Page 1 of 10
MAC3761 TEST 3
JULY 2023
COLLEGE OF ACCOUNTING SCIENCES
DEPARTMENT OF MANAGEMENT ACCOUNTING
TEST 3: 31 July 2023
MAC3761
MANAGEMENT ACCOUNTING III
(40 marks)
2 hours
(Inclusive of 15 minutes download and 30 minutes upload time)
EXAMINATION PANEL AS APPOINTED BY THE DEPARTMENT
CONFIDENTIAL
Use of a non-programmable pocket calculator is permissible.
This is a closed book test.
This test question paper remains the property of the University of South Africa.
___________________________________________________________________________________
THIS PAPER CONSISTS OF TEN (10) PAGES
THIS IS NOT AN OPEN BOOK TEST. YOU ARE NOT ALLOWED TO COPY FROM OR CONSULT ANY
SOURCE, INCLUDING YOUR TEXTBOOK AND TUTORIAL LETTERS. YOU ARE ALSO NOT ALLOWED
TO CONSULT WITH OTHER STUDENTS OR THIRD PARTIES.
TEST QUESTION PAPER - INSTRUCTIONS
PLEASE NOTE:
1. The paper consists of ONE (1) question.
2. All sub-questions must be answered.
3. All calculations must be shown.
4. Each sub-question attempted must commence on a new (separate) page.
5. PROPOSED TIMETABLE FOR WRITING IS GIVEN BELOW (Do not exceed this and do not continue
writing during the upload time!):
Marks Time
(minutes)
Question 1: Strategy and business models; Risk management and
72 + 3 extra
governance; Sources and forms of finance; Capital structure and cost of 40
minutes
capital; Working capital management and Treasury function
TOTAL 40 75
CONFIDENTIAL [TURN OVER]
, Page 2 of 10
MAC3761 TEST 3
JULY 2023
HONESTY DECLARATION
By submitting my solution to the test, I declare that:
• I know what plagiarism is, that plagiarism is wrong and that disciplinary steps can be taken
against me if I am found guilty of plagiarism.
• This solution, submitted by myself, is my own work.
• I have not assisted any other student in any manner, and I have not had the assistance of any
other person, in completing this test.
• I have not consulted any study materials or other resources in completing this test, as this is a
closed-book test.
• I know that if I am found to be in violation of this declaration, I will receive 0% for this test.
Please note: You do not have to sign the declaration. By submitting your solution, you automatically
declare that you adhere to all the above with regards to this specific assessment.
The INVIGILATOR APP
Day of the assessment instructions:
• Ensure you are connected to the internet to log into the Invigilator App and scan this QR code.
• If you encounter difficulty in scanning the QR code, you can alternatively enter the Exam Access
Code below the QR code to start the invigilation.
• You can only scan this QR code once. You should NOT finish the invigilation until your entire
assessment has been completed.
• Only scan the QR code when the assessment formally commences at 08H30.
• The QR code is only scannable for a limited time, and it should therefore be scanned as
soon as possible to start the invigilation.
• Once the QR code is scanned, ensure your media volume is turned up and place your
smartphone next to you. The Invigilator App will notify you with a notification beep when you are
required to action a request, which you should then perform.
• We recommend that you keep your smartphone on charge for the duration of the assessment.
• If you only have one device, you may access your assessment in the application by pressing the
‘Access Exam’ button in the top right corner of your app.
• Keep the Invigilator App open on your cell phone for the full duration of the assessment.
You are not allowed to minimise or leave the app.
• Ensure you are connected to the internet in order to commence the invigilation at the start of the
assessment session at 08:30am as well as right at the end of the session before the assessment
ends. No internet connection is required during the assessment session.
• You must adhere to the assessment time limit as the time displayed in the Invigilator App could
differ from the time allocated to complete your assessment.
• You can click the "Finish Assessment" button in the app if you finish your assessment early.
• If you are performing a written or Scan-and-Upload assessment:
• The Invigilator App may request you to take a picture of every page of your answer sheet at the
end of the assessment. This does NOT replace the normal upload of your script to the
cas.myexams.unisa.ac.za platform on myUnisa.
• After completing invigilation and following all app instructions, you must upload your Invigilation
App data. If, however, there is a delay in the upload of the app data at the end of the assessment,
you should prioritise the upload of your script to the cas.myexams.unisa.ac.za platform on
myUnisa and you can temporarily minimise the app to do so. You can come back and upload
your script on the app after you have successfully uploaded your script on the
cas.myexams.unisa.ac.za platform on myUnisa.
• Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on:
073 505 8273.
CONFIDENTIAL [TURN OVER]
MAC3761 TEST 3
JULY 2023
COLLEGE OF ACCOUNTING SCIENCES
DEPARTMENT OF MANAGEMENT ACCOUNTING
TEST 3: 31 July 2023
MAC3761
MANAGEMENT ACCOUNTING III
(40 marks)
2 hours
(Inclusive of 15 minutes download and 30 minutes upload time)
EXAMINATION PANEL AS APPOINTED BY THE DEPARTMENT
CONFIDENTIAL
Use of a non-programmable pocket calculator is permissible.
This is a closed book test.
This test question paper remains the property of the University of South Africa.
___________________________________________________________________________________
THIS PAPER CONSISTS OF TEN (10) PAGES
THIS IS NOT AN OPEN BOOK TEST. YOU ARE NOT ALLOWED TO COPY FROM OR CONSULT ANY
SOURCE, INCLUDING YOUR TEXTBOOK AND TUTORIAL LETTERS. YOU ARE ALSO NOT ALLOWED
TO CONSULT WITH OTHER STUDENTS OR THIRD PARTIES.
TEST QUESTION PAPER - INSTRUCTIONS
PLEASE NOTE:
1. The paper consists of ONE (1) question.
2. All sub-questions must be answered.
3. All calculations must be shown.
4. Each sub-question attempted must commence on a new (separate) page.
5. PROPOSED TIMETABLE FOR WRITING IS GIVEN BELOW (Do not exceed this and do not continue
writing during the upload time!):
Marks Time
(minutes)
Question 1: Strategy and business models; Risk management and
72 + 3 extra
governance; Sources and forms of finance; Capital structure and cost of 40
minutes
capital; Working capital management and Treasury function
TOTAL 40 75
CONFIDENTIAL [TURN OVER]
, Page 2 of 10
MAC3761 TEST 3
JULY 2023
HONESTY DECLARATION
By submitting my solution to the test, I declare that:
• I know what plagiarism is, that plagiarism is wrong and that disciplinary steps can be taken
against me if I am found guilty of plagiarism.
• This solution, submitted by myself, is my own work.
• I have not assisted any other student in any manner, and I have not had the assistance of any
other person, in completing this test.
• I have not consulted any study materials or other resources in completing this test, as this is a
closed-book test.
• I know that if I am found to be in violation of this declaration, I will receive 0% for this test.
Please note: You do not have to sign the declaration. By submitting your solution, you automatically
declare that you adhere to all the above with regards to this specific assessment.
The INVIGILATOR APP
Day of the assessment instructions:
• Ensure you are connected to the internet to log into the Invigilator App and scan this QR code.
• If you encounter difficulty in scanning the QR code, you can alternatively enter the Exam Access
Code below the QR code to start the invigilation.
• You can only scan this QR code once. You should NOT finish the invigilation until your entire
assessment has been completed.
• Only scan the QR code when the assessment formally commences at 08H30.
• The QR code is only scannable for a limited time, and it should therefore be scanned as
soon as possible to start the invigilation.
• Once the QR code is scanned, ensure your media volume is turned up and place your
smartphone next to you. The Invigilator App will notify you with a notification beep when you are
required to action a request, which you should then perform.
• We recommend that you keep your smartphone on charge for the duration of the assessment.
• If you only have one device, you may access your assessment in the application by pressing the
‘Access Exam’ button in the top right corner of your app.
• Keep the Invigilator App open on your cell phone for the full duration of the assessment.
You are not allowed to minimise or leave the app.
• Ensure you are connected to the internet in order to commence the invigilation at the start of the
assessment session at 08:30am as well as right at the end of the session before the assessment
ends. No internet connection is required during the assessment session.
• You must adhere to the assessment time limit as the time displayed in the Invigilator App could
differ from the time allocated to complete your assessment.
• You can click the "Finish Assessment" button in the app if you finish your assessment early.
• If you are performing a written or Scan-and-Upload assessment:
• The Invigilator App may request you to take a picture of every page of your answer sheet at the
end of the assessment. This does NOT replace the normal upload of your script to the
cas.myexams.unisa.ac.za platform on myUnisa.
• After completing invigilation and following all app instructions, you must upload your Invigilation
App data. If, however, there is a delay in the upload of the app data at the end of the assessment,
you should prioritise the upload of your script to the cas.myexams.unisa.ac.za platform on
myUnisa and you can temporarily minimise the app to do so. You can come back and upload
your script on the app after you have successfully uploaded your script on the
cas.myexams.unisa.ac.za platform on myUnisa.
• Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on:
073 505 8273.
CONFIDENTIAL [TURN OVER]
