7/14/23, 6:52 PM Assessment 3: Attempt review
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Dashboard / Courses / UNISA / 2023 / Semester 2 / MNB1601-23-S2 / Welcome to MNB1601 / Assessment 3
Started on Friday, 14 July 2023, 10:21 AM
State Finished
Completed on Friday, 14 July 2023, 6:52 PM
Time taken 8 hours 31 mins
Marks 27.00/30.00
Grade 90.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following is a characteristic of ordinary shares?
Select one:
a. The liability of ordinary shareholders is limited to the amount of debt the business has incurred upon liquidation.
b. Shareholders have no certainty that the money paid for shares will be recouped.
c. Ordinary shares in an unlisted company can be traded on the stock exchange.
d. Ordinary shareholders are only members of the business and do not have full control of the business.
The correct answer is: Shareholders have no certainty that the money paid for shares will be recouped.
Question 2
Correct
Mark 1.00 out of 1.00
Despite a better statement of financial position and a renaissance in the laboratories, IBM fell further behind every year. In Unix servers, the
backbone of the internet, IBM’s sales rose 3% in 1998, but sales of their competitors soared, for example Sun Microsystems grew by 29%.
Which one of the following best describes the statement of financial position?
Select one:
a. Can be described as the accrued power of disposal over the products and services used by the business to generate a monetary
return.
b. Consists of primarily receipts resulting in the sale of the business’s products and/or services.
c. Reflects all the possessions of the business as well as the nature and extent of the interests in these possessions.
d. Furnishes details about the way the profit or loss for a particular period was arrived at and how it has been distributed.
The correct answer is: Reflects all the possessions of the business as well as the nature and extent of the interests in these possessions.
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,7/14/23, 6:52 PM Assessment 3: Attempt review
Question 3
Correct
Mark 1.00 out of 1.00
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The future-value factor ( 1 + i ) n is an exponential function. What does this mean?
Dashboard / Courses / UNISA / 2023 / Semester 2 / MNB1601-23-S2 / Welcome to MNB1601 / Assessment 3
Select one:
a. The initial amount will grown exponentially over time.
b. The future amount will be less than the present value.
c. The rate of return is foregone if not utilising the investment opportunity.
d. The timing of receipts influence the value of money.
The correct answer is: The initial amount will grown exponentially over time.
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, 7/14/23, 6:52 PM Assessment 3: Attempt review
Question 4
Correct
Mark 1.00 out of 1.00
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During the 2019/2020 fiscal year, SAB generated sales revenue of R33 billion. SAB decided to invest R330 000 in a fixed account
Dashboard / Courses / UNISA / 2023 / Semester 2 / MNB1601-23-S2 / Welcome to MNB1601 / Assessment 3
that earns 10% interest. How much will the fixed account be worth in five years’ time?
Use the following tables, containing the discounting factors, as needed for this question:
Discounting factors to calculate present values
Periods 5% 10% 15%
1 0,9524 0,9091 0,8696
2 0,9070 0,8264 0,7561
3 0,8638 0,7513 0,6575
4 0,8227 0,6830 0,5718
5 0,7835 0,6209 0,4972
6 0,7462 0,5645 0,4323
Discounting factors to calculate future values
Periods 5% 10% 15%
1 1,0500 1,1000 1,1500
2 1,1025 1,2100 1,3225
3 1,1576 1,3310 1,5209
4 1,2155 1,4641 1,7490
5 1,2763 1,6105 2,0114
6 1,3401 1,7716 2,3131
Select one:
a. R531 465
b. R337 669
c. R483 153
d. R830 258
The correct answer is: R531 465
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MENU
Dashboard / Courses / UNISA / 2023 / Semester 2 / MNB1601-23-S2 / Welcome to MNB1601 / Assessment 3
Started on Friday, 14 July 2023, 10:21 AM
State Finished
Completed on Friday, 14 July 2023, 6:52 PM
Time taken 8 hours 31 mins
Marks 27.00/30.00
Grade 90.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following is a characteristic of ordinary shares?
Select one:
a. The liability of ordinary shareholders is limited to the amount of debt the business has incurred upon liquidation.
b. Shareholders have no certainty that the money paid for shares will be recouped.
c. Ordinary shares in an unlisted company can be traded on the stock exchange.
d. Ordinary shareholders are only members of the business and do not have full control of the business.
The correct answer is: Shareholders have no certainty that the money paid for shares will be recouped.
Question 2
Correct
Mark 1.00 out of 1.00
Despite a better statement of financial position and a renaissance in the laboratories, IBM fell further behind every year. In Unix servers, the
backbone of the internet, IBM’s sales rose 3% in 1998, but sales of their competitors soared, for example Sun Microsystems grew by 29%.
Which one of the following best describes the statement of financial position?
Select one:
a. Can be described as the accrued power of disposal over the products and services used by the business to generate a monetary
return.
b. Consists of primarily receipts resulting in the sale of the business’s products and/or services.
c. Reflects all the possessions of the business as well as the nature and extent of the interests in these possessions.
d. Furnishes details about the way the profit or loss for a particular period was arrived at and how it has been distributed.
The correct answer is: Reflects all the possessions of the business as well as the nature and extent of the interests in these possessions.
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,7/14/23, 6:52 PM Assessment 3: Attempt review
Question 3
Correct
Mark 1.00 out of 1.00
MENU
The future-value factor ( 1 + i ) n is an exponential function. What does this mean?
Dashboard / Courses / UNISA / 2023 / Semester 2 / MNB1601-23-S2 / Welcome to MNB1601 / Assessment 3
Select one:
a. The initial amount will grown exponentially over time.
b. The future amount will be less than the present value.
c. The rate of return is foregone if not utilising the investment opportunity.
d. The timing of receipts influence the value of money.
The correct answer is: The initial amount will grown exponentially over time.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=11513611&cmid=624789 2/16
, 7/14/23, 6:52 PM Assessment 3: Attempt review
Question 4
Correct
Mark 1.00 out of 1.00
MENU
During the 2019/2020 fiscal year, SAB generated sales revenue of R33 billion. SAB decided to invest R330 000 in a fixed account
Dashboard / Courses / UNISA / 2023 / Semester 2 / MNB1601-23-S2 / Welcome to MNB1601 / Assessment 3
that earns 10% interest. How much will the fixed account be worth in five years’ time?
Use the following tables, containing the discounting factors, as needed for this question:
Discounting factors to calculate present values
Periods 5% 10% 15%
1 0,9524 0,9091 0,8696
2 0,9070 0,8264 0,7561
3 0,8638 0,7513 0,6575
4 0,8227 0,6830 0,5718
5 0,7835 0,6209 0,4972
6 0,7462 0,5645 0,4323
Discounting factors to calculate future values
Periods 5% 10% 15%
1 1,0500 1,1000 1,1500
2 1,1025 1,2100 1,3225
3 1,1576 1,3310 1,5209
4 1,2155 1,4641 1,7490
5 1,2763 1,6105 2,0114
6 1,3401 1,7716 2,3131
Select one:
a. R531 465
b. R337 669
c. R483 153
d. R830 258
The correct answer is: R531 465
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