Exam (elaborations)
MNB1601 ASSIGNMENT 03 SEMESTER 1 2024 (869569)
- Institution
- University Of South Africa (Unisa)
MNB1601 ASSIGNMENT 03 SEMESTER 1 2024. ANSWERS AVAILABLE.
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Content preview
Website: www.sirmthembu.store | 0617568718/0670276883 | Email: info@sirmthembu.storeMNB1601 ASSIGNMENT 03_SEMESTER 1_2024
Started on Monday, 18 March 2024, 10:27 AM
State Finished
Completed on Monday, 18 March 2024, 10:37 AM
Time taken 10 mins 2 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Incorrect
Mark 0.00 out of 1.00
Flag question
Question text
Kate owns her own bakery and leases her operating equipment, such as ovens and fridges,
from EasyBake. The lease amount, which Kate pays back in regular installments, is
determined in such a way that the value of the asset, plus an interest charge, is paid back by
the end of the term of the lease, which is usually related to the lifespan of the asset. Which
type of financial leasing agreement does Kate have with EasyBake?
Select one:
a.
Operating-lease agreement
b.
Direct financial leasing
c.
Leaseback agreement
d.
Lifespan leasing
Feedback
The correct answer is: Direct financial leasing
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
The __________ of IBM consists primarily of receipts resulting from the sale of its products
and/or services.
Select one:
a.
profit
b.
income
All rights reserved SIR MTHEMBU (PTY) LTD
, Website: www.sirmthembu.store | 0617568718/0670276883 | Email: info@sirmthembu.store
c.
liquidity
d.
capital structure
Feedback
The correct answer is: income
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
__________ involves the sale of debtors and is strictly speaking not considered borrowing.
Select one:
a.
Bank overdrafts
b.
Preference shares
c.
Debtor finance
d.
Accruals
Feedback
The correct answer is: Debtor finance
Question 4
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which one of the following is a purpose of financial budgets?
Select one:
a.
They verify the viability of the strategic plans (operating budgets).
b.
They reveal the financial actions that the business must take to make the execution of its
strategic budgets possible.
c.
They indicate how the operating plans of the financial function will affect past financial
actions.
d.
They indicate how the operating plans of the business will affect future financial actions.
Feedback
All rights reserved SIR MTHEMBU (PTY) LTD
The benefits of buying summaries with Stuvia:
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
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller lwazimthembu10. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
53068 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now