Exam (elaborations)
AIN 2601 ASSIGNMENT 3 SEMESTER 1 2023
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AIN2601ASSIGNMENT 3 SEMESTER 1 2023
UNIQUE NUMBER:
DUE DATE: APRIL 2023
Solutions, Explanations, workings, and references
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,4/12/23, 9:56 PM Assessment 3: review
MENU
Dashboard / Courses / UNISA / 2023 / Semester 1 / AIN2601-23-S1 / Welcome To AIN2601!! / Assessment 3
Started on Wednesday, 12 April 2023, 8:59 PM
State Finished
Completed on Wednesday, 12 April 2023, 9:05 PM
Time taken 44 mins 10 secs
Grade 40.00 out of 40.00 (100%)
Question 1
Complete
Mark 1.00 out of 1.00
In a manufacturing environment, when raw material is issued for production the accounting entry recorded is:
Dr Inventory – WIP
Cr Inventory – Raw materials
Select one:
True
False
Question 2
Complete
Mark 1.00 out of 1.00
Which AIS report can help us track inventory items that has been ordered but not yet received?
a.
An outstanding/open purchase order report
b.
An open delivery note report
c.
A sales analysis report
d.
An outstanding/open sales order report
1/14
Distribution of this document is illegal
,4/12/23, 9:56 PM Assessment 3: review
Question 3
Complete
Mark 0.00 out of 1.00
MENU
Various reports are printed from an AIS monthly or yearly not only to enable management in making business decisions but to also
Dashboard / Courses / UNISA / 2023 / Semester 1 / AIN2601-23-S1 / Welcome To AIN2601!! / Assessment 3
identify and co
processing errors.
Question 4
Complete
Mark 1.00 out of 1.00
Editing a supplier’s terms on the system is an example of a business activity that will modify nonfinancial data which has a direct influence on
the processing of financial transaction.
Select one:
True
False
Question 5
Complete
Mark 1.00 out of 1.00
Regular revaluation of the investment is a transaction that needs to be recorded int the AIS.
Select one:
True
False
1/14
Distribution of this document is illegal
, Downloaded by: adorablechikamhi | adorable.chikamhi@yahoo.com Want to earn
Distribution of this document is illegal R13,625 per year?
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