mail it or submit it through the Unisa Mobile MCQ Application
or myUnisa.
To submit the assignment:
Go into myUnisa with your password.
Choose assessment info.
Choose the module code, FAC1502.
Choose assignment 01, with the unique code 604110.
Choose view at the back of assignment 01.
Create a mark-reading sheet for 15 MCQ’s.
Now choose the correct option from the five options given for each question.
Click on the option chosen in the mark-reading sheet (in front).
Please make sure that the answer in front is the correct option chosen. If you decide that (2) are the
correct option for question 1, you must click on the round block in front of the 2 on the mark-reading
sheet created. A [2] will then appear in the answer block in front.
Submit the assignment after all the questions were answered and you have made sure all the answers
on the mark-reading sheet corresponds with the options you have chosen.
You will receive a message that the assignment was uploaded successfully.
A resubmit button will appear. Only resubmit the assignment if you feel some of the answers is not
correct. Then all the options must be entered again and not just the answers you want to change. If
you do not want to change your original submission, please do not click on the resubmit button
because then all your answers of the first submission will disappear and you will have naught for the
assignment.
1. There are external and internal users of accounting information. Which of the following will be considered
as an external user of accounting information for Gizmo Traders?
(a) Employees, investors and lenders of Gizmo Traders
(b) Investors and lenders of Gizmo Traders as well as government and their agencies.
(c) Management, employees and customers of Gizmo Traders.
(d) The general public, customers of Gizmo Traders and Gizmo Traders suppliers and other trade
creditors.
(e) Employees and lenders of Gizmo Traders as well as the general public.
(1) a,b,c and d.
(2) a,b,c and e.
(3) b and d only.
(4) a and c only.
(5) b, c and d.
2
