Sample Exam For ILearn ACCG921 S1 2013

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SESSION 1 SAMPLE EXAMINATIONS - 2014
Disclaimer
The objective of the sample examination and the revision materials therein is to assist students in their preparation for the final examination. The sample examination is therefore similar in format to the final examination. However, questions and topics in the final examination will be different, so students should also revise all other learning materials, such as, lecture notes and homework exercises.
Unit: ACCG 921 Managerial Accounting & ACCG613 Intermediate Management Accounting
Time Allowed: Three hours plus 10 minutes reading time
Total Number of Questions: Part A – Twenty (20)
Part B – Seven (7)
Instructions:
Part A consists of twenty (20) multiple choice questions worth one (1) mark each. There is no negative marking for the multiple choice questions. Answers to the multiple choice questions must be indicated on the separate answer sheet provided.
Part B consists of seven (7) questions. These questions are not of equal value. All questions must be answered in the space provided in this examination paper.
Materials Permitted:
No dictionaries permitted.
Non-programmable calculators (no text retrieval capacity) permitted.

Part A
Part B
Question 1
Question 2
Question 3
Question 4
Question 5
Question 6
Question 7
Total

Value
20
9
12
10
11
13
14
11
100

Mark

PART A

MULTIPLE CHOICE QUESTIONS

(20 marks)

Each question is worth 1 mark. Answers to these questions must be indicated on the separate answer sheet provided.

1.

The sum of prime costs and manufacturing overhead costs is referred to as:
A
B
C
D

2.

Upstream costs for a manufacturing firm consist of:
A.
B.
C.
D.

3.

Conversion costs
Non manufacturing costs
Period costs
Product costs

R & D; Manufacturing;