accg200 exam (1 Viewer)

redruM

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Budgeting theory- budgetory participation (advantages)/Budgetory slack.
CVP - MC question
ABC vs Conventional Costing (not too sure about this)
Variances- know them. 10 marks in my exam.
Service costing- 1 or 2 MC questions
ABC question

Thats all I can remember from my exam.
 

redruM

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umm...I was very ill prepared for CVP stuff and variances (and other stuff), which cost me...There was about 30% theory, if I remember correctly. I can't really comment on it, since it was severly crammed.
 

Sweet_Lemon

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So 30% theory mainly based on variances and CVP stuffs?
Do v need to remember those Cost of Goods Manufacturing / COGS schedules? and those Budget statements???
 

redruM

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No. Variances and CVP stuff was in my exam. Also, there was about a 30% theory component in my exam on various topics. CVP and variances have only BS theory anyway...

DO NOT use my words as gospel, I'm talking about what I remember from MY exam. :)
 

Sweet_Lemon

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That's pretty good advice u give us ^^ TY
Are those theory questions straight forward?
 

p.r.i.n.c.e.s.s

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yeah the theory questions were usually at the end of the Practical questions - and pretty staightfwd. Eg - Advantages of using ABC, Lsit 5 differences between job and process costing, Name three types of business when you'll use Service Costing etc etc.

Yep, I remember, among the important things to remember were the schedule for budgeting. The graph for Product Mix, double entries for ..was it manufacting account -COGS etc?, ABC was a long question...can't remember what other stuff. there was a small process costing Q.


Multiple choice questions were abt half-half, practical questions mostly at the end and long - v. v. similar to the mid-sems MCQs. I'm attaching some MCQs and Answers- A lot of them were similar, if not the same qs!

HTHs
 

*hopeful*

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thanx princess

fcuk theory man, i havent read a single bit of theory n dont know wen i will :s
 

steveagle

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Just in case someone does a search regarding the ACCG200 exam, heres what was in this semesters exam

25 MC questions

1. T-Accounts question (16 marks)
2. Variance Question
3. Budgets Question
4. Breakeven Analysis Question
5. Linear question
7. Theory questions (32marks): service firms, participative budgeting, qualitative outsourcing, pricing determination

Ive forgotten one of them
 

*hopeful*

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2-variance qstn worth 16 marks, 2 marks for each variance

u 4got the abc question about the bike company
 

*hopeful*

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budget question was only on cash budget, the only one i didnt study, ah well u can fudge it neway
 

sukiyaki

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whos wants to scream at the exam writers??

coz i do ARGG
how many mistakes gees :(
 

Good_riceZ

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haha and some really stupid ones, like um 18.000
and they came around, pointing to that, i nodded but they wouldnt take that as an answer!!! They needed to see me correct it.... ARRGGGGGGG!!!!! Leave me alone...

Time to curl up into a ball and cry, why do I love accg so much
 

dunk_3

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it looks easy..but I couldnt finish the exam in time and i am sure that i will have some silly mistakes....God.....Dont expect us to be perfect when they often have silly mistakes in the exam!!!

Anyone knows if Lecturer gonna put the class mark in WEbct? I want to know whats my mark~~
 

*hopeful*

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18.000 was actually 18000 rite :eek:

they didnt even correct that 4 us, i just noticed it wen doing the qstn
 

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