Ain2601 Assignment 3 Semester 2 2023

9/13/23, 4:18 PM Assessment 3: Attempt review




UNISA  2023  AIN2601-23-S2  Assessment 3

QUIZ




Started on Wednesday, 13 September 2023, 1:43 PM
State Finished
Completed on Wednesday, 13 September 2023, 1:24 PM
Time taken 50 mins 46 secs
Grade 48.00 out of 50.00 98%)


Question 1
Complete

Mark 1.00 out of 1.00




Whom of the following may not temporarily authorise the exceeding of a customer’s
credit limit?




1. the business owner

2. the nancial manager

3. the director

4. the shareholder




Question 2
Complete

Mark 1.00 out of 1.00




Where will a supplier’s purchase journal transaction be processed?




1. Cash book
2. Customers

3. Journal
4. Suppliers




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, 9/13/23, 4:18 PM Assessment 3: Attempt review

Question 3
Complete

Mark 1.00 out of 1.00




It is not a requirement that customer must always request a quotation as they can
directly place an order with the organisation.


Select one:
True

False




Question 4
Complete

Mark 1.00 out of 1.00




Which of the following is a data eld with details of the supplier with whom the
organisation is doing business with?


1. transaction discounts

2. document number

3. supplier code

4. nventory description




Question 5
Complete

Mark 1.00 out of 1.00




In Pastel, customer codes and account codes are primary keys in the relevant master
les.




Select one:
True

False




Question 6
Complete

Mark 1.00 out of 1.00




In a manufacturing environment, when raw material is issued for production the
accounting entry recorded is:

Dr Inventory – WIP
Cr Inventory – Raw materials




Select one:
True

False


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