ATARMAxxing
SACE AccountingPractice Examination 9
| 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 (20): Accounting equation, duality and general journal entries
- Q2 (20): Statement of cash flows and quick ratio
- Q3 (30): Balance-day adjustments and fully classified balance sheet
- Q4 (30): Budgeted reports for a new venture with start-up costs
- Q5 (20): Advice on viability, ownership structure and location
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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20 full-length practice exams with worked solutions, 20 revision notes, 64 practice questions and 200 flashcards.
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