EXCELCENTRE LEARNING INSTITUTE 061 043 9805
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 061 043 9805
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE
8/18/26, 12:20 PM
LEARNING INSTITUTE Assessment 1: Attempt review
MAC2601-26-S2 Welcome Message Assessment 1
QUIZ
Started on Tuesday, 18 August 2026, 11:13 AM
State Finished
Completed on Tuesday, 18 August 2026, 11:48 AM
Time taken 34 mins 21 secs
Marks 55.00/65.00
Grade 84.62 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
By continuously considering and advising a colleague on potential conflict of interest, the colleague is complying with the
ethical standard relating to ….
a. confidentiality.
b. integrity.
c. subjectivity.
d. credibility.
Question 2
Complete
Mark 1.00 out of 1.00
Over-application (over-recovery) of production overheads means that the …
a. applied overhead cost was greater than the actual overhead cost.
b. budgeted overhead cost was less than the actual overhead cost.
c. budgeted overhead cost was less than the applied overhead cost.
d. applied overhead cost was less than the actual overhead cost.
061 043 9805
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34960185&cmid=1285674 1/14
, EXCELCENTRE
8/18/26, 12:20 PM
LEARNING INSTITUTE Assessment 1: Attempt review
Question 3
Complete
Mark 1.00 out of 1.00
A point where the generated sales covers fixed and variable costs with zero profit is referred to as ...
a. Break-even- point
b. Contribution margin
c. Cost behaviour
d.
Margin of safety
Question 4
Complete
Mark 1.00 out of 1.00
Costs of salaries, wages and benefits paid to the people employed in the manufacturing section of the entity, is called …………
a. Material costs
b. Labour costs
c. Marketing costs
d. Overhead costs
Question 5
Complete
Mark 1.00 out of 1.00
A manufacturing company uses direct labour cost as a basis for determining its predetermined overhead recovery rate. In
calculating the predetermined overhead recovery rate for the past year, the company misclassified a portion of direct labour
cost as indirect labour cost. This misclassification will …
a. overstate the predetermined overhead recovery rate.
b. It is impossible to tell if there will be any effect, based on the information provided.
c. have no effect on the predetermined overhead recovery rate
d. understate the predetermined overhead recovery rate.
061 043 9805
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34960185&cmid=1285674 2/14
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 061 043 9805
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENT
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE
8/18/26, 12:20 PM
LEARNING INSTITUTE Assessment 1: Attempt review
MAC2601-26-S2 Welcome Message Assessment 1
QUIZ
Started on Tuesday, 18 August 2026, 11:13 AM
State Finished
Completed on Tuesday, 18 August 2026, 11:48 AM
Time taken 34 mins 21 secs
Marks 55.00/65.00
Grade 84.62 out of 100.00
Question 1
Complete
Mark 1.00 out of 1.00
By continuously considering and advising a colleague on potential conflict of interest, the colleague is complying with the
ethical standard relating to ….
a. confidentiality.
b. integrity.
c. subjectivity.
d. credibility.
Question 2
Complete
Mark 1.00 out of 1.00
Over-application (over-recovery) of production overheads means that the …
a. applied overhead cost was greater than the actual overhead cost.
b. budgeted overhead cost was less than the actual overhead cost.
c. budgeted overhead cost was less than the applied overhead cost.
d. applied overhead cost was less than the actual overhead cost.
061 043 9805
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34960185&cmid=1285674 1/14
, EXCELCENTRE
8/18/26, 12:20 PM
LEARNING INSTITUTE Assessment 1: Attempt review
Question 3
Complete
Mark 1.00 out of 1.00
A point where the generated sales covers fixed and variable costs with zero profit is referred to as ...
a. Break-even- point
b. Contribution margin
c. Cost behaviour
d.
Margin of safety
Question 4
Complete
Mark 1.00 out of 1.00
Costs of salaries, wages and benefits paid to the people employed in the manufacturing section of the entity, is called …………
a. Material costs
b. Labour costs
c. Marketing costs
d. Overhead costs
Question 5
Complete
Mark 1.00 out of 1.00
A manufacturing company uses direct labour cost as a basis for determining its predetermined overhead recovery rate. In
calculating the predetermined overhead recovery rate for the past year, the company misclassified a portion of direct labour
cost as indirect labour cost. This misclassification will …
a. overstate the predetermined overhead recovery rate.
b. It is impossible to tell if there will be any effect, based on the information provided.
c. have no effect on the predetermined overhead recovery rate
d. understate the predetermined overhead recovery rate.
061 043 9805
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=34960185&cmid=1285674 2/14
