ATARMAxxing
SACE AccountingPractice Examination 15
| 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): Debtors control account and schedule of debtors
- Q2 (20): Bank reconciliation and meaning of bank balances
- Q3 (30): Balance-day adjustments with materiality and prudence
- Q4 (30): Budgeted income statement and balance sheet with forecast ratios
- Q5 (20): Advice on forecast profitability, stability and finance
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.
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