BMZ ACADEMY
BMZ ACADEMY
@061 262 1185/068 053 8213
BMZ ACADEMY 061 262 1185/068 053 8213
,10/22/24, 9:26 AM Assessment 4 (page 1 of 17)
FAC1602-24-S2 Welcome Message Assessment 4
QUIZ
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Question 1
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What is the primary objective of a statement of cash flows?
a. To predict future sales revenue.
b. To report only the income earned by a business during the year.
c. To provide information about the cash inflows and outflows of a
business during a financial year.
d. To track the changes in equity over the financial period.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23298066&cmid=1008894 1/1
,10/22/24, 9:26 AM Assessment 4 (page 2 of 17)
FAC1602-24-S2 Welcome Message Assessment 4
QUIZ
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Question 2
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In which situation would a branch need to record an entry in the branch
adjustment account?
a. When the branch makes a local purchase
b. When inventory is invoiced at cost price
c. When inventory is returned to the head office
d. When inventory is invoiced at selling price
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23298066&cmid=1008894&page=1 1/1
, 10/22/24, 9:26 AM Assessment 4 (page 3 of 17)
FAC1602-24-S2 Welcome Message Assessment 4
QUIZ
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Question 3
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In the case of inter-branch inventory transfers, which accounts are used?
a. Branch inventory of both receiving and transferring branches
b. Branch inventory and branch trade payables
c. Branch inventory and branch expenses
d. Branch adjustment and branch trade receivables
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23298066&cmid=1008894&page=2 1/1
BMZ ACADEMY
@061 262 1185/068 053 8213
BMZ ACADEMY 061 262 1185/068 053 8213
,10/22/24, 9:26 AM Assessment 4 (page 1 of 17)
FAC1602-24-S2 Welcome Message Assessment 4
QUIZ
Time left 2:25:44
Question 1
Answer saved
Marked out of 2.00
What is the primary objective of a statement of cash flows?
a. To predict future sales revenue.
b. To report only the income earned by a business during the year.
c. To provide information about the cash inflows and outflows of a
business during a financial year.
d. To track the changes in equity over the financial period.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23298066&cmid=1008894 1/1
,10/22/24, 9:26 AM Assessment 4 (page 2 of 17)
FAC1602-24-S2 Welcome Message Assessment 4
QUIZ
Time left 2:25:52
Question 2
Answer saved
Marked out of 2.00
In which situation would a branch need to record an entry in the branch
adjustment account?
a. When the branch makes a local purchase
b. When inventory is invoiced at cost price
c. When inventory is returned to the head office
d. When inventory is invoiced at selling price
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23298066&cmid=1008894&page=1 1/1
, 10/22/24, 9:26 AM Assessment 4 (page 3 of 17)
FAC1602-24-S2 Welcome Message Assessment 4
QUIZ
Time left 2:26:01
Question 3
Answer saved
Marked out of 2.00
In the case of inter-branch inventory transfers, which accounts are used?
a. Branch inventory of both receiving and transferring branches
b. Branch inventory and branch trade payables
c. Branch inventory and branch expenses
d. Branch adjustment and branch trade receivables
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23298066&cmid=1008894&page=2 1/1
