100%
MAC2601
EXAM PACK
DISTINCTION QUALITY
UNISA EXAM
, Dashboard / Courses / UNISA / 2025 / Semester 1 / MAC2601-25-S1 / Welcome Message / Assessment 1
Started on Wednesday, 15 March 2025, 10:14 AM
State Finished
Completed on Wednesday, 15 March 2025, 10:25 AM
Time taken 11 mins 4 secs
Marks 24.00/25.00
Grade 96.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
By continuously considering and advising a colleague on potential conflict of interest, the colleague is complying with the ethical standard
relating to …
a. subjectivity.
b. integrity.
c. confidentiality.
d. credibility.
Question 2
Correct
Mark 1.00 out of 1.00
The function of management that compares planned results to actual results is known as …
a. controlling.
b. planning.
c. decision-making.
d. implementing.
,Question 3
Correct
Mark 1.00 out of 1.00
MENU
Which one of the following is not a cost-volume-profit analysis (CVP analysis) assumption?
a. The analysis is always done out of the relevant range.
b. All costs can be separated into fixed and variable.
c. All the units manufactured are sold.
d. CVP analysis applies to short-term planning only.
Question 4
Correct
Mark 1.00 out of 1.00
The general term that refers to any group or individual who can affect, or is affected by, an organisation’s activities is …
a. shareholders.
b. managers.
c. stakeholders.
d. employees.
Question 5
Correct
Mark 1.00 out of 1.00
Management accounting places more emphasis than financial accounting on …?
a. Timeliness and accuracy.
b. Accuracy and flexibility.
c. Flexibility only.
d. Flexibility and timeliness.
, … is not a function of a management accountant in an organisation.
a. Budgetary controls and investigation
b. Performance evaluation and reporting
c. Preparation of financial statements and cash flow statements.
d. Preparation of cost estimates, project planning, and analysis
Question 7
Correct
Mark 1.00 out of 1.00
… correctly reflect a collection of manufacturing costs.
a. Material, direct labour, indirect labour, and administration costs.
b. Material, direct labour, indirect labour, and factory equipment repairs.
c. Material, direct labour, marketing cost, and the salary of the machine operator.
d. Material, direct labour, indirect labour, and marketing cost.
Question 8
Correct
Mark 1.00 out of 1.00
Which of the following is an advantage of using the high-low method?
a. It ignores stepped costs.
b. It is fairly accurate where correlation between the variables is very close to 1.
c. It has a strong statistical foundation.
d. It cannot establish the exact degree of correlation between the variables.
MAC2601
EXAM PACK
DISTINCTION QUALITY
UNISA EXAM
, Dashboard / Courses / UNISA / 2025 / Semester 1 / MAC2601-25-S1 / Welcome Message / Assessment 1
Started on Wednesday, 15 March 2025, 10:14 AM
State Finished
Completed on Wednesday, 15 March 2025, 10:25 AM
Time taken 11 mins 4 secs
Marks 24.00/25.00
Grade 96.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
By continuously considering and advising a colleague on potential conflict of interest, the colleague is complying with the ethical standard
relating to …
a. subjectivity.
b. integrity.
c. confidentiality.
d. credibility.
Question 2
Correct
Mark 1.00 out of 1.00
The function of management that compares planned results to actual results is known as …
a. controlling.
b. planning.
c. decision-making.
d. implementing.
,Question 3
Correct
Mark 1.00 out of 1.00
MENU
Which one of the following is not a cost-volume-profit analysis (CVP analysis) assumption?
a. The analysis is always done out of the relevant range.
b. All costs can be separated into fixed and variable.
c. All the units manufactured are sold.
d. CVP analysis applies to short-term planning only.
Question 4
Correct
Mark 1.00 out of 1.00
The general term that refers to any group or individual who can affect, or is affected by, an organisation’s activities is …
a. shareholders.
b. managers.
c. stakeholders.
d. employees.
Question 5
Correct
Mark 1.00 out of 1.00
Management accounting places more emphasis than financial accounting on …?
a. Timeliness and accuracy.
b. Accuracy and flexibility.
c. Flexibility only.
d. Flexibility and timeliness.
, … is not a function of a management accountant in an organisation.
a. Budgetary controls and investigation
b. Performance evaluation and reporting
c. Preparation of financial statements and cash flow statements.
d. Preparation of cost estimates, project planning, and analysis
Question 7
Correct
Mark 1.00 out of 1.00
… correctly reflect a collection of manufacturing costs.
a. Material, direct labour, indirect labour, and administration costs.
b. Material, direct labour, indirect labour, and factory equipment repairs.
c. Material, direct labour, marketing cost, and the salary of the machine operator.
d. Material, direct labour, indirect labour, and marketing cost.
Question 8
Correct
Mark 1.00 out of 1.00
Which of the following is an advantage of using the high-low method?
a. It ignores stepped costs.
b. It is fairly accurate where correlation between the variables is very close to 1.
c. It has a strong statistical foundation.
d. It cannot establish the exact degree of correlation between the variables.
