Supertech Finance Quizz

A used car has passed the first repayment date and now repayment's are due. Do you;

• pay the repayment

• let the repayment build up

• pay the interest option

• none of the above

Parts repayment within the 60 days period is due, to the value of R425000; however we have received R550 000 in relation to the parts. Do you pay;

• R425 000

• R550 000

• R 0 ( zero)

• None of the above

Salaries are due next Friday; What money do you use? Do you use;

• All spare monies that come in, from the coming week

• Money received for an X5 sold

• All money received for that week

• None of the above

Payments need to be made that needs to reflect tomorrow, Do you;

• Do a pay and clear now, today

• Do a pay and clear now, tomorrow morning

• Skip the payment

• None of the above

When should management accounts be published?

• 1st of the month

• 5th of the month

• 10th of the month

• None of the above

A car is retailed today, when should we reconcile the admin?

• IN 24 hours

• In 48 hours

• Month-end

• None of the above

The responsibility of the WIP's ageing belongs to:

• The relevant aftersales manager

• The financial controller

• No one

• None of the above

(Part 1/2)

A wall-to-wall stock count needs to be done every ______; & must include _____

• 4 weeks; with 2 admin people

• 2 weeks; with 1 admin person

• 6 weeks; with the financial controller

• 8 weeks, with no admin present

• None of the above

(Part 2/2)

Based on the wall-to-wall stock count question, please repeat your choice ( 2/4/6/8 weeks) and explain why:

Calculation of Sovereign:

• NOPBT

• NOPBT + Non-cashflow items

• NOPAT

• None of the above