ATAR Notes: Forum

VCE Stuff => VCE Business Studies => VCE Subjects + Help => VCE Accounting => Topic started by: disha2711 on January 23, 2008, 05:53:48 pm

Title: what to expect in the midd yr exam??...
Post by: disha2711 on January 23, 2008, 05:53:48 pm
HEY GUYS..!!

PLZ HELP..! IM A LIL CONFUSED WHAT EXACTLY SHOULD I BE EXCEPTING IN THE MID YR EXAM 4 ACCOUNTS? AND HOW MUCH IS IT WORTH OUT OF? CAN ANY1 EXPLAIN 2 ME IN BRIEF PLZZZZ!!! iv done quite alot of work in accounts dese holidais i also went 2 summer school last 2 weeks.. i need to know how it works.. plzzz help..! i want to get 45 or 45+ for this sub..! plzz help ..!
Title: Re: what to expect in the midd yr exam??...
Post by: costargh on January 23, 2008, 06:30:47 pm
Start by writing in normal caps, using proper grammer and try stick to more appealing spelling.
Title: Re: what to expect in the midd yr exam??...
Post by: AppleXY on January 23, 2008, 11:25:16 pm
Hey disha, calm down and take a deep breath :P You're post is a disaster, but I can still manage to help. Exam 1 in Accounting tests your skills of the 'nuts and bolts' of accounting, that is, testing of ledgers; balance day adjustments, reports and especially accounting qualitative characteristics and principles. I'd suggest not only remembering the principles/qualitative characteristics (SACs aka GAAP) but doing plenty of theory questions and applying your knowledge to the question specifically, not mere regurgitation. For practicals, do questions worth easy marks (my advice, general journals which are only 2 lines = really easy 2 marks awarded, right then and there). Secondly, stress less, do plenty of exercises and gradually go through study guides (I recommend exambusters by Neville Box), attain a strong understanding of double entry and how to manipulate it in any situation and don't be afraid to use your fingers for depreciation calculations (some can get tricky). Lastly, do not be obessed with high marks I like did -- which I f*ked up, I originally wanted a 48 for this subject (ashtey would know :P :P )   but got a 37. DO NOT LET IT HAPPEN TO YOU. DO NOT STRESS IN THE EXAM. I guess it comes from experience, don't think of other people and how ace this and stuph, Just do it, relaxed as if you were going to a 30 but accurate and fast as if you were going to a get a 50.

I wish the best of luck to you and I hope you'll get 45+ :)

(if you want any help PM me :) )
Title: Re: what to expect in the midd yr exam??...
Post by: iamdan08 on January 24, 2008, 07:48:59 am
If you want a 40 you need literally straight A +. I averaged 90% including exams(statement of marks to prove it ) and got a 39.  work hard and consistently! Thats my advice.
Title: Re: what to expect in the midd yr exam??...
Post by: costargh on January 24, 2008, 12:04:24 pm
Good advice guys
Title: Re: what to expect in the midd yr exam??...
Post by: elaine on January 24, 2008, 05:19:42 pm
argh costargh, your picture freaks me out
Title: Re: what to expect in the midd yr exam??...
Post by: iamdan08 on January 24, 2008, 06:00:27 pm
argh costargh, your picture freaks me out

Me also! lol
Title: Re: what to expect in the midd yr exam??...
Post by: Mystery on January 24, 2008, 07:27:47 pm
i got 86.5/90 on the mid year and some A+ mark on the end of year as well as A+ in sacs, and i got 46, hope that helps =)
Title: Re: what to expect in the midd yr exam??...
Post by: RD on January 24, 2008, 07:49:44 pm
Just do it, relaxed as if you were going to a 30 but accurate and fast as if you were going to a get a 50.
thats nicely said.
Title: Re: what to expect in the midd yr exam??...
Post by: iamdan08 on January 24, 2008, 09:15:48 pm
In the exam you really need to be switched on from the get go! As AppleXY said you need to be accurate and fast. Know how much time you are willing to spend on each mark, you dot want to get to the end of time and realise you still have 3 or 4 questions to go, then you will kiss any chanve of 40+ goodbye. I aimed for just under a minute a mark, but that doesnt leave much time (if any) to go over and make corrections. Go in with a plan and stick to it!