Exam (elaborations)
FAC1602 Assignment 4 Semester 1 2024
- Institution
- University Of South Africa (Unisa)
FAC1602 Assignment 4 2024
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Stuvia.com - The study-notes marketplace1. UNISA
2. 2024
3. FAC1602-24-Y
4. Welcome Message
5. Assessment 4
QUIZ
Assessment 4
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Question 1 1an - Which one of the following alternatives is correct regarding the main objective of
nancial statement analysis?
Answer saved
Marked out of
1.00 a. To exclusively analyse the entity's past management style without future planning.
Flag b. To assess the entity’s performance and nancial position in relation to risk.
question
c. To ensure compliance with nancial reporting standards.
d. To provide a detailed forecast of the entity’s future revenue only.
e. To eliminate the need for internal nancial audits.
Clear my choice
Question 2 1c- Which one of the following alternatives is correct about the main objective of a
Answer saved Statement of Cash Flows?
Marked out of
1.00
a. It provides information on the cash in ows and out ows during the year.
Flag
question
b. It provides information primarily on the pro tability from operations.
c. It offers detailed insights into the entity’s equity changes over the scal year.
d. It is used to calculate the entity’s tax obligations.
e. It only details the entity's future nancial expectations.
Clear my choice
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, Question 27 2an - Which one of the following alternatives is correct regarding pro tability ratios?
Answer saved
Marked out of a. They provide measures of success in generating comprehensive income.
1.00
b. They compare current assets to long-term liabilities.
Flag
question c. They indicate how pro table the company's investments are for its debtors.
d. They measure the entity's long-term nancial stability.
e. They are primarily concerned with the entity’s ability to pay dividends and
donations.
Clear my choice
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