AF101: INTRODUCTION TO ACCOUNTING AND FINANCIAL MANAGEMENT PART 1

FACULTY OF BUSINESS & ECONOMICS SCHOOL OF ACCOUNTING AND FINANCE

Final Examination Semester 1 2013 On-Campus Mode

Duration of Exam: 3 hours + 10 minutes Reading Time: 10 minutes Writing Time: 3 hours Instructions:

1. 2. 3. 4. 5.
6. 7.

This exam has TWO compulsory sections, with 33 compulsory questions. The overall mark is 100 marks, for which 50% will account for final grade. The minimum mark to pass this course is 40% in this final examination. There are 15 pages in total. This is a closed book exam. Calculators are allowed but are not provided. All writing must be done using blue/black pen. Do not use red pens or

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pencils. Students who will not attend due to sickness, must fill in necessary form from Student Academic Services with attached sick sheet from USP medical doctor. Note, students will only be approved for compassionate, aegrotat or special exam, if coursework in this course is above a B average grade (64%+). Students whose coursework is lower than 64% will not be approved by the School and will have to redo the course.

FORMAT OF PAPER:
QUESTION
SECTION A: 30 MULTIPLE CHOICE 30 MARKS

TOPICS
Accounts receivable Liabilities Analysis and Interpretation Non-current assets

CHAPTERS
18 22 25 20 21 16 24

SECTION B: PROBLEM SOLVING 70 MARKS

- Non-current assets - Companies - Cash Flow Statement

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