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AC/MAR 2012/ACC106/100/105/107/ 111/114/115/150
UNIVERSITI TEKNOLOGI MARA FINAL EXAMINATION
COURSE
INTRODUCTION TO FINANCIAL ACCOUNTING AND REPORTING / ACCOUNTING / FINANCIAL ACCOUNTING 1 / ACCOUNTING 1 / INTRODUCTION TO ACCOUNTING 1 / FINANCIAL ACCOUNTING / PRINCIPLES OF ACCOUNTING 1 ACC106/100/105/107/111/114/115/150 MARCH2012 3 HOURS
COURSE CODE EXAMINATION TIME
INSTRUCTIONS TO CANDIDATES 1. This question paper consists of two (2) parts PARTA(10Questions) PART B (4 Questions)
2.
Answer ALL questions from all two (2) parts : i) ii) Answer PART A in the Objective Answer Sheet. Answer PART B in the Answer Booklet. Start each answer on a new page.
Do not bring any material into the examination room unless permission is given by the invigilator. Please check to make sure that this examination pack consists of: i) ii) iii) the Question Paper an Answer Booklet - provided by the Faculty an Objective Answer Sheet - provided by the Faculty
DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO
This examination paper consists of 9 printed pages
© Hak Cipta Universiti Teknologi MARA
CONFIDENTIAL
CONFIDENTIAL
2
AC/MAR 2012/ACC106/100/105/107/ 111/114/115/150
PARTA This part consists of 10 multiple choice questions. Choose the most suitable answer and shade the corresponding aiphabet representing the correct answer in the multiple choice answer sheet provided. 1. Which of the following is considered an internal user of accounting information? a. b. c. d. Bank Business Owner Potential Investor Creditor (1 mark) 2. Which of the following is not considered a characteristic of a partnership? a. b. c. d. 3. Unlimited liability Profit sharing Limited liability Difficulty in raising capital (1 mark) Which of the following is TRUE? a. b. c. d. Revenue is an outflow of assets in exchange for goods and Services A debtor is a person or a business to which a debt is owed Balance sheet is a Statement that reflects the financial position of a business at a point of
AC/MAR 2012/ACC106/100/105/107/ 111/114/115/150
UNIVERSITI TEKNOLOGI MARA FINAL EXAMINATION
COURSE
INTRODUCTION TO FINANCIAL ACCOUNTING AND REPORTING / ACCOUNTING / FINANCIAL ACCOUNTING 1 / ACCOUNTING 1 / INTRODUCTION TO ACCOUNTING 1 / FINANCIAL ACCOUNTING / PRINCIPLES OF ACCOUNTING 1 ACC106/100/105/107/111/114/115/150 MARCH2012 3 HOURS
COURSE CODE EXAMINATION TIME
INSTRUCTIONS TO CANDIDATES 1. This question paper consists of two (2) parts PARTA(10Questions) PART B (4 Questions)
2.
Answer ALL questions from all two (2) parts : i) ii) Answer PART A in the Objective Answer Sheet. Answer PART B in the Answer Booklet. Start each answer on a new page.
Do not bring any material into the examination room unless permission is given by the invigilator. Please check to make sure that this examination pack consists of: i) ii) iii) the Question Paper an Answer Booklet - provided by the Faculty an Objective Answer Sheet - provided by the Faculty
DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO
This examination paper consists of 9 printed pages
© Hak Cipta Universiti Teknologi MARA
CONFIDENTIAL
CONFIDENTIAL
2
AC/MAR 2012/ACC106/100/105/107/ 111/114/115/150
PARTA This part consists of 10 multiple choice questions. Choose the most suitable answer and shade the corresponding aiphabet representing the correct answer in the multiple choice answer sheet provided. 1. Which of the following is considered an internal user of accounting information? a. b. c. d. Bank Business Owner Potential Investor Creditor (1 mark) 2. Which of the following is not considered a characteristic of a partnership? a. b. c. d. 3. Unlimited liability Profit sharing Limited liability Difficulty in raising capital (1 mark) Which of the following is TRUE? a. b. c. d. Revenue is an outflow of assets in exchange for goods and Services A debtor is a person or a business to which a debt is owed Balance sheet is a Statement that reflects the financial position of a business at a point of