* Examine the pathet below A B C D 2 3 2.000 01 02 01 04 Total dl 100 1 500 3.000 3 6 7 The formularegud cell to achieve the solute value colo CCC4-6) 1,000 06-04-05) & CSUMC2-C4- 9 The present value of 12,000 receivable at the end of each year for years, 45,000 h 1352 4,000 dC925 10. Which ONE of the following met TRUE! Sales lodget his and aged analyses will increase the average dans repayment period increase the total amount of cash received Increasing the credit limit of men will og curly slement and hencerede om c. Offering early women dico come my in demand but will increase the requirement for as leder monitoring A benefit of offering curly settlement discounts to customers is increased the cash inflows provided by cash discounts allowed 11. Examine the Miller-Ort cash management model shown below Cash balance 30,000 Upper 15,000 Retum pont 10.000 Time The optimum value of short-term liquid securities to set it 25.000 b. 17.40 14.400 12. Which of the following statements provides the most comte definition of activity-based costing system Was all hul dered the train ting system modundant throughout the modem trading and management environment Is a full through which executive manager to sell de com teg ABC marital or in the produces the lowest.com Represents an alternative for complimentar coming system claiming to provide more accurate product costs and management informatie mragement representatice the dynamic commercial trading) environment that is currently evident throughout them Europe and the USA 11. Examine the Miller-Oir cash management model shown below Cash balance 30,000 Upper limit 15.000 Return point 6 10,000 Lower limit Time The optimum value of short-term liquid securities to sell is: a. 5.000 b. E17,400 c. 11.600 d. 4,400 12. Which of the following statements provides the most accurate definition of an activity-based costing system: a. Has all but rendered the traditional absorption costing system redundant throughout the modern trading and management) environment b. Is a useful tool through which executive managers to select the costing system (c.g. ABC, marginal or absorption) that produces the lowest cost c. Represents an alternative (or complimentary) costing system claiming to provide more accurate product costs and management information d Is management representation of the dynamic commercial (trading) environment that is currently evident throughout northern Europe and the USA 13. Where a business uses a process costing system, the valuation of normal losses. where such losses have no re-sales value, is: a. An estimated nominal value (eg. 2 per kilo) b. The unit value of good production e. Cost plus recoverable value d. Nil 8. Examine the spreadsheet below A B D 2,000 1 2 3 4 5 6 7 Q1 Q2 Q3 Q4 Total of Q1 to 04 1,500 3,000 9,500 The formula required in cell C3 to achieve the absolute value) solution in cell C6 is: a. =(C2+C3+C4 - C6) b. -3,000 c. =(C6-C2-C4 - C5) d. =(C6/SUM(C2:C4))*-1 9. The present value of 12,000 receivable at the end of each year for 3 years, discounted at 8% is: a. 48,400 b. 35,265 c. 48,000 d. 30,925 10. Which ONE of the following statements is TRUE? a. Sales ledger history and aged analyses will increase the average debtors repayment period and increase the total amount of cash received. b. Increasing the credit limit of customers will encourage early settlement and, hence, reduce sales volumes. c. Offering early settlement discounts to customers may increase demand but will increase the requirement for sales ledger monitoring. d. A benefit of offering early settlement discounts to customers is increased the cash inflows provided by cash discounts allowed. 11. Examine the Miller-Orr cash management model shown below