Exam (elaborations)
Ain2601 Assignment 3 Semester 2 2023
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9/13/23, 4:18 PM Assessment 3: Attempt reviewUNISA 2023 AIN2601-23-S2 Assessment 3
QUIZ
Started on Wednesday, 13 September 2023, 2:43 PM
State Finished
Completed on Wednesday, 13 September 2023, 3:24 PM
Time taken 40 mins 46 secs
Grade 42.00 out of 50.00 (84%)
Question 1
Complete
Mark 1.00 out of 1.00
Whom of the following may not temporarily authorise the exceeding of a customer’s
credit limit?
1. the business owner
2. the nancial manager
3. the director
4. the shareholder
Question 2
Complete
Mark 1.00 out of 1.00
Where will a supplier’s purchase journal transaction be processed?
1. Cash book
2. Customers
3. Journal
4. Suppliers
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13305218&cmid=640066&showall=1#question-13489197-5 1/14
,9/13/23, 4:18 PM Assessment 3: Attempt review
Question 3
Complete
Mark 1.00 out of 1.00
It is not a requirement that customer must always request a quotation as they can
directly place an order with the organisation.
Select one:
True
False
Question 4
Complete
Mark 1.00 out of 1.00
Which of the following is a data eld with details of the supplier with whom the
organisation is doing business with?
1. transaction discounts
2. document number
3. supplier code
4. nventory description
Question 5
Complete
Mark 1.00 out of 1.00
In Pastel, customer codes and account codes are primary keys in the relevant master
les.
Select one:
True
False
Question 6
Complete
Mark 1.00 out of 1.00
In a manufacturing environment, when raw material is issued for production the
accounting entry recorded is:
Dr Inventory – WIP
Cr Inventory – Raw materials
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13305218&cmid=640066&showall=1#question-13489197-5 2/14
, 9/13/23, 4:18 PM Assessment 3: Attempt review
Question 7
Complete
Mark 1.00 out of 1.00
When inventory is returned to the supplier, the Trade payables account is debited
with the amount including Vat (net of any trade discount received).
Select one:
True
False
Question 8
Complete
Mark 1.00 out of 1.00
Where is the total discount, tax and grand total situated for data elds with details
relating to a particular transaction in Pastel?
1. left top corner
2. left bottom corner
3. right top corner
4. right bottom corner
Question 9
Complete
Mark 1.00 out of 1.00
It is important that the supplier’s delivery note agree with actual quantity
received before it is signed. (Delivery)
Question 10
Complete
Mark 1.00 out of 1.00
It is a good idea to always make a backup before converting from one processing
method to another when using Pastel,
Select one:
True
False
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13305218&cmid=640066&showall=1#question-13489197-5 3/14
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