AIN2601 ASSIGNMENT 7, SEMESTER 1 2023

AIN2601 ASSESSMENT 7 SEMESTER 1 2023
ASSIGNMENT UNIQUE NUMBER: 518323
CONTACT 061 583 0794
Started on Tuesday, 13 June 2023, 8:11 AM
State Finished
Completed on Tuesday, 13 June 2023, 9:00 AM
Time taken 48 mins 33 secs
Grade 35.00 out of 40.00 (88%)
Question 1
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The specific discount or terms specified during setup cannot be
modified for individual documents.


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True
False
Question 2
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Question text

Which one of the following is NOT an advantage of XBRL?




1.
Low initial cost investment.



2.

,IFRS requirements are met.



3.
Language barrier can be crossed.



4.
More accurate reporting.

Question 3
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A financial management information system integrates financial
and operational information from various sources into one
system and ensures easy and quick access to all relevant users.


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True
False
Question 4
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Sometimes the general ledger may consist of transactions that
are not updated.


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True
False
Question 5
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MRP II can determine the Bill of Material (BOM) as well as the
master production schedule.


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True
False
Question 6
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The international financial reporting standards (IFRS) require
financial statements to be understandable, reliable, compatible
and cost efficient.




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True
False
Question 7
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Question text

What is the purpose of the Developer tab in Excel?




a.
To view macros