Exam (elaborations)
MNB1601 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }
- Course
- Business Management IB
- Institution
- University Of South Africa
MNB1601 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }
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lOMoAR cPSD| 48803696Downloaded by Vincent kyalo ()
, lOMoAR cPSD| 48803696
Question 1
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question
Question text
The time value of money bears a direct relation to the opportunity of
____________ on an investment.
Select one:
a.
earning interest
b.
risking a loss
c.
selling-off d.
paying
interest
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The correct answer is: earning interest
Question 2
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Question text
The focal points of a budget for an income centre is determined by
measuring _______________ .
Select one:
a.
outputs in monetary terms
b.
inputs in monetary terms
c.
performance in monetary terms
d.
inputs and outputs in monetary terms
Feedback
The correct answer is: outputs in monetary terms
Question 3 Correct
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Question text
Downloaded by Vincent kyalo ()
, lOMoAR cPSD| 48803696
Kelly is the owner of a small gourmet burger food truck. She sells her
burgers during lunch in the parking lot of the Menlyn Maine shopping centre.
Her expenses are recorded as follow: Sales price per burger: R35 per burger
Variable cost per burger: R12 per burger
Total fixed cost per annum: R42 000
If Kelly were to sell 27 900 burgers what would her profit be?
Select one:
a.
R943 500
b.
R576 600
c.
R599 700
d.
Kelly would not make a profit
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The correct answer is: R599 700
Question 4
Correct
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Question text
Which one of the following options can be used to increase the value of the
business?
Select one:
a.
Investing in assets that will add value to the business
b.
Keeping the cost of capital as high as possible
c.
Investing in proper marketing and operational strategies
d.
Investing in liabilities that will add value to the business
Feedback
The correct answer is: Investing in assets that will add value to the business
Question 5
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Question text
Downloaded by Vincent kyalo ()
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____________ are the most common form of non-current liabilities and a
certificate is issued showing the conditions of the loan.
Select one:
a.
Registered-term loans
b.
Debentures
c.
Bonds
d.
Leases
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The correct answer is: Debentures
Question 6
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Question text
Kabelo and Hendrik are joint owners of Fitness Gym. At the beginning of each
year, they draw up the budget afresh and it is expected that they have to
justify anew their budget requests for the year to each other. Although this
approach has led to better prioritisation of their resource allocations, their
partnership is taking strain with the justification of their activities and
expenses to each other. Which type of budgeting do Kabelo and Hendrik use
at Fitness Gym?
Select one:
a.
Traditional budgeting
b.
Zero-based budgeting
c.
Collaborative budgeting
d.
Annual budgeting
Feedback
The correct answer is: Zero-based budgeting
Question 7
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Downloaded by Vincent kyalo ()
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