Case Study: Financial Decision-Making at Swift Supplies Swift Supplies, a medium-sized office supplies company, has been operating successfully for the past five years. The company’s financial statements for the year ended 31 December 2023 reveal the following: • Statement of Financial Position Highlights: o Total assets: R5,000,000o Total liabilities: R3,200,000o Equity: R1,800,000• Statement of Comprehensive Income Highlights: o Revenue: R10,000,000o Cost of Sales: R6,000,000o Operating […]
Scenario-Based Report (35 Marks)As the financial manager of Greenleaf Hospital, you are facing an ethical dilemma involving a patient, John Doe, who requires urgent medical treatment that is not covered under the existing medical aid authorization. The hospital must navigate financial constraints while upholding ethical and professional responsibilities in patient care. You are tasked with developing a comprehensive financial and ethicalstrategy to address this situation […]
QUESTION ONE [40] Read the article below and answer the questions that follow: 14 Tech-Related Ethical Concerns and How They Can be Addressed Modern technology tools such as artificial intelligence, machine learning and quantum computing can offer amazing benefits to industry and society, from better sharing of marketing messages to tracking human health to eliminating mundane tasks and giving humans free time to create—and much […]
Case Study: Financial Decision-Making at Swift Supplies Swift Supplies, a medium-sized office supplies company, has been operating successfully for the past five years. The company’s financial statements for the year ended 31 December 2023 reveal the following: • Statement of Financial Position Highlights: o Total assets: R5,000,000o Total liabilities: R3,200,000o Equity: R1,800,000• Statement of Comprehensive Income Highlights: o Revenue: R10,000,000o Cost of Sales: R6,000,000o Operating […]
Discuss the presentation preparations evident in the illustration above. (5) Outline the additional preparations the speaker should have taken. (10) Determine the non-verbal cues a speaker would need to consider when delivering a presentation.(10) Analyse the communication process in the cartoon. Identify the sender, receiver, message, and potential barriers to effective communication. (10) Consider the backup plans highlighted in the cartoon. Why are having contingencies […]
QUESTION ONE [35] In a small town the distance of a sample of 122 randomly selected house from the entrance to the town’s main supermarket was measured to the nearest metre. The table below shows this information DISTANCE FREQUENCY [57; 60) 9 [60; 63) 10 [63; 66) 18 [66; 69) 42 [69; 72) […]
QUESTION ONE [25] The following financial information relates to Cams Limited. Statement of Financial Position as at 31 December 2020 and 2021 2021 R 2020 R Ordinary share capital 400 000 295 000 Retained earnings 55 000 5 000 Property, plant and equipment 230 000 195 000 Investments 165 000 110 000 Debentures 12.5% 20 000 60 000 Inventory 124 000 120 000 Trade […]
Samke Limited sells new equipment and repairs equipment for their regular customers. The following information was extracted from the accounting records for the financial year ended 30 June 2021 1. Extracted from the Pre-Adjustment Trial Balance at 30 June 2021: R Fixed deposit 160 000 Inventory: Trade goods 219 800 Debtors control 39 090 Machinery 224 000 Accumulated depreciation: Machinery 130 000 Long term […]
QUESTION ONE [25] According to Writing (2019), the purchasing department is responsible for procuring raw materials and other resources at the best possible price. In relation to the above, and with the aid of examples, discuss the functions of the purchasing management. (15) Explain the layout of production for a hotel’s interior and exterior and provide examples to support your answer. (10) QUESTION TWO [30] […]
Question 1: Four alternatives are provided for each of the following questions. Choose the correct alternative for each of the questions/statements. Questions 1.1 to 1.5 carry mark each. Questions 1.6 to 1.10 carry 2 marks each. Write down the question number and the letter corresponding to your choice next to the question number. The components of a complete set of financial statements are the following: […]
