accg200 exam (1 Viewer)

[*hopeful*]

any hints from peeps who done this or r doing it ?

 

[redruM]

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.

 

[AcStyle*]

Overall how did u find the exam?

 

[redruM]

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]

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]

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]

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

 

[redruM]

Think so....Not too sure.

 

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

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*]

thanx princess

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

 

[Sweet_Lemon]

merci beaucoup PRINCESS ^^

I wish I can stick those theories in my mind hahaha

 

[AcStyle*]

Thx princess...much appreciated

 

[Good_riceZ]

OMG I virtual hug you, *hugs and pats on back* cheers!!

 

[steveagle]

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*]

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

u 4got the abc question about the bike company

 

[*hopeful*]

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

 

[sukiyaki]

whos wants to scream at the exam writers??

coz i do ARGG
how many mistakes gees

 

[Good_riceZ]

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]

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*]

18.000 was actually 18000 rite

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