Started on Tuesday, 3 October 2023, 9:44 PM
State Finished
Completed on /5. 8 3,/4
PM
Time taken 1025 5/ 5
Marks
out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Risk mapping is a technique for assessing the severity
or impact of a risk and the likelihood or frequency of
its occurrence. For what kind of risk assessment would
it probably be most appropriate to take out an
insurance policy from an insurance company?
(a) Severity low; frequency low
(b) Severity high; frequency low
(c) Severity high; frequency high
(d) Severity low; frequency high
Select one:
a. Severity high; frequency low
b. Severity low; frequency low
c. Severity low; frequency high
d. Severity high; frequency high
Question 2
Correct
Mark 2.00 out of 2.00
If a business causes pollution, which stakeholder will
most likely respond by protesting and petitioning?
Which of the following strategies are most likely to
enhance shareholder wealth?
(1) Increasing the directors’ bonuses.
(2) Decreasing the spending on employee training.
(3) Enhancing brand reputation and recognition.
(4) Increase spending on eliminating any harmful
impact that can be caused to the environment.
(5) Investments in projects that make use of
renewable resources while also delivering a positive
Net Present value.
(a) Statements (3), (4) and (5)
(b) Statements (1), (3) and (5)
(c) Statements (3), (4) and (5)
(d) Statements (2), (3) and (4)
Select one:
a. Statements (3), (4) and (5)
b. Statements (2), (3) and (4)
c. Statements (1), (3) and (5)
d. Statements (3), (4) and (5)
Question 4
Incorrect
Mark 0.00 out of 2.00
Select the scenario that best describes the application
of the conservative nancing policy.
(a) When the temporary working capital of Local Vibes
is low, their total funding will mainly consist of short-
term deposits.
(b) AC Suppliers makes use of more long-term
nancing.
(c) ABACUS manufacturers will invest all excess
money in long-term instruments.
(d) RIP-Funeral services uses long-term nancing only
to support the peaks of their temporary working
capital.
Select one:
a. ABACUS manufacturers will invest all excess
money in long-term instruments.
b. RIP-Funeral services uses long-term
nancing only to support the peaks of
their temporary working capital.
c. When the temporary working capital of Local
Vibes is low, their total funding will mainly
consist of short-term deposits.
d. AC Suppliers makes use of more long-term
nancing.
Angota Company has 100 000, ordinary shares issued
with a nominal value of R1,00 and a market value of
R2,50. It is proposing to make a 1 for 5 offers for free
additional shares to existing shareholders. What will be
the effect of this proposed issue be on the statement of
nancial position gure for issued share capital and
reserves?
(a) Issued share capital will increase by R20 000, and
reserves will be unchanged.
(b) Issued share capital will increase by R20 000;
reserves will decrease by R20 000
(c) Issued share capital will increase by R50 000;
reserves will decrease by R20 000.
(d) There will be no change to capital or reserves
because no new nance is raised.
Select one:
a. Issued share capital will increase by R20 000,
and reserves will be unchanged.
b. Issued share capital will increase by R20
000; reserves will decrease by R20 000.
c. Issued share capital will increase by R50 000;
reserves will decrease by R20 000.
d. There will be no change to capital or reserves
because no new nance is raised.
Home Brew is a newly established brewery in South
Africa. They are brewing unique “craft” beer. They plan
to establish themselves as a leader in the South
African beer industry. They identi ed their main risk
objectives according to the COSO risk management
framework. From the following list, select all the correct
main risk objectives to be identi ed by Home Brew.
(1) Operations – To produce and deliver high quality
beer in an effective, e cient, and timely way.
(2) Compliance – To conform to all legislative
requirements for licensing, production, distribution,
advertising, taxation, labour relations etcetera.
(3) Reporting – Providing timely and reliable
information aligned with reporting standards and best
practices to enable stakeholders to analyse data and
make sound business decisions.
(4) Strategic – High level goals and related risks that
are aligned with the organisation’s mission and
strategic objectives to establish themselves as a
leader in the South African beer industry.
a) Statements (1), (2) and (3)
b) Statements (2), (3) and (4)
c) Statements (1), (2) and (4)
d) Statements (1), (2), (3) and (4)
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur ExpertAcademy. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour €4,64. Vous n'êtes lié à rien après votre achat.