ATARMAxxing
SACE AccountingPractice Examination 11
| Reading time | 15 minutes |
| Writing time | 2 hours |
| Total marks | 120 |
| Questions | 5 |
| Structure | Section 1 — 3 Q, 70 marks · Section 2 — 2 Q, 50 marks |
This paper covers
- Q1 (20): Prepaid rent, accrued wages and depreciation adjustments
- Q2 (20): Cash budget and why cash and profit differ
- Q3 (30): Inventory stocktake discrepancy and inventory control account
- Q4 (30): Breakeven, contribution margin and forecast profit for a price change
- Q5 (20): Advice on a pricing decision and market trends
Students are permitted to bring into the examination the materials normally allowed for this subject. Answer all questions in the spaces provided.
This is an ATARMAxxing practice paper. It is not an official examination and is not affiliated with, endorsed by, or produced by the VCAA, NESA or the QCAA.
Included in the SACE Accounting Mastery Pack
20 full-length practice exams with worked solutions, 20 revision notes, 64 practice questions and 200 flashcards.
Preview a sample note and question free on the SACE Accounting hub →