Acct7101 Past Exam Paper
VENUE: SEAT NUMBER: STUDENT NUMBER:
STUDENT NAME:
Family Name
First Name
FINAL EXAMINATION St Lucia Campus
Semester Two 2011
ACCT7101 ACCOUNTING
PERUSAL TIME WRITING TIME EXAMINER 10 mins. During perusal, write on the blank paper provided 3:00 Hours Mark Russell
This examination paper has
18 pages (not including the title page) and
is printed Double-Sided
THIS EXAMINATION PAPER MUST NOT BE REMOVED FROM THE EXAMINATION ROOM
Exam Type:
Closed Book - Specified materials permitted
Examiner's use ONLY
Question
Mark
Permitted Materials:
Calculator Yes- Any calculator permitted- unrestricted Dictionary Yes- Any unmarked paper dictionary is permitted Other- No electronic aids are permitted (e.g. laptops, phones)
Answer: (Where students should write answers)
Part A on True/False Multiple Choice Answer: Sheet Part B on Examination paper in spaces provided
Other Instructions:
Total Number of Questions: (for the whole examination)
17
Total Number of Marks
75 total marks
TOTAL
I
Students must comply w1th the General Award Rules 1A.5 and 1A.7 which outline the responsibilities of students during an examination.
ACCT 7101: Accounting- Final Examination, Second Semester, 2011
PART A Multiple Choice Questions
(10 marks)
Each multiple choice question is worth 1 mark. All questions to be answered. Choose only one (the most appropriate) answer for each question.
1.
The net effect of a share dividend on total shareholders' equity: a. Is an increase in total shareholders' equity. b. Is a decrease in total shareholders' equity. c. May either be an increase or a decrease in total shareholders' equity. d. There is insufficient information to answer this question. e. Has no effect on total shareholders' equity.
2.
For the financial year ending on 30 June 2010 Mouse Ltd had a total of $120,000 in revenue and $75,000 expenses, and paid $15,000 in dividends. It had $200,000 in share
STUDENT NAME:
Family Name
First Name
FINAL EXAMINATION St Lucia Campus
Semester Two 2011
ACCT7101 ACCOUNTING
PERUSAL TIME WRITING TIME EXAMINER 10 mins. During perusal, write on the blank paper provided 3:00 Hours Mark Russell
This examination paper has
18 pages (not including the title page) and
is printed Double-Sided
THIS EXAMINATION PAPER MUST NOT BE REMOVED FROM THE EXAMINATION ROOM
Exam Type:
Closed Book - Specified materials permitted
Examiner's use ONLY
Question
Mark
Permitted Materials:
Calculator Yes- Any calculator permitted- unrestricted Dictionary Yes- Any unmarked paper dictionary is permitted Other- No electronic aids are permitted (e.g. laptops, phones)
Answer: (Where students should write answers)
Part A on True/False Multiple Choice Answer: Sheet Part B on Examination paper in spaces provided
Other Instructions:
Total Number of Questions: (for the whole examination)
17
Total Number of Marks
75 total marks
TOTAL
I
Students must comply w1th the General Award Rules 1A.5 and 1A.7 which outline the responsibilities of students during an examination.
ACCT 7101: Accounting- Final Examination, Second Semester, 2011
PART A Multiple Choice Questions
(10 marks)
Each multiple choice question is worth 1 mark. All questions to be answered. Choose only one (the most appropriate) answer for each question.
1.
The net effect of a share dividend on total shareholders' equity: a. Is an increase in total shareholders' equity. b. Is a decrease in total shareholders' equity. c. May either be an increase or a decrease in total shareholders' equity. d. There is insufficient information to answer this question. e. Has no effect on total shareholders' equity.
2.
For the financial year ending on 30 June 2010 Mouse Ltd had a total of $120,000 in revenue and $75,000 expenses, and paid $15,000 in dividends. It had $200,000 in share