Department of Management Accounting
MANAGEMENT ACCOUNTING III
(FINANCE)
MAC3761
QUESTION BANK 2 of 2
Define tomorrow.
1
, MAC3761/QB002
© 2023 University of South Africa
All rights reserved.
Printed and published by the University of South Africa
Muckleneuk, Pretoria
MAC3761/QB002/FINANCE/0/2023-2023
Compilers:
S Büchner
T de Bruyn
B Huma
C Leonard
T Mantloana
N Masela
M Nameng
2
, MAC3761/QB002
Table of Contents
1 INTRODUCTION ..................................................................................................................... 6
2 FREQUENTLY ASKED QUESTIONS .................................................................................. 7
3 TOPICS-TO-QUESTIONS MAPPING TABLE .................................................................. 11
4 QUESTIONS .......................................................................................................................... 12
4.1. QUESTION 01: EDCARS GROUP LIMITED .................................................................... 12
4.2. QUESTION 02: CARLO TITO MARIO AFRICA ............................................................... 18
4.3. QUESTION 03: DRESSED FOR SUCCESS .................................................................... 23
4.4. QUESTION 04: SPLITZ STORES (PTY) LTD .................................................................. 26
4.5. QUESTION 05: NEW MUTUAL GROUP........................................................................... 27
4.6. QUESTION 06: TOY STARS LIMITED .............................................................................. 30
4.7. QUESTION 07: A GREYS (PTY) LTD ............................................................................... 32
4.8. QUESTION 08: ZENZEL (PTY) LTD.................................................................................. 34
4.9. QUESTION 09: KINGSTON LIMITED ............................................................................... 35
4.10. QUESTION 10: QUEEN POWER ....................................................................................... 37
4.11. QUESTION 11: CHAPTERS & NOVELS .......................................................................... 40
4.12. QUESTION 12: SIMON & SON LIMITED .......................................................................... 43
4.13. QUESTION 13: S & S LIMITED .......................................................................................... 46
4.14. QUESTION 14: SIMUNYE GOLD ...................................................................................... 47
4.15. QUESTION 15: SANRAL ..................................................................................................... 50
4.16. QUESTION 16: MASHESHA (PTY) LTD........................................................................... 52
4.17. QUESTION 17: PICTURE PERFECT LIMITED ............................................................... 54
4.18. QUESTION 18: CITY OF NKANDLA ................................................................................. 55
4.19. QUESTION 19: PURIFIED H2O (PTY) LTD ...................................................................... 57
4.20. QUESTION 20: AFRICAN FISH & CHIPS ........................................................................ 59
4.21. QUESTION 21: KGORONG (PTY) LTD ............................................................................ 66
4.22. QUESTION 22: AFRICAN BAG (PTY) LTD ...................................................................... 67
4.23. QUESTION 23: FAST AND QUICK.................................................................................... 68
4.24. QUESTION 24: FAZEBOOK LTD ....................................................................................... 69
4.25. QUESTION 25: BOXER CASH & CARRY ........................................................................ 72
4.26. QUESTION 26: LION BRANDS LTD ................................................................................. 75
4.27. QUESTION 27: PBC LTD .................................................................................................... 79
4.28. QUESTION 28: umfula.co.za .............................................................................................. 84
4.29. QUESTION 29: HEALTH MATTERS LTD ........................................................................ 88
4.30. QUESTION 30: DISTELL LTD ............................................................................................ 95
4.31. QUESTION 31: TILES & STYLES OF AFRICA ............................................................. 104
3
, MAC3761/QB002
4.32. QUESTION 32: MAGNUS ORANGE LTD....................................................................... 113
4.33. QUESTION 33: MBOWENI TRADING (PTY) LTD ........................................................ 118
4.34. QUESTION 34: MONDLI GROUP LIMITED ................................................................... 125
4.35. QUESTION 35: BLUESKY WINGS LTD ......................................................................... 129
4.36. QUESTION 36: FAR & WIDE (PTY) LTD ........................................................................ 134
4.37. QUESTION 36: BHELL LTD .............................................................................................. 137
5 SOLUTIONS......................................................................................................................... 143
5.1. SOLUTION 01: EDCARS GROUP LIMITED .................................................................. 143
5.2. SOLUTION 02: CARLO TITO MARIO AFRICA .............................................................. 149
5.3. SOLUTION 03: DRESSED FOR SUCCESS .................................................................. 166
5.4. SOLUTION 04: SPLITZ STORES (PTY) LTD ................................................................ 170
5.5. SOLUTION 05: NEW MUTUAL GROUP ......................................................................... 172
5.6. SOLUTION 06: TOY STARS LIMITED ............................................................................ 174
5.7. SOLUTION 07: A GREYS (PTY) LTD.............................................................................. 177
5.8. SOLUTION 08: ZENZEL (PTY) LTD ................................................................................ 179
5.9. SOLUTION 09: KINGSTON LIMITED .............................................................................. 183
5.10. SOLUTION 10: QUEEN POWER ..................................................................................... 185
5.11. SOLUTION 11: CHAPTERS & NOVELS ......................................................................... 188
5.12. SOLUTION 12: SIMON & SON LIMITED ........................................................................ 193
5.13. SOLUTION 13: S & S LIMITED ........................................................................................ 198
5.14. SOLUTION 14: SIMUNYE GOLD ..................................................................................... 201
5.15. SOLUTION 15: SANRAL.................................................................................................... 207
5.16. SOLUTION 16: MASHESHA (PTY) LTD ......................................................................... 211
5.17. SOLUTION 17: PICTURE PERFECT LIMITED ............................................................. 215
5.18. SOLUTION 18: CITY OF NKANDLA ................................................................................ 218
5.19. SOLUTION 19: PURIFIED H2O (PTY) ............................................................................. 221
5.20. SOLUTION 20: AFRICAN FISH & CHIPS ....................................................................... 223
5.21. SOLUTION 21: KGORONG (PTY) LTD........................................................................... 235
5.22. SOLUTION 22: AFRICAN BAG (PTY) LTD .................................................................... 238
5.23. SOLUTION 23: FAST & QUICK ........................................................................................ 239
5.24. SOLUTION 24: FAZEBOOK LTD ..................................................................................... 242
5.25. SOLUTION 25: BOXER CASH & CARRY ...................................................................... 246
5.26. SOLUTION 26: LION BRANDS LTD ................................................................................ 249
5.27. SOLUTION 27: PBC LTD ................................................................................................... 254
5.28. SOLUTION 28: umfula.co.za ............................................................................................. 257
5.29. SOLUTION 29: HEALTH MATTERS LTD ....................................................................... 263
4
MANAGEMENT ACCOUNTING III
(FINANCE)
MAC3761
QUESTION BANK 2 of 2
Define tomorrow.
1
, MAC3761/QB002
© 2023 University of South Africa
All rights reserved.
Printed and published by the University of South Africa
Muckleneuk, Pretoria
MAC3761/QB002/FINANCE/0/2023-2023
Compilers:
S Büchner
T de Bruyn
B Huma
C Leonard
T Mantloana
N Masela
M Nameng
2
, MAC3761/QB002
Table of Contents
1 INTRODUCTION ..................................................................................................................... 6
2 FREQUENTLY ASKED QUESTIONS .................................................................................. 7
3 TOPICS-TO-QUESTIONS MAPPING TABLE .................................................................. 11
4 QUESTIONS .......................................................................................................................... 12
4.1. QUESTION 01: EDCARS GROUP LIMITED .................................................................... 12
4.2. QUESTION 02: CARLO TITO MARIO AFRICA ............................................................... 18
4.3. QUESTION 03: DRESSED FOR SUCCESS .................................................................... 23
4.4. QUESTION 04: SPLITZ STORES (PTY) LTD .................................................................. 26
4.5. QUESTION 05: NEW MUTUAL GROUP........................................................................... 27
4.6. QUESTION 06: TOY STARS LIMITED .............................................................................. 30
4.7. QUESTION 07: A GREYS (PTY) LTD ............................................................................... 32
4.8. QUESTION 08: ZENZEL (PTY) LTD.................................................................................. 34
4.9. QUESTION 09: KINGSTON LIMITED ............................................................................... 35
4.10. QUESTION 10: QUEEN POWER ....................................................................................... 37
4.11. QUESTION 11: CHAPTERS & NOVELS .......................................................................... 40
4.12. QUESTION 12: SIMON & SON LIMITED .......................................................................... 43
4.13. QUESTION 13: S & S LIMITED .......................................................................................... 46
4.14. QUESTION 14: SIMUNYE GOLD ...................................................................................... 47
4.15. QUESTION 15: SANRAL ..................................................................................................... 50
4.16. QUESTION 16: MASHESHA (PTY) LTD........................................................................... 52
4.17. QUESTION 17: PICTURE PERFECT LIMITED ............................................................... 54
4.18. QUESTION 18: CITY OF NKANDLA ................................................................................. 55
4.19. QUESTION 19: PURIFIED H2O (PTY) LTD ...................................................................... 57
4.20. QUESTION 20: AFRICAN FISH & CHIPS ........................................................................ 59
4.21. QUESTION 21: KGORONG (PTY) LTD ............................................................................ 66
4.22. QUESTION 22: AFRICAN BAG (PTY) LTD ...................................................................... 67
4.23. QUESTION 23: FAST AND QUICK.................................................................................... 68
4.24. QUESTION 24: FAZEBOOK LTD ....................................................................................... 69
4.25. QUESTION 25: BOXER CASH & CARRY ........................................................................ 72
4.26. QUESTION 26: LION BRANDS LTD ................................................................................. 75
4.27. QUESTION 27: PBC LTD .................................................................................................... 79
4.28. QUESTION 28: umfula.co.za .............................................................................................. 84
4.29. QUESTION 29: HEALTH MATTERS LTD ........................................................................ 88
4.30. QUESTION 30: DISTELL LTD ............................................................................................ 95
4.31. QUESTION 31: TILES & STYLES OF AFRICA ............................................................. 104
3
, MAC3761/QB002
4.32. QUESTION 32: MAGNUS ORANGE LTD....................................................................... 113
4.33. QUESTION 33: MBOWENI TRADING (PTY) LTD ........................................................ 118
4.34. QUESTION 34: MONDLI GROUP LIMITED ................................................................... 125
4.35. QUESTION 35: BLUESKY WINGS LTD ......................................................................... 129
4.36. QUESTION 36: FAR & WIDE (PTY) LTD ........................................................................ 134
4.37. QUESTION 36: BHELL LTD .............................................................................................. 137
5 SOLUTIONS......................................................................................................................... 143
5.1. SOLUTION 01: EDCARS GROUP LIMITED .................................................................. 143
5.2. SOLUTION 02: CARLO TITO MARIO AFRICA .............................................................. 149
5.3. SOLUTION 03: DRESSED FOR SUCCESS .................................................................. 166
5.4. SOLUTION 04: SPLITZ STORES (PTY) LTD ................................................................ 170
5.5. SOLUTION 05: NEW MUTUAL GROUP ......................................................................... 172
5.6. SOLUTION 06: TOY STARS LIMITED ............................................................................ 174
5.7. SOLUTION 07: A GREYS (PTY) LTD.............................................................................. 177
5.8. SOLUTION 08: ZENZEL (PTY) LTD ................................................................................ 179
5.9. SOLUTION 09: KINGSTON LIMITED .............................................................................. 183
5.10. SOLUTION 10: QUEEN POWER ..................................................................................... 185
5.11. SOLUTION 11: CHAPTERS & NOVELS ......................................................................... 188
5.12. SOLUTION 12: SIMON & SON LIMITED ........................................................................ 193
5.13. SOLUTION 13: S & S LIMITED ........................................................................................ 198
5.14. SOLUTION 14: SIMUNYE GOLD ..................................................................................... 201
5.15. SOLUTION 15: SANRAL.................................................................................................... 207
5.16. SOLUTION 16: MASHESHA (PTY) LTD ......................................................................... 211
5.17. SOLUTION 17: PICTURE PERFECT LIMITED ............................................................. 215
5.18. SOLUTION 18: CITY OF NKANDLA ................................................................................ 218
5.19. SOLUTION 19: PURIFIED H2O (PTY) ............................................................................. 221
5.20. SOLUTION 20: AFRICAN FISH & CHIPS ....................................................................... 223
5.21. SOLUTION 21: KGORONG (PTY) LTD........................................................................... 235
5.22. SOLUTION 22: AFRICAN BAG (PTY) LTD .................................................................... 238
5.23. SOLUTION 23: FAST & QUICK ........................................................................................ 239
5.24. SOLUTION 24: FAZEBOOK LTD ..................................................................................... 242
5.25. SOLUTION 25: BOXER CASH & CARRY ...................................................................... 246
5.26. SOLUTION 26: LION BRANDS LTD ................................................................................ 249
5.27. SOLUTION 27: PBC LTD ................................................................................................... 254
5.28. SOLUTION 28: umfula.co.za ............................................................................................. 257
5.29. SOLUTION 29: HEALTH MATTERS LTD ....................................................................... 263
4
