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MNB1601 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS}
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MNB1601 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS}
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lOMoAR cPSD| 48803696Downloaded by Vincent kyalo ()
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Question 1
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question
Question text
The time value o f money bears a direct relation to the opportunity of
____________ on a n investment.
Select one:
a.
earning interest
b.
risking a loss
c.
selling -off d.
paying
interest
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The correct answer is: earning interest
Question 2
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The focal points of a budget for an income centre is determined by measuring
_______________ .
Select one: a.
outputs in monetary terms
b.
inputs in monetary terms
c.
performance in monetary terms
d.
inputs and outputs in monetary terms
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The correct answer is: outputs in monetary terms
Question 3 Correct
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Question text
Kelly is the owner of a small gourmet burger food truck. She sells her burgers during lunch
in the parking lot of the Menlyn Maine shopping centre. Her expenses are recorded as
follow: Sales price per burger: R35 per burger
Variable cost per burger: R12 per burger
Total fixed cost per annum: R42 000
If Kelly were to sell 27 900 burgers what would her profit be?
Select one: a.
R943 500
b.
R576 600
c.
R599 700
d.
Kelly would not make a profit
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The correct answer is: R599 700
Question 4
Correct
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Question text
Which one of th e following options can be used to increase the value of the
business?
Select one:
a.
Investing in asse ts that will add value to the business
b.
Keeping the cost of capital as high as possible
c.
Investing in pro p er marketing and operational strategies
d.
Investing in liabi lities that will add value to the business
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The correct answer is: Investing in assets that will add value to the business
Question 5
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Question text
____________ are the most common form of non -current liabilities and a
certificate is issued showing the conditions of the loan.
Select one:
a.
Registered -term loans
b.
Debentures
c.
Bonds
d.
Leases
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The correct answer is: Debentures
Question 6
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Question text
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