BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
Dashboard Calendar
Dashboard / My courses / FAC2602-25-S1 / Welcome Message / Assessment 1
Started on Tuesday, 25 March 2025, 12:43 PM
State Finished
Completed on Tuesday, 25 March 2025, 1:55 PM
Time taken 1 hour 15 mins
Question 1
Complete
Marked out of 1
Assuming Mubereki Limited controlled 90% of Mwana Limited, what is the disclosure amount for revaluation reserve of land and
buildings in the consolidated statement of financial position for 30 June 2025:
1. R74 000
2. R69 200
3. R71 600
4. R50 000
Question 2
Complete
Marked out of 1
What does the Plant and equipment in the Mubereki Limited Group consolidated statement of financial position for 30 June 2025
amount to:
1. R246 000
2. R130 000
3. R280 000
4. R170 000
, Question 3
Complete
Marked out of 1
Dashboard Calendar
What does the non-controlling interest portion of the retained earnings in Mubereki Limited Group consolidated statement of
Dashboard / My courses
financial position / FAC2602-25-S1
at 30 June / Welcome Message / Assessment 1
2025 amount to:
1. R11 000
2. R103 120
3. R25 000
4. R114 000
Question 4
Complete
Marked out of 1
Why is the investment in a subsidiary eliminated during consolidation?
1. To simplify the consolidation process.
2. To recognize the parent companys full ownership in the subsidiary.
3. To increase the parent companys reported assets.
4. To avoid double counting the subsidiarys net assets.
Question 5
Complete
Marked out of 1
The Inventories in the consolidated statement of financial position amounts to:
1. R 95 200
2. R 34 000
3.
R 68 000
4. R102 000
BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
BOOK NEXT ASSIGNMENT AND TEST ON WHATSAPP 0645167275
Dashboard Calendar
Dashboard / My courses / FAC2602-25-S1 / Welcome Message / Assessment 1
Started on Tuesday, 25 March 2025, 12:43 PM
State Finished
Completed on Tuesday, 25 March 2025, 1:55 PM
Time taken 1 hour 15 mins
Question 1
Complete
Marked out of 1
Assuming Mubereki Limited controlled 90% of Mwana Limited, what is the disclosure amount for revaluation reserve of land and
buildings in the consolidated statement of financial position for 30 June 2025:
1. R74 000
2. R69 200
3. R71 600
4. R50 000
Question 2
Complete
Marked out of 1
What does the Plant and equipment in the Mubereki Limited Group consolidated statement of financial position for 30 June 2025
amount to:
1. R246 000
2. R130 000
3. R280 000
4. R170 000
, Question 3
Complete
Marked out of 1
Dashboard Calendar
What does the non-controlling interest portion of the retained earnings in Mubereki Limited Group consolidated statement of
Dashboard / My courses
financial position / FAC2602-25-S1
at 30 June / Welcome Message / Assessment 1
2025 amount to:
1. R11 000
2. R103 120
3. R25 000
4. R114 000
Question 4
Complete
Marked out of 1
Why is the investment in a subsidiary eliminated during consolidation?
1. To simplify the consolidation process.
2. To recognize the parent companys full ownership in the subsidiary.
3. To increase the parent companys reported assets.
4. To avoid double counting the subsidiarys net assets.
Question 5
Complete
Marked out of 1
The Inventories in the consolidated statement of financial position amounts to:
1. R 95 200
2. R 34 000
3.
R 68 000
4. R102 000
