2/18/25, 3:14 PM Assessment 2: Attempt review
1601-25-S1 Welcome to MNB1601! Assessment 2
QUIZ
Started on Sunday, 2 February
2025, 8:39 AM
State Finished
Completed on Sunday, 2 February
2025, 10:58 AM
Time taken 2 hours 19 mins
Marks 26.00/30.00
Grade 86.67 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
The busiest airspace in Africa is above
Johannesburg. Here we have the O.R
Tambo International Airport (ORTIA)
cooperating with the Rand and Lanseria
airports. Failures in operations processes
at ORTIA can occur at any time. If a
failure occurs because the workers go on
strike because of wage disputes, this can
be classified as a _____________ failure.
Select one:
a. supplier
b. facility
c. customer
d. staff
The correct answer is: staff
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=23672968&cmid=1074724 1/16
,2/18/25, 3:14 PM Assessment 2: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
Moses works for Studio Grant, an interior
design company which also
manufactures custom-made pieces for
clients. He is the purchasing and supply
manager and is responsible for
purchasing the materials required to
produce these bespoke pieces. Which
one of the following options represents
an inventory-ordering cost for Moses?
Select one:
a. Cost of storage
b. Property tax
c. Insurance
d. Stationery
The correct answer is: Stationery
Question 3
Correct
Mark 1.00 out of 1.00
The __________ of IBM consists primarily
of receipts resulting from the sale of its
products and/or services.
Select one:
a. profit
b. income
c. liquidity
d. capital structure
The correct answer is: income
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=23672968&cmid=1074724 2/16
, 2/18/25, 3:14 PM Assessment 2: Attempt review
Question 4
Correct
Mark 1.00 out of 1.00
If a business looks at its activities and
priorities afresh on an annual basis,
which budgeting approach would the
business be using?
Select one:
a. Traditional budgeting
b. Zero-base budgeting
c. Financial budgeting
d. Operating budgeting
The correct answer is: Zero-base
budgeting
Question 5
Correct
Mark 1.00 out of 1.00
_________________ is the ability of the
business to satisfy its short-term
obligations as they become due.
Select one:
a. Solvency
b. Liquidity
c. Profitability
d. Currency
The correct answer is: Liquidity
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=23672968&cmid=1074724 3/16
1601-25-S1 Welcome to MNB1601! Assessment 2
QUIZ
Started on Sunday, 2 February
2025, 8:39 AM
State Finished
Completed on Sunday, 2 February
2025, 10:58 AM
Time taken 2 hours 19 mins
Marks 26.00/30.00
Grade 86.67 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
The busiest airspace in Africa is above
Johannesburg. Here we have the O.R
Tambo International Airport (ORTIA)
cooperating with the Rand and Lanseria
airports. Failures in operations processes
at ORTIA can occur at any time. If a
failure occurs because the workers go on
strike because of wage disputes, this can
be classified as a _____________ failure.
Select one:
a. supplier
b. facility
c. customer
d. staff
The correct answer is: staff
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=23672968&cmid=1074724 1/16
,2/18/25, 3:14 PM Assessment 2: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
Moses works for Studio Grant, an interior
design company which also
manufactures custom-made pieces for
clients. He is the purchasing and supply
manager and is responsible for
purchasing the materials required to
produce these bespoke pieces. Which
one of the following options represents
an inventory-ordering cost for Moses?
Select one:
a. Cost of storage
b. Property tax
c. Insurance
d. Stationery
The correct answer is: Stationery
Question 3
Correct
Mark 1.00 out of 1.00
The __________ of IBM consists primarily
of receipts resulting from the sale of its
products and/or services.
Select one:
a. profit
b. income
c. liquidity
d. capital structure
The correct answer is: income
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=23672968&cmid=1074724 2/16
, 2/18/25, 3:14 PM Assessment 2: Attempt review
Question 4
Correct
Mark 1.00 out of 1.00
If a business looks at its activities and
priorities afresh on an annual basis,
which budgeting approach would the
business be using?
Select one:
a. Traditional budgeting
b. Zero-base budgeting
c. Financial budgeting
d. Operating budgeting
The correct answer is: Zero-base
budgeting
Question 5
Correct
Mark 1.00 out of 1.00
_________________ is the ability of the
business to satisfy its short-term
obligations as they become due.
Select one:
a. Solvency
b. Liquidity
c. Profitability
d. Currency
The correct answer is: Liquidity
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=23672968&cmid=1074724 3/16
