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ATARMAxxing

SACE AccountingPractice Examination 6

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): Statement of cash flows and profit versus cash
  • Q2 (25): Balance-day adjustments including revenue received in advance
  • Q3 (20): Debtors schedule, bad debt write-off and debtor turnover
  • Q4 (30): Comparative ratio analysis over two years against benchmarks
  • Q5 (20): Advice on financial stability and debt reduction

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 6