FIN2603
Assignment 2 QUIZ Semester 2 2025
Unique Number:
Due Date: 30 September 2025
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, 12/09/2025, 19:49 Assessment 2: Attempt review
UNISA 2025 FIN2603-25-S2 Introduction Assessment 2
QUIZ
Started on Friday, 12 September 2025, 7:02 PM
State Finished
Completed on Friday, 12 September 2025, 7:48 PM
Time taken 45 mins 56 secs
Question 1
Complete
Marked out of 1.00
... costs are a function of time, not volume.
a. Variable
b. Semi-variable
c. Fixed operating
d. Fixed financial
Question 2
Complete
Marked out of 1.00
... is defined as the difference between the costs of each alternative action that is considered by the organisation.
a. Incremental cost
b. Direct cost
c. Sunk cost
d. Indirect cost
Question 3
Complete
Marked out of 1.00
... is the potential benefit forfeited by selecting one alternative over another alternative.
a. Indefinite cost
b. Opportunity cost
c. Sunk cost
d. Incremental cost
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=29612152&cmid=1088923 1/9
Assignment 2 QUIZ Semester 2 2025
Unique Number:
Due Date: 30 September 2025
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, 12/09/2025, 19:49 Assessment 2: Attempt review
UNISA 2025 FIN2603-25-S2 Introduction Assessment 2
QUIZ
Started on Friday, 12 September 2025, 7:02 PM
State Finished
Completed on Friday, 12 September 2025, 7:48 PM
Time taken 45 mins 56 secs
Question 1
Complete
Marked out of 1.00
... costs are a function of time, not volume.
a. Variable
b. Semi-variable
c. Fixed operating
d. Fixed financial
Question 2
Complete
Marked out of 1.00
... is defined as the difference between the costs of each alternative action that is considered by the organisation.
a. Incremental cost
b. Direct cost
c. Sunk cost
d. Indirect cost
Question 3
Complete
Marked out of 1.00
... is the potential benefit forfeited by selecting one alternative over another alternative.
a. Indefinite cost
b. Opportunity cost
c. Sunk cost
d. Incremental cost
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=29612152&cmid=1088923 1/9