SACE AccountingPractice Examination 5

This paper covers

• Q1 (20): Accrued and prepaid expenses and income statement extract
• Q2 (20): Cash budget with a three-month credit collection pattern
• Q3 (30): Inventory card with stocktake loss and inventory ledger
• Q4 (30): Breakeven analysis for three menu items and profit margin trend
• Q5 (20): Advice on pricing, product mix and qualitative 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.