UNISA 2024 MAC1501-24-S1 Welcome Message Assessment 1
QUIZ
OSCAR THE TUTOR
oscardiura@gmail.com
WHATSAPP: 0737560989
Started on Tuesday, 12 March 2024, 3:44 PM
+27844708483 for
State Finished FAC,MAC,ECS,TAX,QMI,FIN,INV,BNU,M
Completed on Tuesday, 12 March 2024, 4:02 PM NB STA MNG
Time taken 18 mins 43 secs DSC tutorials
Marks 32.00/32.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Complete the following statements by choosing the correct answer from the
options provided:
OSCAR THE TUTOR
oscardiura@gmail.com
[[1]] is used for planning, control and Management accounting
WHATSAPP: 0737560989
decision-making purposes.
+27844708483 for
FAC,MAC,ECS,TAX,QMI,FIN,INV,B
NU,MNB STA MNG
[[5]] reports to shareholders and other Financial accounting DSC tutorials
interested parties.
Question 2
Correct
Mark 2.00 out of 2.00
If a company increases its activity within the relevant range, indicate the effect
on the following costs:
Total variable costs will increase
Total variable cost per unit will remain the same
,Question 3
Correct
Mark 2.00 out of 2.00
Mmamazala (Pty) Limited manufactures and sells aluminum cans. Classify
the following items as consumables or indirect materials:
Vanish used for vanishing the bottoms of the Indirect materials
cans.
Cleaning agents for washing the cans before Consumables
packing.
Question 4
Correct
Mark 2.00 out of 2.00
Complete the following statements by choosing the correct answer from the
list:
Ndwedwe Pty Ltd prints a book titled Izithakazelo. The paper going into the
manufacture of the book would be called direct materials and classified as
a product cost.
In terms of cost behaviour, the paper used in the manufacturing of the book,
would be classified as a variable cost.
Question 5
Correct
Mark 2.00 out of 2.00
Complete the following statements by choosing the correct answer:
Some costs are part fixed and part variable and are called
semi-variable costs.
Ordering costs are all the costs relating to the preparation and
processing of purchasing documentation and to receiving and inspecting
the purchased items.
, Question 6 OSCAR THE TUTO
Correct oscardiura@gmail.c
Mark 2.00 out of 2.00
m
WHATSAPP:
0737560989
+27844708483 for
Complete the table by selecting the appropriate description from the list FAC,MAC,ECS,TAX
below: QMI,FIN,INV,BNU,M
NB STA MNG
Category of Description DSC tutorials
inventory
finished assets manufactured and held for sale in the ordinary course of business
goods
materials assets to be consumed in the production process
and
supplies
OSCAR THE TUTOR
oscardiura@gmail.com
WHATSAPP: 0737560989
Question 7
+27844708483 for FAC,MAC,ECS,TAX,QMI,FIN,INV,BNU,MNB STA
Correct
MNG
Mark 2.00 out of 2.00 DSC tutorials
Complete the following statement by choosing the correct answer:
financial statements are prepared for external users, while
management reports are prepared for internal users.
Question 8
Correct
Mark 2.00 out of 2.00
Modise manufactures plastic toys. In determining the cost of making a toy,
classify the following costs as manufacturing overheads or non-manufacturing
overheads.
Manufacturing overhead
Factory water and electricity bills.
Ink for the printer that used to print Non-manufacturing overhead
monthly salary slips.
OSCAR THE TUTOR
oscardiura@gmail.com
WHATSAPP: 0737560989
+27844708483 for FAC,MAC,ECS,TAX,QMI,FIN,INV,BNU,MNB STA
MNG
DSC tutorials
