Exam (elaborations)

FAC1602 ASSESSMENT 4 UNISA SEMESTER 2 2024 (+A SOLUTIONS) What is the primary objective of a statement of cash flows? a. To predict future sales revenue. b. To report only the income earned by a business during the year. c. To provide information about th

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Course
Elementary Financial Accounting and Reporting (FAC1602)

Institution
University Of South Africa (Unisa)

FAC1602 ASSESSMENT 4 UNISA SEMESTER 2 2024 What is the primary objective of a statement of cash flows? a. To predict future sales revenue. b. To report only the income earned by a business during the year. c. To provide information about the cash inflows and outflows of a business during a fin...

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Uploaded on October 22, 2024
Number of pages 228
Written in 2024/2025
Type Exam (elaborations)
Contains Questions & answers

elementary financial accounting and reporting

Institution
University of South Africa (Unisa)
Course
Elementary Financial Accounting and Reporting (FAC1602)

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Education is the most powerful weapon which you can use to change the world

,10/22/24, 9:26 AM Assessment 4 (page 1 of 17)

FAC1602-24-S2  Welcome Message  Assessment 4

QUIZ

Time left 2:25:44

Question 1
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What is the primary objective of a statement of cash flows?

a. To predict future sales revenue.
b. To report only the income earned by a business during the year.
c. To provide information about the cash inflows and outflows of a
business during a financial year.
d. To track the changes in equity over the financial period.

Clear my choice

https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23298066&cmid=1008894 1/1

, 10/22/24, 9:26 AM Assessment 4 (page 2 of 17)

FAC1602-24-S2  Welcome Message  Assessment 4

QUIZ

Time left 2:25:52

Question 2
Answer saved

Marked out of 2.00

In which situation would a branch need to record an entry in the branch
adjustment account?

a. When the branch makes a local purchase
b. When inventory is invoiced at cost price
c. When inventory is returned to the head office
d. When inventory is invoiced at selling price

Clear my choice

https://mymodules.dtls.unisa.ac.za/mod/quiz/attempt.php?attempt=23298066&cmid=1008894&page=1 1/1

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Exam (elaborations) ·

Exam (elaborations)

FAC1602 ASSESSMENT 4 UNISA SEMESTER 2 2024 (+A SOLUTIONS) What is the primary objective of a statement of cash flows? a. To predict future sales revenue. b. To report only the income earned by a business during the year. c. To provide information about th

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