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FIN2603 ASSIGNMENT1 2024
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3/7/24, 7:40 PM Assessment 1 (page 1 of 13)UNISA 2024 FIN2603-24-S1 Welcome Message Assessment 1
QUIZ
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Question 1
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Any organisation that is managed in accordance with business principles should be able to ensure its survival because it will
...
Select one:
a. plan its cash inflows and outflows by means of a cash budget.
b. maximise its revenue from sales and control its expenses.
c. keep its cost of financing as low as possible.
d. undertake all the above-mentioned financial measures.
Clear my choice
Question 2
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During periods where the consumer price index (CPI) is expected to decrease, a retail firm will have to ...
Select one:
a. apply credit standards more strictly due to declining interest rates, increase in sales, but a slowdown of cash inflow.
b. budget more conservatively as a result of rising interest rates, a decline in sales and an increase in bad debts.
c. expand due to declining interest rates, an increase in sales and improved feasibility of investment opportunities.
d. relax credit standards due to a decline in sales, a decrease in bad debts and a slowdown of cash outflow.
Clear my choice
https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=15334766&cmid=844692 1/1
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