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2013 Sample Entrance Examination

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2013 Sample Entrance Examination
2013 Sample
Entrance Examination
(Time Allowed: 4 hours)
Notes:
i)

All answers must be indicated on the multiple-choice answer sheet. Work done on the question paper and examination foolscap will NOT be marked.

ii)

Included in the examination envelope is a supplement consisting of formulae and tables. It is a standard supplement that may be useful for answering questions on this paper.

iii)

Examination materials must NOT BE REMOVED from the examination writing centre. All examination materials (i.e. answer sheet, used and unused foolscap sheets, envelope, supplement and question paper) must be submitted to the presiding officer before you leave the examination room.

© 2013 The Society of Management Accountants of Canada. All rights reserved.
®/™ Registered Trade-Marks/Trade-Marks are owned by The Society of Management Accountants of Canada.
No part of this document may be reproduced in any form without the permission of the copyright holder.

2013 Sample Entrance Examination

TABLE OF CONTENTS
Examination:
Instructions ......................................................................................... 1
Questions ............................................................................................ 3
Solution:
Solutions ........................................................................................... 36
Supplement of Formulae ......................................................................... 71
* This supplement is provided to all candidates with the examination.

© 2013 The Society of Management Accountants of Canada. All rights reserved.
®/™ Registered Trade-Marks/Trade-Marks are owned by The Society of Management Accountants of Canada.
No part of this document may be reproduced in any form without the permission of the copyright holder.

2013 Sample Entrance Examination

INSTRUCTIONS:
Use the multiple-choice answer sheet provided to record your answers to the questions.
Be sure to

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