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ATARMAxxing

SACE AccountingPractice Examination 17

Reading time15 minutes
Writing time2 hours
Total marks120
Questions5
StructureSection 1 — 3 Q, 70 marks · Section 2 — 2 Q, 50 marks

This paper covers

  • Q1 (20): Diminishing-balance depreciation for part years and disposal
  • Q2 (20): Statement of cash flows and working capital ratio
  • Q3 (30): Allowance for doubtful debts, ageing analysis and balance sheet
  • Q4 (30): Cash budget and breakeven for a seasonal business
  • Q5 (20): Advice on managing seasonality 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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SACE Accounting Practice Examination 17