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Mac2602 Assessment 6 all 3 attempts 2024 s2
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Mac2602 Assessment 6 all 3 attempts included More 90% pass S2 2024
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Question 1Correct
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The objective of risk management is “to add maximum sustainable value by aligning the risk
management function to the achievement of the organisation’s business objectives”. Select
the actions that are involved in this stated objective?
(1) Assisting with internal decision-making by management regarding investment of funds
and cash management.
(2) To address risks (threats) and opportunities.
(3) The identification and treatment of risks with reference to the organisation’s vision,
mission and strategic objectives.
(4) To evaluate an organisation’s prospects for the future (to help external fund providers
with investment decisions).
(5) Increasing the probability of success by reducing uncertainties.
,(a) Statements (1), (2), and (3)
(b) Statements (1), (4), and (5)
(c) Statement (2), (3) and (5)
(d) Statement (2), (3), (4) and (5)
Select one:
a.
Statements (1), (2), and (3)
b.
Statement (2), (3), (4) and (5)
c.
Statement (2), (3) and (5)
d.
Statements (1), (4), and (5)
Question 2
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Apply your knowledge about types of risks and identify the explanation that specifically
relate to market risk?
(a) The risk relating to climate change and risk of natural disasters.
(b) The risk of damage caused by a pollutant, substance or by-product introduced into an
environment other than its intended use/purpose and deemed to be within the organisation’s
control.
(c) The risks that can result in financial loss for the organisation due to the actions of
competitors or a change in the prices of commodities and investments on stock markets.
(d) The effect that detrimental political activities or political instability have on an
organisation.
(e) The risk that is influenced by the organisation’s credit policy, proportion of credit sales,
credit terms offered and debt collection procedures.
Select one:
,a.
The effect that detrimental political activities or political instability have on an organisation.
b.
The risk relating to climate change and risk of natural disasters.
c.
The risk of damage caused by a pollutant, substance or by-product introduced into an
environment other than its intended use/purpose and deemed to be within the organisation’s
control.
d.
The risks that can result in financial loss for the organisation due to the actions of
competitors or a change in the prices of commodities and investments on stock markets.
e.
The risk that is influenced by the organisation’s credit policy, proportion of credit sales,
credit terms offered and debt collection procedures.
Question 3
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Fairmont (Pty) Ltd bought a water tank from Amanzi Solutions (Pty) Ltd. Amanzi granted a
loan to Fairmont for the purchase and a contract was signed between the two parties
stipulating the conditions, interest rate, instalment amount, payment frequency and the
period of the agreement. What form of finance will this be?
(a) Lease.
(b) Term loan.
(c) Instalment sale agreement.
(d) Mortgage loan.
Select one:
a.
Lease.
b.
Mortgage loan.
c.
Instalment sale agreement.
d.
, Term loan.
Question 4
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Which of the following statements are examples of factors that prevent an organisation from
leaving the market for a specific product?
(1) There are penalty clauses in supplier’s contracts.
(2) The organisation has substantial investment in non-current assets.
(3) An upswing in economic conditions is predicted or expected.
(4) The retrenchment costs will be high.
(5) Customers of the current players have high brand loyalty.
(a) Statements (1), (2) and (4)
(b) Statements (2), (3), (4) and (5)
(c) Statements (1), (2), (3) and (4)
(d) Statements (1), (2), (3), (4) and (5)
Select one:
a.
Statements (1), (2), (3) and (4)
.
Statements (2), (3), (4) and (5)
c.
Statements (1), (2), (3), (4) and (5)
d.
Statements (1), (2) and (4)
Question 5
Correct
Mark 2.00 out of 2.00
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