FAC1502-26-S1 Welcome Message Assessment 1
QUIZ
Assessment 1
Opened: Thursday, 5 March 2026, 8:00 AM
Closes: Tuesday, 10 March 2026, 8:00 AM
659430
Dear students,
Please take note of the following important information regarding Assessment 1 for FAC1502:
Assessment 1 unique number: 659430
NB: Kindly note there are two attempts permitted for the submission of this assessment and no extensions will be granted for whatever reason (sick note, load shedding,
network problems, etc.).
It is the student’s responsibility to submit assessment 1 before the due date.
Always read the instructions page carefully at the start of the assessment.
NB: If you missed Assessment 1, you will be required to complete the admin self-assessment to do any assessments 2, 3, 4, or 5. You must pass this admin self-
assessment with 80% to unlock all your assessments.
Please note the following:
1. The assessment is timed. Once you click on start assessment, a timer will start counting down on the system. Once a timer runs out, your assessment 1 will be
automatically submitted. You must stay online for the duration of your Assessment 1. You only have two attempts to complete and submit Assessment 1.
Assessment 1 will only be open for submission for a period of 5 days.
1. You need to know the content of study units 1 to 4 to complete Assessment 1.
2. You will have two attempts to complete Assessment 1, contributing 10% towards your year mark for FAC1502. The answers or reviews to the assessment will not be
released immediately after the assessment is closed. Students will receive their marks after each assessment attempt
3. How to use a smartphone
If you are using a smartphone to answer your assignments, you must hold your smartphone horizontally (---) when you choose the correct option for an MCQ.
We have noted that when the smartphone is held vertically (|), the options for the questions do not show the radio button next to the option.
When you use your smartphone to access myUnisa, you should use the Unisa myModules app and not via your smartphone's internet browser.
4. Internet connectivity
Please ensure you have stable internet connectivity whilst submitting your assessment and consider your load shedding/reduction schedule if applicable.
5. DO NOT open your assessment simultaneously in multiple browser windows or tabs. If you do so, the system will automatically submit responses on your behalf without
your knowledge. Marks awarded for automatic submissions will be final marks. No additional opportunity for resubmissions will be given unless students utilize their
second Quiz assessment opportunity within the period the assessment is open for submission.
6. DO NOT click your browser's back button while taking your assessment. Students risk losing previous responses should they utilise browser navigation buttons. Students
are advised always to use Moodle navigation buttons to move to the next and previous (if allowed) question and to “Save” and "Submit.”.
7. Kindly note that you can view your mark obtained for Assessment 1 and the overall feedback for Assessment 1 after you submit an attempt.
8. You will be able to view the questions you have received for the attempt, with the answers and feedback, after the due date of Assessment 1.
Kind regards
FAC1502 lecturers
Attempts allowed: 2
Time limit: 40 mins
Grading method: Highest grade
Grade to pass: 50.00 out of 100.00
, Summary of your previous attempts
Marks / Grade /
Attempt State 30.00 100.00 Review Feedback
1 Finished 29.00 96.67 Congratulations, you passed this assessment with a distinction. Keep up the
Submitted Friday, 6 March 2026, good work.
11:40 AM
Highest grade: 96..00.
Overall feedback
Congratulations, you passed this assessment with a distinction. Keep up the good work.
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Additional Resources Assessment 2
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This page is: General type: incourse. Context Quiz: Assessment 1 (context id 32526116). Page type mod-quiz-view.
,FAC1502-26-S1 Welcome Message Assessment 1
QUIZ
Time left 0:22:15
Question 8
On 24 January 20.5 Blackpens a bank overdraft balance of R1 500. On 25 January 20.5 Ms Prince, a debtor, made a direct payment of R2 500 into the
Not yet
bank account of Blackpens.
answered
Marked out of The correct NET effect of the transaction on each element of the basic accounting equation in the books of Blackpens is ...
3.00
Instructions:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. A decrease in an amount must be indicated by using a negative sign in front of the amount (eg: -1000.01)
4. An increase must be indicated by the amount without any sign (eg: 1000.01)
5. If an option is not applicable, please indicate with a zero "0".
Equity = Assets - Liabilities
R R R
0 1500.00 -1500.0
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Additional Resources Assessment 2
, FAC1502-26-S1 Welcome Message Assessment 1
QUIZ
Time left 0:27:11
Question 6 Indicate by choosing the correct option whether the following statement is true or false:
Not yet
The statement of financial position reports on the assets, equity and liabilities of an entity as at the end of a period.
answered
Marked out of
1.00
True
False
Question 7
The owner, Mr Mpho made a capital contribution to the business of R15 000 cash. The business maintained a favourable bank balance.
Not yet
answered Prepare the BAE incorporating the information form the above transaction in the table below by indicating the net effect (amount) and the account debited and credited:
Marked out of
6.00
Instructions for numeric responses:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. When an element decreases, use a negative sign in front of the amount (eg: -1000.01)
4. When an element increases, the amount will be without any sign (eg: 1000.01)
5. Only show the amount, do not show the "R" (eg: 1000)
6. If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a zero ("0")
Assets = Equity + Liabilities
15000 15000 0
Bank account debit Capital account credit Not applicable
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Additional Resources Assessment 2
QUIZ
Assessment 1
Opened: Thursday, 5 March 2026, 8:00 AM
Closes: Tuesday, 10 March 2026, 8:00 AM
659430
Dear students,
Please take note of the following important information regarding Assessment 1 for FAC1502:
Assessment 1 unique number: 659430
NB: Kindly note there are two attempts permitted for the submission of this assessment and no extensions will be granted for whatever reason (sick note, load shedding,
network problems, etc.).
It is the student’s responsibility to submit assessment 1 before the due date.
Always read the instructions page carefully at the start of the assessment.
NB: If you missed Assessment 1, you will be required to complete the admin self-assessment to do any assessments 2, 3, 4, or 5. You must pass this admin self-
assessment with 80% to unlock all your assessments.
Please note the following:
1. The assessment is timed. Once you click on start assessment, a timer will start counting down on the system. Once a timer runs out, your assessment 1 will be
automatically submitted. You must stay online for the duration of your Assessment 1. You only have two attempts to complete and submit Assessment 1.
Assessment 1 will only be open for submission for a period of 5 days.
1. You need to know the content of study units 1 to 4 to complete Assessment 1.
2. You will have two attempts to complete Assessment 1, contributing 10% towards your year mark for FAC1502. The answers or reviews to the assessment will not be
released immediately after the assessment is closed. Students will receive their marks after each assessment attempt
3. How to use a smartphone
If you are using a smartphone to answer your assignments, you must hold your smartphone horizontally (---) when you choose the correct option for an MCQ.
We have noted that when the smartphone is held vertically (|), the options for the questions do not show the radio button next to the option.
When you use your smartphone to access myUnisa, you should use the Unisa myModules app and not via your smartphone's internet browser.
4. Internet connectivity
Please ensure you have stable internet connectivity whilst submitting your assessment and consider your load shedding/reduction schedule if applicable.
5. DO NOT open your assessment simultaneously in multiple browser windows or tabs. If you do so, the system will automatically submit responses on your behalf without
your knowledge. Marks awarded for automatic submissions will be final marks. No additional opportunity for resubmissions will be given unless students utilize their
second Quiz assessment opportunity within the period the assessment is open for submission.
6. DO NOT click your browser's back button while taking your assessment. Students risk losing previous responses should they utilise browser navigation buttons. Students
are advised always to use Moodle navigation buttons to move to the next and previous (if allowed) question and to “Save” and "Submit.”.
7. Kindly note that you can view your mark obtained for Assessment 1 and the overall feedback for Assessment 1 after you submit an attempt.
8. You will be able to view the questions you have received for the attempt, with the answers and feedback, after the due date of Assessment 1.
Kind regards
FAC1502 lecturers
Attempts allowed: 2
Time limit: 40 mins
Grading method: Highest grade
Grade to pass: 50.00 out of 100.00
, Summary of your previous attempts
Marks / Grade /
Attempt State 30.00 100.00 Review Feedback
1 Finished 29.00 96.67 Congratulations, you passed this assessment with a distinction. Keep up the
Submitted Friday, 6 March 2026, good work.
11:40 AM
Highest grade: 96..00.
Overall feedback
Congratulations, you passed this assessment with a distinction. Keep up the good work.
Previous activity Next activity
Jump to...
Additional Resources Assessment 2
Contact us Get the mobile app
You are logged in as TINY KGOTHATSO MALATJI (Log out)
Follow us
Data retention summary
Get the mobile app
This page is: General type: incourse. Context Quiz: Assessment 1 (context id 32526116). Page type mod-quiz-view.
,FAC1502-26-S1 Welcome Message Assessment 1
QUIZ
Time left 0:22:15
Question 8
On 24 January 20.5 Blackpens a bank overdraft balance of R1 500. On 25 January 20.5 Ms Prince, a debtor, made a direct payment of R2 500 into the
Not yet
bank account of Blackpens.
answered
Marked out of The correct NET effect of the transaction on each element of the basic accounting equation in the books of Blackpens is ...
3.00
Instructions:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. A decrease in an amount must be indicated by using a negative sign in front of the amount (eg: -1000.01)
4. An increase must be indicated by the amount without any sign (eg: 1000.01)
5. If an option is not applicable, please indicate with a zero "0".
Equity = Assets - Liabilities
R R R
0 1500.00 -1500.0
Previous activity Next activity
Jump to...
Additional Resources Assessment 2
, FAC1502-26-S1 Welcome Message Assessment 1
QUIZ
Time left 0:27:11
Question 6 Indicate by choosing the correct option whether the following statement is true or false:
Not yet
The statement of financial position reports on the assets, equity and liabilities of an entity as at the end of a period.
answered
Marked out of
1.00
True
False
Question 7
The owner, Mr Mpho made a capital contribution to the business of R15 000 cash. The business maintained a favourable bank balance.
Not yet
answered Prepare the BAE incorporating the information form the above transaction in the table below by indicating the net effect (amount) and the account debited and credited:
Marked out of
6.00
Instructions for numeric responses:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. When an element decreases, use a negative sign in front of the amount (eg: -1000.01)
4. When an element increases, the amount will be without any sign (eg: 1000.01)
5. Only show the amount, do not show the "R" (eg: 1000)
6. If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a zero ("0")
Assets = Equity + Liabilities
15000 15000 0
Bank account debit Capital account credit Not applicable
Previous activity Next activity
Jump to...
Additional Resources Assessment 2
