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ATARMAxxing

SACE AccountingPractice Examination 20

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 (25): Debtor turnover, bad debts and credit control
  • Q2 (25): Cash budget for a new equipment purchase
  • Q3 (20): Prepaid and accrued items and fully classified income statement
  • Q4 (30): Inventory card, inventory turnover and breakeven for an export line
  • Q5 (20): Advice on entering a new market, including environmental and ethical factors

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 20