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Date:
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Wednesday 27 February 2008
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Start time:
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8.50am
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Time allowed:
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2 hours, plus 10 minutes reading time
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Total marks:
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100 marks
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Weighting:
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100% of course
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Maximum marks for a resit examination is 50% and a C- pass
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Instructions:
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Answer all questions
Answer all questions directly in the answer booklet provided.
Please write clearly.
You may use a non-programmable calculator in this examination
You may NOT use an electronic Mandarin/English translator or dictionary or have a cell phone with you in this examination.
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Summary of paper:
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Question number
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Topic
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Marks
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Question 1
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Financial Statements
Learning Outcome 1
Prepare a Balance Sheet from account balances
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15
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Question 2
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Management Accounting
Learning Outcome 3
Multichoice questions
Calculation of cost-volume-profit and breakeven
Flexed budgeting and variances.
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31
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Question 3
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Financial Management
Learning Outcome 4
Multichoice questions
Calculate WACC and payback period
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29
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Question 4
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Financial Statement Evaluation
Learning Outcome 5
Multichoice questions
Interpret the ratios that are given. Not required to calculate ratios.
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25
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