NOV 2019 – Page 16

CSME – Nov 2019 – L2 – Q6c – Ethics in Business

Discusses ethical non-consequentialism with a focus on duty and highlights problems associated with this ethical theory.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Deontological Ethics, Duty Ethics, Non-Consequentialism
Level: Level 2

Topic: Ethics in Business
Series: NOV 2019

CSME – Nov 2019 – L2 – Q6b – Ethics in Business

Discusses the differences between ethical subjectivism and situation ethics.

Question

b) Distinguish ethical subjectivism from situation ethics. (6 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Ethics, Ethical Subjectivism, Situation Ethics
Level: Level 2

Topic: Ethics in Business
Series: NOV 2019

CSME – Nov 2019 – L2 – Q6a – Strategic Planning Process

Defines business strategy and highlights key questions that a five-year business strategy must answer.

Question

(a) Define “business strategy” and highlight EIGHT questions that a five-year business strategy must seek to answer. (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Strategy, Organizational Growth, Strategic Planning
Level: Level 2

Topic: Strategic Planning Process
Series: NOV 2019

CSME – Nov 2019 – L2 – Q5b – Corporate Governance

Analyzes the alternative types of board structures and provides arguments for the most viable option.

Question

(b) Analyze the alternative types of board structure that a company might adopt and provide an argument in support of the one you consider to be more viable. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Board Structure, Corporate Governance, Two-Tier Board, Unitary Board
Level: Level 2

Topic: Corporate Governance
Series: NOV 2019

CSME – Nov 2019 – L2 – Q5a – Risk Management and Corporate Strategy

Outlines a presentation on the functions and determinants of the efficiency of a risk manager.

Question

(a) You are preparing for a job interview as a risk manager. This requires you to make a ten-minute presentation on the functions and determinants of the efficiency of a risk manager.

Required:
Present an outline of your 10-minute presentation. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Strategy, Risk Management, Risk Manager Efficiency
Level: Level 2

Topic: Risk Management, Risk Management and Corporate Strategy
Series: NOV 2019

CSME – Nov 2019 – L2 – Q4c – Corporate Social Responsibility (CSR)

Explores the concept of social ecology and its impact on corporate social responsibility.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Sustainability, Environmental Responsibility, Social Ecology
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

CSME – Nov 2019 – L2 – Q4b – Corporate Social Responsibility (CSR)

Explores the concept of carbon neutrality and its application to corporate operations.

Question

(b) Discuss the concept of carbon neutrality in relation to the operations of companies. (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Carbon Neutrality, Corporate Sustainability, Environmental impact
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)

Discusses the environmental and social impacts created by organizations in their pursuit of economic wealth.

Question

a) In their quest to create economic wealth, business organizations leave environmental and social footprints.

Required:
Discuss environmental and social footprints of organizations. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Corporate Social Responsibility, Environmental Footprint, Social Impact
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

CSME – Nov 2019 – L2 – Q3b – Ethical Issues in Corporate Governance

Discusses the application of six principles of the Nolan Committee in public finance management.

Question

(b) The public sector is the driver of the economies of many developing nations. Public Finance Management has become a focus of attention in these economies. Development partners have therefore drawn the attention of governments to the Nolan Committee’s report on Standards in Public Life.

Required:
Discuss SIX of these principles for public office holders and show how they can enhance performance in the public sector. (6 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Nolan Committee, Public Finance, Public sector governance
Level: Level 2

Topic: Ethical Issues in Corporate Governance
Series: NOV 2019

CSME – Nov 2019 – L2 – Q3a – Corporate Governance

Discusses basic concepts that are essential for good corporate governance and their relation to governance practices.

Question

(a) There are basic concepts that must be observed for good corporate governance in an entity.

Required:
Discuss these concepts and show how they relate to good corporate governance. (14 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountability, Corporate Governance, Fairness, Transparency
Level: Level 2

Topic: Corporate Governance
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q12 – Costing Methods

This question asks to identify where the concept of equivalent units of production is relevant.

Question

In which of the following is the concept of equivalent units of production relevant?
A. Job costing
B. Batch costing
C. Uniform costing
D. Contract costing
E. Process costing

Answer

Find Related Questions by Tags, levels, etc.

Level: Level 1

Topic: Costing Methods
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q11 – Budgeting

This question asks to calculate the quantity to be produced based on expected sales and opening/closing inventory.

Question

If the expected sales is 360,000 units and the opening inventory is 40,000 units while the closing inventory is anticipated to be one third of sales units, what is the quantity to be produced for a given period?
A. 480,000 units
B. 440,000 units
C. 400,000 units
D. 360,000 units
E. 220,000 units

Answer

Find Related Questions by Tags, levels, etc.

Tags: Budgeting, Inventory Management, MCQ, Production planning
Level: Level 1

Topic: Budgeting
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q10 – Information Systems

This question asks to identify the requirement under which integrated accounts are generally prepared.

Question

The integrated accounts are generally prepared in line with ………. requirement:
A. Cost accounting
B. Responsibility accounting
C. Control account
D. Management account
E. Financial accounting

Answer

Find Related Questions by Tags, levels, etc.

Tags: Financial Accounting, Integrated Accounts, Management Information, MCQ
Level: Level 1

Topic: Information Systems Development and Security
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q9 – Accounting for Cost Elements

This question asks to identify a factor not considered in calculating the economic order quantity (EOQ).

Question

Economic order quantity is a quantity of materials and components to be ordered which takes into account the optimum combination of all the following, EXCEPT:
A. Stockholding costs
B. Amount of costs tied up in inventory
C. Order delivery time
D. Cost of processing the order
E. Warehouse rent

Answer

Find Related Questions by Tags, levels, etc.

Tags: EOQ, Inventory Management, Management Information, MCQ
Level: Level 1

Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q8 – Accounting for Cost Elements

This question asks to identify the term used for wages paid to employees not directly involved in production.

Question

The amount of wages paid to some set of employees who are not directly engaged in the process of converting raw materials into finished product is called:

A. Labour cost
B. Direct wages cost
C. Variable cost
D. Indirect labour cost
E. Wages and salaries

Answer

Find Related Questions by Tags, levels, etc.

Tags: Indirect Costs, Labour Costs, Management Information, MCQ
Level: Level 1

Topic: Accounting for Cost Elements
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q7 – Costing Methods

This question asks for the system designed to suit the way goods are manufactured or services are provided.

Question

The system designed to suit the ways goods are manufactured or processed or the way services are provided is referred to as:
A. Job costing
B. Specific order costing
C. Costing methods
D. Process costing
E. Batch costing

Answer

Find Related Questions by Tags, levels, etc.

Tags: Costing Systems, Management Information, Manufacturing, MCQ
Level: Level 1

Topic: Costing Methods
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q6 – Accounting for Cost Elements

This question asks to calculate the minimum inventory level for a company's production process.

Question

What is the minimum inventory level?
A. 360,000 units
B. 240,000 units
C. 180,000 units
D. 160,000 units
E. 120,000 units

Answer

Find Related Questions by Tags, levels, etc.

Tags: Inventory Management, Management Information, MCQ, Minimum Inventory Level
Level: Level 1

Topic: Accounting for Cost Elements
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q5 – Accounting for Cost Elements

This question asks to calculate the re-order level for a company's inventory management.

Question

XBA Company uses a single material to produce its final product called COCOAB. The usage for the production ranges between 30,000 units and 60,000 units a day with the delivery period from 3 and 5 days. Calculate the re-order level:
A. 90,000 units
B. 150,000 units
C. 180,000 units
D. 240,000 units
E. 330,000 units

Answer

Find Related Questions by Tags, levels, etc.

Tags: Inventory Management, Management Information, MCQ, Re-order Level
Level: Level 1

Topic: Accounting for Cost Elements
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q4 – Costing Techniques

This question asks to identify the costing technique primarily used for short-term tactical decisions.

Question

The costing technique used primarily for short-term tactical decisions is called:
A. Standard costing technique
B. Absorption costing technique
C. Budgetary control
D. Marginal costing technique
E. Responsibility accounting

Answer

Find Related Questions by Tags, levels, etc.

Tags: Management Information, Marginal Costing, MCQ, Short-Term Decisions
Level: Level 1

Topic: Costing Techniques
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q3 – Costing Techniques

This question asks to identify the standard that assumes no wastage or machine breakdown in perfect operating conditions.

Question

A standard that can be attained under the perfect operating conditions with no allowance for wastages, idle time and machine breakdown is known as:
A. Current Standard
B. Regular Standard
C. Ideal Standard
D. Attainable Standard
E. Basic Standard

Answer

Find Related Questions by Tags, levels, etc.

Tags: Costing, Management Information, MCQ, Standard Costing
Level: Level 1

Series: NOV 2019

Series: NOV 2019

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

CSME – Nov 2019 – L2 – Q6c – Ethics in Business

Discusses ethical non-consequentialism with a focus on duty and highlights problems associated with this ethical theory.

You're reporting an error for "CSME – Nov 2019 – L2 – Q6c – Ethics in Business"

CSME – Nov 2019 – L2 – Q6b – Ethics in Business

Discusses the differences between ethical subjectivism and situation ethics.

You're reporting an error for "CSME – Nov 2019 – L2 – Q6b – Ethics in Business"

CSME – Nov 2019 – L2 – Q6a – Strategic Planning Process

Defines business strategy and highlights key questions that a five-year business strategy must answer.

You're reporting an error for "CSME – Nov 2019 – L2 – Q6a – Strategic Planning Process"

CSME – Nov 2019 – L2 – Q5b – Corporate Governance

Analyzes the alternative types of board structures and provides arguments for the most viable option.

You're reporting an error for "CSME – Nov 2019 – L2 – Q5b – Corporate Governance"

CSME – Nov 2019 – L2 – Q5a – Risk Management and Corporate Strategy

Outlines a presentation on the functions and determinants of the efficiency of a risk manager.

You're reporting an error for "CSME – Nov 2019 – L2 – Q5a – Risk Management and Corporate Strategy"

CSME – Nov 2019 – L2 – Q4c – Corporate Social Responsibility (CSR)

Explores the concept of social ecology and its impact on corporate social responsibility.

You're reporting an error for "CSME – Nov 2019 – L2 – Q4c – Corporate Social Responsibility (CSR)"

CSME – Nov 2019 – L2 – Q4b – Corporate Social Responsibility (CSR)

Explores the concept of carbon neutrality and its application to corporate operations.

You're reporting an error for "CSME – Nov 2019 – L2 – Q4b – Corporate Social Responsibility (CSR)"

CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)

Discusses the environmental and social impacts created by organizations in their pursuit of economic wealth.

You're reporting an error for "CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)"

CSME – Nov 2019 – L2 – Q3b – Ethical Issues in Corporate Governance

Discusses the application of six principles of the Nolan Committee in public finance management.

You're reporting an error for "CSME – Nov 2019 – L2 – Q3b – Ethical Issues in Corporate Governance"

CSME – Nov 2019 – L2 – Q3a – Corporate Governance

Discusses basic concepts that are essential for good corporate governance and their relation to governance practices.

You're reporting an error for "CSME – Nov 2019 – L2 – Q3a – Corporate Governance"

MI – Nov 2019 – L1 – SA – Q12 – Costing Methods

This question asks to identify where the concept of equivalent units of production is relevant.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q12 – Costing Methods"

MI – Nov 2019 – L1 – SA – Q11 – Budgeting

This question asks to calculate the quantity to be produced based on expected sales and opening/closing inventory.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q11 – Budgeting"

MI – Nov 2019 – L1 – SA – Q10 – Information Systems

This question asks to identify the requirement under which integrated accounts are generally prepared.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q10 – Information Systems"

MI – Nov 2019 – L1 – SA – Q9 – Accounting for Cost Elements

This question asks to identify a factor not considered in calculating the economic order quantity (EOQ).

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q9 – Accounting for Cost Elements"

MI – Nov 2019 – L1 – SA – Q8 – Accounting for Cost Elements

This question asks to identify the term used for wages paid to employees not directly involved in production.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q8 – Accounting for Cost Elements"

MI – Nov 2019 – L1 – SA – Q7 – Costing Methods

This question asks for the system designed to suit the way goods are manufactured or services are provided.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q7 – Costing Methods"

MI – Nov 2019 – L1 – SA – Q6 – Accounting for Cost Elements

This question asks to calculate the minimum inventory level for a company's production process.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q6 – Accounting for Cost Elements"

MI – Nov 2019 – L1 – SA – Q5 – Accounting for Cost Elements

This question asks to calculate the re-order level for a company's inventory management.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q5 – Accounting for Cost Elements"

MI – Nov 2019 – L1 – SA – Q4 – Costing Techniques

This question asks to identify the costing technique primarily used for short-term tactical decisions.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q4 – Costing Techniques"

MI – Nov 2019 – L1 – SA – Q3 – Costing Techniques

This question asks to identify the standard that assumes no wastage or machine breakdown in perfect operating conditions.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q3 – Costing Techniques"

Our offerings

Contact Info

Customer

Get In Touch

admin