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Exam (elaborations)

FIN2603 assignment 1 semester 2 due on 30 august 2023

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this document contains the multiple attempts and solutions to fin2603 assignment 1 semester 2 2023, using this document will ensure that you get a distinction 90% plus. kindly contact us on watsapp 2 should you require further assistance

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Uploaded on
August 3, 2023
File latest updated on
August 13, 2023
Number of pages
42
Written in
2023/2024
Type
Exam (elaborations)
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8/13/23, 9:49 PM Assessment 1: Attempt review



Started on Sunday, 13 August 2023, 9:26 PM
State Finished
Completed on Sunday, 13 August 2023, 9:49 PM
Time taken 22 mins 44 secs

Question 1
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Finance can be defined as the ...

Select one:
a. science of the production, distribution and consumption of wealth.
b. art of merchandising products and services.
c. system of debits and credits.
d. art and science of managing money.




Question 2
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Marked out of 1.00




Any organisation that is managed in accordance with business principles should be able to ensure its survival
because it will ...

Select one:
a. plan its cash inflows and outflows by means of a cash budget.
b. maximise its revenue from sales and control its expenses.
c. keep its cost of financing as low as possible.
d. undertake all the above-mentioned financial measures.




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