BUSN9114 Information Systems and Accounting

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Section A – Multiple Choice Questions
Q1 – Q6 – Conceptual Framework
Q7 – Q12 – Events occur after reporting date
[Total 12 marks]
Section B – Problem Solving Questions
Question 1 – Statement of Cash Flows
Prepare Statement of Cash Flows using direct approach
[Total 18 marks]
Question 2 – Partnership
Journal entries at formation of partnership and allocation of profit and loss
(Narrations are not required)
[Total 18 marks]
Question 3 – Non-Current Assets
Part A – Revaluations and Reversals at different dates – 12 marks
Part B – Scrapping and disposal of assets – 6 marks
[Total 18 Marks]
Question 4 – Liabilities
Part A – Current Liabilities (Trade Bills/Commercial Bills/Provision for Warranties) – 5 marks
Part B – Non-Current Liabilities (Debentures or bonds) – 9 marks
[Total 14 marks]
Question 5 – Business Process, Relational Database and Enterprise Systems
[Total 20 marks]
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END OF EXAMINATION
BUSN9114 Information Systems and Accounting Processes Semester 2 Examinations 2020
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BUSN9114 Information Systems and Accounting Processes Semester 2 Examinations 2020
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Hint
• Plan your time. The marks allocated to the questions indicate how long you should
spend on each question.
• Start with the questions that are easiest to collect marks and finish it fast so that you
can save some time for difficult questions.
• Show your relevant workings for the problems. A wrong answer without workings will
be given zero marks, a wrong answer with partly correct workings will be given some
marks.
• There will be nothing in the exam that you have not seen something similar to before
in textbook, lecture examples, tutorials, or assignments.
• PRACTICE, PRACTICE AND PRACTICE by doing the PRACTICE EXAM
QUESTIONS that are provided in FLO. PRACTICE under time constraint condition.
Academic Supplementary Examination:
• If you obtain an overall grade between 45% and 49% • (or obtain an overall grade of
50% or more, but fail the FINAL exam)
• AND assignments must be completed and submitted for assessment.
• You do not have to apply – this is automatic.