ATARMAxxing
SACE AccountingPractice Examination 18
| 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 (25): Balance-day adjustments and income statement extract
- Q2 (25): Bank reconciliation and cash-receipt controls
- Q3 (20): Schedule of collections and cash budget
- Q4 (30): Comparative ratios, statement of changes in equity and drawings
- Q5 (20): Advice on the owner's drawings and long-term sustainability
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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