UNISA 2023 MAC2602-23-S2 Welcome Message Assessment 2
QUIZ
Started on Thursday, 7 September 2023, 8:36 AM
State Finished
Completed on Thursday, 7 September 2023, 9:36 AM
Time taken 1 hour
Marks 42.00/50.00
Grade 84.00 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Which of the following is referred to when reference is made of the financial leverage effect?
(a) When a business is in its growth phase, the investors/owners have a choice of increasing their stake in the business by
personally supplying additional funds or raising equity by inviting new owners to invest in the business.
(b) The return for equity holders increases when expansion in the company is funded by debt – up to the optimal debt: equity
ratio.
(c) The way a company’s assets are financed.
(d) The measure of the return generated on all the assets employed in the company.
Select one:
a. The measure of the return generated on all the assets employed in the company.
b. When a business is in its growth phase, the investors/owners have a choice of increasing their stake in the business
by personally supplying additional funds or raising equity by inviting new owners to invest in the business.
c. The way a company’s assets are financed.
d. The return for equity holders increases when expansion in the company is funded by debt – up to the optimal
debt: equity ratio.
, Question 2
Correct
Mark 2.00 out of 2.00
Apply your knowledge about pricing strategies and select the explanation that best describes selective pricing.
(a) The setting of a low selling price for a product or service to gain market share.
(b) The setting of high selling prices for unique products, thereby maximising short-term profits.
(c) The setting of the selling price for a product or service on the perceived value to the customer.
(d) The setting of different selling prices for the same product or service in different markets.
Select one:
a. The setting of different selling prices for the same product or service in different markets.
b. The setting of high selling prices for unique products, thereby maximising short-term profits.
c. The setting of the selling price for a product or service on the perceived value to the customer.
d. The setting of a low selling price for a product or service to gain market share.
Question 3
Correct
Mark 2.00 out of 2.00
The role of financial managers shifted from being scorekeepers. What became the new focus of financial managers after this
shift?
(a) The acquiring of funds as well as the use of these funds by applying general management principles.
(b) The planning, organising and control of the financial activities of a business.
(c) The management and control of money and money-related operations within a business.
(d) To contribute with his/her financial knowledge and skills towards the long-term creation of sustainable wealth for the
owners/investors of the business.
Select one:
a. The planning, organising and control of the financial activities of a business.
b. The management and control of money and money-related operations within a business.
c. To contribute with his/her financial knowledge and skills towards the long-term creation of sustainable wealth for
the owners/investors of the business.
d. The acquiring of funds as well as the use of these funds by applying general management principles.
QUIZ
Started on Thursday, 7 September 2023, 8:36 AM
State Finished
Completed on Thursday, 7 September 2023, 9:36 AM
Time taken 1 hour
Marks 42.00/50.00
Grade 84.00 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Which of the following is referred to when reference is made of the financial leverage effect?
(a) When a business is in its growth phase, the investors/owners have a choice of increasing their stake in the business by
personally supplying additional funds or raising equity by inviting new owners to invest in the business.
(b) The return for equity holders increases when expansion in the company is funded by debt – up to the optimal debt: equity
ratio.
(c) The way a company’s assets are financed.
(d) The measure of the return generated on all the assets employed in the company.
Select one:
a. The measure of the return generated on all the assets employed in the company.
b. When a business is in its growth phase, the investors/owners have a choice of increasing their stake in the business
by personally supplying additional funds or raising equity by inviting new owners to invest in the business.
c. The way a company’s assets are financed.
d. The return for equity holders increases when expansion in the company is funded by debt – up to the optimal
debt: equity ratio.
, Question 2
Correct
Mark 2.00 out of 2.00
Apply your knowledge about pricing strategies and select the explanation that best describes selective pricing.
(a) The setting of a low selling price for a product or service to gain market share.
(b) The setting of high selling prices for unique products, thereby maximising short-term profits.
(c) The setting of the selling price for a product or service on the perceived value to the customer.
(d) The setting of different selling prices for the same product or service in different markets.
Select one:
a. The setting of different selling prices for the same product or service in different markets.
b. The setting of high selling prices for unique products, thereby maximising short-term profits.
c. The setting of the selling price for a product or service on the perceived value to the customer.
d. The setting of a low selling price for a product or service to gain market share.
Question 3
Correct
Mark 2.00 out of 2.00
The role of financial managers shifted from being scorekeepers. What became the new focus of financial managers after this
shift?
(a) The acquiring of funds as well as the use of these funds by applying general management principles.
(b) The planning, organising and control of the financial activities of a business.
(c) The management and control of money and money-related operations within a business.
(d) To contribute with his/her financial knowledge and skills towards the long-term creation of sustainable wealth for the
owners/investors of the business.
Select one:
a. The planning, organising and control of the financial activities of a business.
b. The management and control of money and money-related operations within a business.
c. To contribute with his/her financial knowledge and skills towards the long-term creation of sustainable wealth for
the owners/investors of the business.
d. The acquiring of funds as well as the use of these funds by applying general management principles.