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MNB1501 ASSESSMENT 3 Closes: Thursday, 26 September
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MNB1501 ASSESSMENT 3 Closes: Thursday, 26 September. Get a strong Pass-Fortis Passum
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MNB1501 ASSIGNMENT 3 SEMESTER 2Closes: Thursday, 26 September 2024, 9:00 PM
PASS WITH DISTINCTIONS. FORTIS PASSUM
FOR FURTHER ASSISTANCE WITH ECONOMICS,
MANAGEMENT, ACCOUNTING, TAXATION EDUCATION@ LLB
MODULES.
CALL/WHATSAAP0816884518/0816884519
EMAIL: info@fortispassum.co.za
admin@fortispassum.co.za
, 1. MNB1501-24-S2
2. Welcome Message
3. Assessment 3
Quiz
Assessment 3
Open course index
Started on Thursday, 12 September 2024, 9:45 PM
State Finished
Completed on Thursday, 12 September 2024, 9:49 PM
Time taken 4 mins 7 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
Correct
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Question text
In terms of the principle of corporate governance, ______ensures that the organisation can motivate
every action taken, build confidence among stakeholders and assist in ownership of risks.
a.
Transparency
b.
Fairness
c.
Accountability
d.
Responsibility
Feedback
Your answer is correct.
The correct answer is accountability. Accountability ensures that the organisation can motivate every
action taken. This enables the organisation to build confidence among stakeholders and assists in
taking ownership of risks for the organisation’s future success (See 5.6 Lesson 5)
, The correct answer is:
Accountability
Question 2
Correct
Mark 1.00 out of 1.00
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Question text
When Ackermans makes their financial matters, and social and environmental issues part of their
financial reporting available to the public, this refers to_______ reporting.
a.
financial
b.
sustainability
c.
shareholder
d.
corporate
Feedback
Your answer is correct.
The correct answer is sustainability reporting. Sustainability reporting refers to the increasing
expectations for companies to report on financial matters and social and environmental issues
publicly. (See 5.3 Lesson 5)
The correct answer is:
sustainability
Question 3
Correct
Mark 1.00 out of 1.00
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Question text
James is working for Sibanye Goldmine as an executive tasked with ensuring that Sibanye becomes a
responsible business. He presents the benefits of incorporating good corporate social responsibility
practices to the board of directors. Which one of the following will NOT contribute to the
organisation's financial bottom line?
a.
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