Exam (elaborations)
FIN2602 Assignment 2 Semester 1 2024
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- Institution
FIN2602 Assignment 2 Due 30 April 2024
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1. UNISA2. 2024
3 FIN2602-24-S1
4. Welcome Message
5. Assessment 2
Assessment 2
Started on Friday, 26 April 2024, 5:53 PM
State Finished
Completed on Friday, 26 April 2024, 7:06 AM
Time taken 1 hours 13 mins
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following statements is correct?
a. Assessing the �nancial performance
of an existing business does not
include conducting a feasibility study.
b. The purpose of a �nancial analysis is
not to ascertain to what extent the
business enterprise has achieved its
goals.
c. It requires little effort to replace
current personnel with the
purchaser’s own family members.
d. It is very important to determine
the possible/precise reasons
why the business is for sale.
e. It is important to replace the current
personnel as soon as possible.
Your answer is correct.
The correct answer is:
It is very important to determine the possible/
precise reasons why the business is for sale.
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