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Exam (elaborations)

MAC3701 ASSIGNMENT 1 QUESTIONS AND ANSWERS GRADED A+
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10

March 2025

2024/2025

A+
MAC3701 ASSIGNMENT 1 QUESTIONS AND ANSWERS GRADED A+ Read the following: You have been appointed by the Department of Environment, Forestry and Fisheries to inspect and evaluate the severity of air pollution, specifically within the Mpumalanga Province of South Africa. The inspection and evaluation has been requested due to an increase in human health related complaints. Evaluate the following conclusions made and determine the correct conclusion made in the report. 1. ...
leonlangat942
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FINAL EXAM - PRACTICE TEST Mac3701 QUESTIONS WITH CORRECT ANSWERS
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14

September 2024

2024/2025

A+
WHEN CONFIRMING A/P, EMPHASIS SHOULD BE PUT ON WHAT KIND OF ACCOUNT? - Answer-a. ACCOUNTS WITH SMALL OR ZERO BALANCES, PARTICULARLY THOSE WITH A HISTORY OF SIGNIFICANT ACTIVITY. b. All accounts should be equally emphasized. c. Accounts with large balances. d. Accounts listed in the A/P subsidiary. AN AUDITOR TRACED A SAMPLE OF PURCHASE ORDERS AND THE RELATED RECEIVING REPORTS TO THE PURCHASES JOURNAL. THE PURPOSE OF THIS SUBSTANTIVE AUDIT PROCEDURE MOST LIKELY WAS TO: - Answer-a. Identify ...
lectknancy
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Mac3701 Exam Questions with Correct Answers
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11

September 2024

2024/2025

A+
briefly explain what strategic management accounting is - Answer-strategic management accounting is an approach to management accounting that explicitly highlights strategic issues and concerns. - it sets management accounting in a broader context - in which financial information is used to develop superior strategies as a means of achieving a sustainable competitive advantage. briefly explain the significance of the value chain for strategic management accounting - Answer-- allows for analy...
lectknancy
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Managerial Accounting (Mac3701) Exam 1 Multiple Choice Questions and Answers
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6

September 2024

2024/2025

A+
The reporting standard for external financial reports is: a) company-specific. b) generally accepted accounting principles. c) department-specific. d) industry-specific. - Answer-b) generally accepted accounting principles. A manufacturing process requires small amounts of glue. The glue used in the production process is classified as a(n) a) indirect material. b) direct material. c) period cost. d) miscellaneous expense - Answer-a) indirect material. For inve...
lectknancy
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A306 Test 1- Technical Exam Questions with Correct Answers
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7

September 2024

2024/2025

A+
Which of the following statements is false? a. Creditors would be a user of financial accounting information. b. Management accounting information is used to develop budgets. c. Financial accounting information emphasizes decisions for the future. d. Reports based on management accounting information are created when required. - Answer-c. Financial accounting information emphasizes decisions for the future. Which statement best describes management accounting? A. Management accountin...
lectknancy
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Exam (elaborations)

MAC3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 9 September 2024
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5

September 2024

2024/2025

A+
MAC3701 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024 - DUE 9 September 2024 • Absolute cell referencing - Answer-Referencing cells by fixed position in a spreadsheet Absorption Costing - Answer-Method allocating all manufacturing costs to products Accounting Information - Answer-Process of recording financial details like sales, costs, assets, and liabilities. Activity-Based Costing - Answer-Calculating overhead recovery rates using cost drivers Average Cost (AVCO) - Answ...
kartelodoc
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Exam (elaborations)

MAC3701 EXAM AND ANSWERS 2024
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7

August 2024

2024/2025

A+
MAC3701 EXAM AND ANSWERS 2024 According to Merton an integrated society maintains a balance between two elements - ANSWERSsocial structure; culture What specifically refers to shorter processes that use more limited information which relate mainly to the immediate circumstances and situations? - ANSWERSCriminal event decisions Durkheim's work was influential in shifting the analysis of criminality away from sources rooted in the individual to sources rooted in sociocultural factors....
muchiracalorine
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Exam (elaborations)

MAC3701 ASSIGNMENT 2 – SEMESTER 1. QUESTIONS WITH CORRECT AND VERIFIED ANSWERS. LATEST 2024 UPDATE. GUARANTEED A+ GRADE.
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9

April 2024

2023/2024

A+
QUESTION 1 (a) Prepared water availability for 2019 financial year Litres Litres available from supplier 2 400 000 Normal Loss (120 000) Litres Available 2 280 000 Prepared Water Requirements Litres FizzyOrange 323 750 Can 148 500 Buddy 144 000 Jumbo 31 250 FizzyCola 2 098 750 Can 1 138 500 Buddy 945 000 Jumbo 15 250 Total Litres Required 2 422 500 Total Litres availabl...
Creativewriters
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