FIN2603 Assignment 1 Semester 2 2023 ()SOLUTIONS/ANSWERS
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Question 1
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Finance can be defined as the ...
Select one:
a.
science of the production, distribution and consumption of wealth.
b.
art of merchandis...
Assessment 1
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Completion requirements
Opened: Thursday, 3 August 2023, 8:00 AM
Closes: Wednesday, 30 August 2023, 8:00 PM
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Question 1
Not yet answered
Marked out of 1.00
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Question text
Finance can be defined as the ...
Select one:
a.
science of the production, distribution and consumption of wealth.
b.
art of merchandising products and services.
c.
system of debits and credits.
d.
art and science of managing money.
Clear my choice
Question 2
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Any organisation that is managed in accordance with business principles should be able to ensure its survival
because it will ...
Select one:
a.
plan its cash inflows and outflows by means of a cash budget.
b.
maximise its revenue from sales and control its expenses.
c.
keep its cost of financing as low as possible.
d.
undertake all the above-mentioned financial measures.
Clear my choice
Question 3
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