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FAC3702 Assignment 1 (ANSWERS) Semester 2 2025 - DISTINCTION GUARANTEED

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FAC3702
Assignment 1 QUIZ Semester 2 2025
Unique Number:
Due Date: 5 September 2025




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, UNISA  2025  FAC3702-25-S2  Welcome Message  Assessment 1


QUIZ




Time left 0:25:04


Question 1

Not yet answered

Marked out of 1.00




How should gains or losses on disposal of investment property be recognized?




a. As a revaluation surplus in OCI

b. Directly in equity

c. In profit or loss in the period of disposal

d. Deferred over five years

Clear my choice




Question 2

Not yet answered

Marked out of 1.00




A machine costs R1,000,000 with an estimated useful life of 5 years and a residual value of R100,000. What is the annual
straight-line depreciation?




a. R200,000

b. R180,000

c. R220,000

d. R250,000

Clear my choice

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