100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
AIN2601 Assessment 3 2nd Attempt Semester 2 2023 Q&A $5.64   Add to cart

Exam (elaborations)

AIN2601 Assessment 3 2nd Attempt Semester 2 2023 Q&A

 5 views  0 purchase
  • Course
  • Institution

AIN2601 Assessment 3 2nd Attempt Semester 2 2023 Q&A Guaranteed distinction

Preview 3 out of 18  pages

  • November 10, 2023
  • 18
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
UNISA  2023  AIN2601-23-S2  Assessment 3

QUIZ




Started on Friday, 15 September 2023, 8:49 AM
State Finished
Completed on Friday, 15 September 2023, 9:49 AM
Time taken 59 mins 59 secs
Grade 35.00 out of 50.00 (70%)


Question 1

Incorrect

Mark 0.00 out of 1.00




Though customer account codes can be changed, they are used as the primary key in the customer master file.




Select one:
True

False 



The correct answer is 'True'.




Question 2
Correct

Mark 1.00 out of 1.00




Options and buttons displayed on each source’ document will be printed on the document.



Select one:
True

False 



The correct answer is 'False'.

,Question 3

Correct

Mark 1.00 out of 1.00




The supplier's name is the primary key that uniquely identifies the supplier from the supplier master file


Select one:
True

False 



The correct answer is 'False'.




Question 4
Correct

Mark 1.00 out of 1.00




Changes cannot be made to saved documents that have not been updated.


Select one:
True

False 



The correct answer is 'False'.




Question 5
Correct

Mark 1.00 out of 1.00




Allowing sales on credit ….




1. reduces you customer number

2. increases the profit of the business

3. reduces the demand for the inventory item sold on credit

4. increases the risk of bad debts 




Your answer is correct.

The correct answer is:
increases the risk of bad debts

, Question 6

Incorrect

Mark 0.00 out of 1.00




The reason why we only see totals reflected in the payroll system and not individual item paid to the employees (as seen in
the AIS) is because salary information is personal and sensitive.


Select one:
True 

False



The correct answer is 'False'.




Question 7
Incorrect

Mark 0.00 out of 1.00




Customers, suppliers and inventory items require their own unique ________ to be set up.


1. receipts

2. invoices

3. data

4. information 




Your answer is incorrect.

The correct answer is:
data




Question 8
Incorrect

Mark 0.00 out of 1.00




Which of the following is a data field with details relating to the inventory being purchased?


1. document number 

2. transaction discounts and terms

3. tax

4. supplier name




Your answer is incorrect.

The correct answer is:
tax

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller pietvdw0002. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $5.64. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77988 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$5.64
  • (0)
  Add to cart