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Mac2602 Assignment 2 semester 2 2024
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9/5/23, 12:57 PM Assessment 2: Attempt reviewMAC2602-23-S2 Welcome Message Assessment 2
QUIZ
Started on :281. ,2 24/27
State Finished
Completed on :281. ,2 24/27
Time taken 4358 8208
Marks
Grade out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Which ONE of the following options provides the most correct description of the
primary nancial objective of a pro t-making company?
(a) To maximise the level of annual pro ts
(b) To achieve long-term growth in earnings
(c) To maximise the level of annual dividends
(d) To maximise the wealth of its shareholders
Select one:
a. To achieve long-term growth in earnings
b. To maximise the level of annual dividends
c. To maximise the wealth of its shareholders
d. To maximise the level of annual pro ts
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13041919&cmid=624528 1/19
, 9/5/23, 12:57 PM Assessment 2: Attempt review
Question 2
Correct
Mark 2.00 out of 2.00
After successfully completing your degree, you have just started working at a
company. You have noticed the following as per the list below. Which of the actions
adhere to good corporate governance?
(1) Staff have access to a wide range of information including details of client
accounts, to enable good client service.
(2) The organisation has a graduate program, whereby they offer bursaries to
students and then employ them as trainees once they have completed their studies.
(3) A free annual holiday is given to all directors, and this is not declared as it is not
in the form of a cash payment.
(4) Sometimes, but not very often, if there is a large expense the company will
capitalise it, but only it if is over R100 000.
(a) Statements (1), (2), and (4)
(b) Statements (1), (2), and (3)
(c) Statement (2) and (3)
(d) Statement (2) only
Select one:
a. Statement (2) only
b. Statements (1), (2), and (3)
c. Statements (1), (2), and (4)
d. Statement (2) and (3)
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=13041919&cmid=624528 2/19
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