SACE AccountingPractice Examination 19

This paper covers

• Q1 (20): Inventory card (FIFO) with stocktake surplus and sales return
• Q2 (20): Statement of cash flows and non-cash items
• Q3 (30): Depreciation methods and classified balance sheet
• Q4 (30): Forecast budgets for adopting a cloud-based accounting system
• Q5 (20): Advice on technology adoption, costs and benefits

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.