MNB1601 Assessment 3 Answers

Assessment 3: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=145




UNISA  2024  MNB1601-24-S1  Welcome to MNB1601!  Assessment 3

QUIZ




Started on Thursday, 1 February 2024, 2:49 PM
State Finished
Completed on Thursday, 1 February 2024, 3:51 PM
Time taken 1 hour 1 min
Marks 18.00/20.00
Grade 90.00 out of 100.00


Question 1

Correct

Mark 1.00 out of 1.00




If a business looks at its activities and priorities afresh on an annual basis, which
budgeting approach would the business be using?

Select one:
a. Traditional budgeting
b. Zero-base budgeting 
c. Financial budgeting
d. Operating budgeting



The correct answer is: Zero-base budgeting




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,Assessment 3: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=145


Question 2

Incorrect

Mark 0.00 out of 1.00




For the period 1983 to 1989, IBM’s pro�t as a percentage of revenue decreased
from 13.6% to 6%. In 1991 and 1992, the company made a loss. Microsoft and
Intel, on the hand, showed signi�cant increases in their pro�t as a percentage of
revenue. Which one of the following equations would IBM have used to calculate
the company’s pro�t or loss?

Select one:
a. Pro�t/Sales x 100/1 
b. Income – cost
c. (Price x cost per unit) – units sold
d. Price x units sold



The correct answer is: Income – cost




Question 3

Correct

Mark 1.00 out of 1.00




The factor ( 1 + i ) n in the formula is known as the future-value factor (FVF) or
_____________ factor of a single amount.

Select one:
a. compound-interest 

b. capital-interest

c. original-investment

d. variable-interest




The correct answer is: compound-interest




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