The managing

directors of Non-Barbalas Beer Ltd, a manufacturer and distributor of alcoholic

beverages located in Rosslyn, stated that the company’s 

Based on

Non-Barbalas Beer Ltd information above, the business portrays or exemplifies a

good example of …

1. complete decentralisation.
2. incomplete decentration.
3. complete centralisation.
4. incomplete centralisation.

1.    a

and b

2.    b

and c

3.    c

and d

4.    b

and d

FOR QUESTIONS

7, REFER TO THE FOLLOWING INFORMATION:

 You have been presented with the following

information about 

Amount

invested/nominal value    =       R10

million

Issue

date              

 =       23 October 2024

Maturity date

 =       21 November 2024

Days                      

 =       30 days

Interest                  

 =       8.6 p.a.

(Note: Use 365

days.)

QUESTION 7

The South

African Reserve Bank must therefore pay ABSA Bank at the end of the period an

amount of … plus interest of … .

1. R10 million: R70 680
2. R10 million: R78. 897
3. R10 million: R81 876
4. R10 million:R85 785

FOR QUESTIONS 3 AND 4,

REFER TO THE FOLLOWING INFORMATION:

You have been

presented with the following information about Treasury Bills (TBs) that are

trading in the secondary market:

Bid/offer = 8.71/8.40%

Face value = R100 000

Days to maturity = 35

(Note: Use 365 days.)

 QUESTION

3                              

)

Which of the following statements are correct?

a.    The price maker is prepared to buy TBs at 8.40%. 

b.    The price maker is prepared to buy TBs at 8.71%.

c.     The above offer would translate into a price of R99 164.80.

d.    The above bid would translate into a price of R99 164.80. 

1.    a

and b

2.    b and c

3.    c and d

4.   b and d

QUESTION 2

The most popular method of

handling a cash surplus is using capital market financial instruments.

A.    True

QUESTION 1

The most popular method of handling a cash surplus is through the use of

capital market financial instruments.

A.    True

B.    False