Section I - Multiple Choice (4 Viewers)

[Drifting95]

dame shitssss just upload the paper so i can see i got 20/20

 

[spanky125]

finished the multiple choices during reading time
hahahahalol

Same haha

 

[Spiritual Being]

cmon kids upload it

n3w85

 

[obliviousninja]

I had fifo for Q18, *crosses fingers* *will cry if i dont raw 100*. pretty much it had to be fifo or lifo, and i know lifo is illegal

 

[RivalryofTroll]

Should be FIFO since it overstates profits according to textbook.
20 shouldn't be D iirc - D resembles administrative. I thought 20 was C.

Btw guys does sale and lease back IMMEDIATELY improve working capital, thought it takes awhile? I didn't choose it and have regrets ATM lol.

Also is 10 B or D?

 

[Spiritual Being]

Should be FIFO since it overstates profits according to textbook.
20 shouldn't be D iirc - D resembles administrative. I thought 20 was C.

Btw guys does sale and lease back IMMEDIATELY improve working capital, thought it takes awhile? I didn't choose it and have regrets ATM lol.

Also is 10 B or D?

I was mulling over this too.

I put sale and lease back.

 

[Drifting95]

Should be FIFO since it overstates profits according to textbook.
20 shouldn't be D iirc - D resembles administrative. I thought 20 was C.

Btw guys does sale and lease back IMMEDIATELY improve working capital, thought it takes awhile? I didn't choose it and have regrets ATM lol.

Also is 10 B or D?

What did it ask again? I forgot


Should be sale and lease back, the rest weren't really relevant to working capital.

 

[spanky125]

I had fifo for Q18, *crosses fingers* *will cry if i dont raw 100*. pretty much it had to be fifo or lifo, and i know lifo is illegal

Only illegal in Australia, did it say it was an Australian business?

 

[obliviousninja]

I was mulling over this too.

I put sale and lease back.

instant working capital from sale

 

[Drifting95]

Only illegal in Australia, did it say it was an Australian business?

It was just general i think, haven't got my paper so i'm not 100% sure.

 

[RivalryofTroll]

From my notes which is copy paste of textbook.
Administrative - the focus is on collecting data to manage the HR function more efficiently.
20 isn't D

 

[Mutant Kitty]

There will probably be a bit of controversy over the sugging question due to the question not specifying where the business was, unless we are meant to assume it was Australian.

 

[Drifting95]

From my notes which is copy paste of textbook.
Administrative - the focus is on collecting data to manage the HR function more efficiently.
20 isn't D

o i remember it now.

I picked the one that mentioned an individual employee and leadership , because developmental is focused on improving the skills of individual employees.

 

[RivalryofTroll]

instant working capital from sale

But you're selling an ASSET?

I think I got it wrong though. oh well thought too hard.

 

[obliviousninja]

There will probably be a bit of controversy over the sugging question due to the question not specifying where the business was, unless we are meant to assume it was Australian.

pls go hold a protest outside BOS.

 

[WildKoala]

Anyone have a rough idea of what the correct answers are?? :O

 

[obliviousninja]

But you're selling an ASSET?

I think I got it wrong though. oh well thought too hard.

Sale and lease back deals with NCAs, ie equipment. Therefore by selling you get CA

 

[Spiritual Being]

o i remember it now.

I picked the one that mentioned an individual employee and leadership , because developmental is focused on improving the skills of individual employees.

y3h b0y

 

[Confound]

Am I the only one that chose LIFO over FIFO? lol

 

[Jacob888]

How is 19 D?