10/3/23, 10:15 PM Assessment 4: Attempt review
2023 MAC2602-23-S2 Welcome Message Assessment 4
QUIZ
Started on Tuesday, 3 October 2023, 9:44 PM
State Finished
Completed on /5. 8 3,/4
PM
Time taken 1025 5/ 5
Marks
out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Risk mapping is a technique for assessing the severity
or impact of a risk and the likelihood or frequency of
its occurrence. For what kind of risk assessment would
it probably be most appropriate to take out an
insurance policy from an insurance company?
(a) Severity low; frequency low
(b) Severity high; frequency low
(c) Severity high; frequency high
(d) Severity low; frequency high
Select one:
a. Severity high; frequency low
b. Severity low; frequency low
c. Severity low; frequency high
d. Severity high; frequency high
Question 2
Correct
Mark 2.00 out of 2.00
If a business causes pollution, which stakeholder will
most likely respond by protesting and petitioning?
(a) Employees
(b) Government
(c) Customers
(d) Local community
Select one:
a. Government
b. Employees
c. Local community
d. Customers
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13917469&cmid=624532 1/15
,10/3/23, 10:15 PM Assessment 4: Attempt review
Question 3
Correct
Mark 2.00 out of 2.00
Which of the following strategies are most likely to
enhance shareholder wealth?
(1) Increasing the directors’ bonuses.
(2) Decreasing the spending on employee training.
(3) Enhancing brand reputation and recognition.
(4) Increase spending on eliminating any harmful
impact that can be caused to the environment.
(5) Investments in projects that make use of
renewable resources while also delivering a positive
Net Present value.
(a) Statements (3), (4) and (5)
(b) Statements (1), (3) and (5)
(c) Statements (3), (4) and (5)
(d) Statements (2), (3) and (4)
Select one:
a. Statements (3), (4) and (5)
b. Statements (2), (3) and (4)
c. Statements (1), (3) and (5)
d. Statements (3), (4) and (5)
Question 4
Incorrect
Mark 0.00 out of 2.00
Select the scenario that best describes the application
of the conservative nancing policy.
(a) When the temporary working capital of Local Vibes
is low, their total funding will mainly consist of short-
term deposits.
(b) AC Suppliers makes use of more long-term
nancing.
(c) ABACUS manufacturers will invest all excess
money in long-term instruments.
(d) RIP-Funeral services uses long-term nancing only
to support the peaks of their temporary working
capital.
Select one:
a. ABACUS manufacturers will invest all excess
money in long-term instruments.
b. RIP-Funeral services uses long-term
nancing only to support the peaks of
their temporary working capital.
c. When the temporary working capital of Local
Vibes is low, their total funding will mainly
consist of short-term deposits.
d. AC Suppliers makes use of more long-term
nancing.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13917469&cmid=624532 2/15
,10/3/23, 10:15 PM Assessment 4: Attempt review
Question 5
Correct
Mark 2.00 out of 2.00
Angota Company has 100 000, ordinary shares issued
with a nominal value of R1,00 and a market value of
R2,50. It is proposing to make a 1 for 5 offers for free
additional shares to existing shareholders. What will be
the effect of this proposed issue be on the statement of
nancial position gure for issued share capital and
reserves?
(a) Issued share capital will increase by R20 000, and
reserves will be unchanged.
(b) Issued share capital will increase by R20 000;
reserves will decrease by R20 000
(c) Issued share capital will increase by R50 000;
reserves will decrease by R20 000.
(d) There will be no change to capital or reserves
because no new nance is raised.
Select one:
a. Issued share capital will increase by R20 000,
and reserves will be unchanged.
b. Issued share capital will increase by R20
000; reserves will decrease by R20 000.
c. Issued share capital will increase by R50 000;
reserves will decrease by R20 000.
d. There will be no change to capital or reserves
because no new nance is raised.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13917469&cmid=624532 3/15
, 10/3/23, 10:15 PM Assessment 4: Attempt review
Question 6
Incorrect
Mark 0.00 out of 2.00
Home Brew is a newly established brewery in South
Africa. They are brewing unique “craft” beer. They plan
to establish themselves as a leader in the South
African beer industry. They identi ed their main risk
objectives according to the COSO risk management
framework. From the following list, select all the correct
main risk objectives to be identi ed by Home Brew.
(1) Operations – To produce and deliver high quality
beer in an effective, e cient, and timely way.
(2) Compliance – To conform to all legislative
requirements for licensing, production, distribution,
advertising, taxation, labour relations etcetera.
(3) Reporting – Providing timely and reliable
information aligned with reporting standards and best
practices to enable stakeholders to analyse data and
make sound business decisions.
(4) Strategic – High level goals and related risks that
are aligned with the organisation’s mission and
strategic objectives to establish themselves as a
leader in the South African beer industry.
a) Statements (1), (2) and (3)
b) Statements (2), (3) and (4)
c) Statements (1), (2) and (4)
d) Statements (1), (2), (3) and (4)
Select one:
a. Statements (2), (3) and (4)
b. Statements (1), (2) and (4)
c. Statements (1), (2), (3) and (4)
d. Statements (1), (2) and (3)
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13917469&cmid=624532 4/15
2023 MAC2602-23-S2 Welcome Message Assessment 4
QUIZ
Started on Tuesday, 3 October 2023, 9:44 PM
State Finished
Completed on /5. 8 3,/4
PM
Time taken 1025 5/ 5
Marks
out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Risk mapping is a technique for assessing the severity
or impact of a risk and the likelihood or frequency of
its occurrence. For what kind of risk assessment would
it probably be most appropriate to take out an
insurance policy from an insurance company?
(a) Severity low; frequency low
(b) Severity high; frequency low
(c) Severity high; frequency high
(d) Severity low; frequency high
Select one:
a. Severity high; frequency low
b. Severity low; frequency low
c. Severity low; frequency high
d. Severity high; frequency high
Question 2
Correct
Mark 2.00 out of 2.00
If a business causes pollution, which stakeholder will
most likely respond by protesting and petitioning?
(a) Employees
(b) Government
(c) Customers
(d) Local community
Select one:
a. Government
b. Employees
c. Local community
d. Customers
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13917469&cmid=624532 1/15
,10/3/23, 10:15 PM Assessment 4: Attempt review
Question 3
Correct
Mark 2.00 out of 2.00
Which of the following strategies are most likely to
enhance shareholder wealth?
(1) Increasing the directors’ bonuses.
(2) Decreasing the spending on employee training.
(3) Enhancing brand reputation and recognition.
(4) Increase spending on eliminating any harmful
impact that can be caused to the environment.
(5) Investments in projects that make use of
renewable resources while also delivering a positive
Net Present value.
(a) Statements (3), (4) and (5)
(b) Statements (1), (3) and (5)
(c) Statements (3), (4) and (5)
(d) Statements (2), (3) and (4)
Select one:
a. Statements (3), (4) and (5)
b. Statements (2), (3) and (4)
c. Statements (1), (3) and (5)
d. Statements (3), (4) and (5)
Question 4
Incorrect
Mark 0.00 out of 2.00
Select the scenario that best describes the application
of the conservative nancing policy.
(a) When the temporary working capital of Local Vibes
is low, their total funding will mainly consist of short-
term deposits.
(b) AC Suppliers makes use of more long-term
nancing.
(c) ABACUS manufacturers will invest all excess
money in long-term instruments.
(d) RIP-Funeral services uses long-term nancing only
to support the peaks of their temporary working
capital.
Select one:
a. ABACUS manufacturers will invest all excess
money in long-term instruments.
b. RIP-Funeral services uses long-term
nancing only to support the peaks of
their temporary working capital.
c. When the temporary working capital of Local
Vibes is low, their total funding will mainly
consist of short-term deposits.
d. AC Suppliers makes use of more long-term
nancing.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13917469&cmid=624532 2/15
,10/3/23, 10:15 PM Assessment 4: Attempt review
Question 5
Correct
Mark 2.00 out of 2.00
Angota Company has 100 000, ordinary shares issued
with a nominal value of R1,00 and a market value of
R2,50. It is proposing to make a 1 for 5 offers for free
additional shares to existing shareholders. What will be
the effect of this proposed issue be on the statement of
nancial position gure for issued share capital and
reserves?
(a) Issued share capital will increase by R20 000, and
reserves will be unchanged.
(b) Issued share capital will increase by R20 000;
reserves will decrease by R20 000
(c) Issued share capital will increase by R50 000;
reserves will decrease by R20 000.
(d) There will be no change to capital or reserves
because no new nance is raised.
Select one:
a. Issued share capital will increase by R20 000,
and reserves will be unchanged.
b. Issued share capital will increase by R20
000; reserves will decrease by R20 000.
c. Issued share capital will increase by R50 000;
reserves will decrease by R20 000.
d. There will be no change to capital or reserves
because no new nance is raised.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13917469&cmid=624532 3/15
, 10/3/23, 10:15 PM Assessment 4: Attempt review
Question 6
Incorrect
Mark 0.00 out of 2.00
Home Brew is a newly established brewery in South
Africa. They are brewing unique “craft” beer. They plan
to establish themselves as a leader in the South
African beer industry. They identi ed their main risk
objectives according to the COSO risk management
framework. From the following list, select all the correct
main risk objectives to be identi ed by Home Brew.
(1) Operations – To produce and deliver high quality
beer in an effective, e cient, and timely way.
(2) Compliance – To conform to all legislative
requirements for licensing, production, distribution,
advertising, taxation, labour relations etcetera.
(3) Reporting – Providing timely and reliable
information aligned with reporting standards and best
practices to enable stakeholders to analyse data and
make sound business decisions.
(4) Strategic – High level goals and related risks that
are aligned with the organisation’s mission and
strategic objectives to establish themselves as a
leader in the South African beer industry.
a) Statements (1), (2) and (3)
b) Statements (2), (3) and (4)
c) Statements (1), (2) and (4)
d) Statements (1), (2), (3) and (4)
Select one:
a. Statements (2), (3) and (4)
b. Statements (1), (2) and (4)
c. Statements (1), (2), (3) and (4)
d. Statements (1), (2) and (3)
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13917469&cmid=624532 4/15
