Acct 1001 Mid-semester Exam (1 Viewer)

[ToO LaZy ^*]

can't believe i fucked up an easy exam

 

[fush]

the multiple was very tricky...the rest was piss easy except for the directors report thingy which i just bullshited

 

[aditya]

yeh i finished liek 20min earli :|

not saying i got 100 lol not even 90 but yeh... not 49!!! like the tutor said...

wtf was that....

 

[Komit]

Yeh, directors report, auditors report...what the fuck? I think I fucked the statement of financial position thing but i thing i done enough to pass.

 

[xiao1985]

director's report is to inform stake holders of facts n figures which is not on face of fiancial reports... ie future direction etc etc.,.

auditor's report's to verify the report has some degree of truth in it...

 

[fush]

well i lost two marks for the directors report, and prob lost bout 4 in multiple choice and i think i fucked up the statement of financial position, did the assets = total liab. and equity??? cause mine didnt i had like 141000 or something for assets and like 60 or 70000 for liab and equity!!!!

and what was the blank post ref. things for??!! For one of the journals i made up some post ref. and wrote them down... (i also wrote them on the previous page and made a small chart of accounts... i had lots of time spare n was bored)
they better not mark me down for it

 

[sarevok]

yeah there were no post refs. i think they just scanned in some journal pages, i just put in dashes

 

[fush]

yea...

waht bout the statement of financial position, did ur assets balance out with liabilites n equity?

 

[sarevok]

well, for mine 'shares' had a '???' next to it. so i took that as implyign that you had to work it out by substituting into the accounting equation

 

[fush]

damn it, i should have done that.... kinda stupid question though...

they cant take too many marks for that though..... out 0f 10 for that question waht do u reckon, i think i got all the rest right there

 

[sarevok]

i reckon the maximum they would take off is 2 marks

 

[absolution*]

"Dear Students,

The mid-semester results will be released this Friday 13th (oddly enough) May before 5pm. "

Abdu, Abdul, Abdul.