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October 03, 2025, 11:53:53 pm
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Author Topic: SWD  (Read 12269 times)  Share 

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eeps

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Re: SWD
« Reply #30 on: November 04, 2010, 04:34:38 pm »
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I failed this question as well. =='
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Aqualim

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Re: SWD
« Reply #31 on: November 04, 2010, 04:35:29 pm »
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That's what I thought, didn't you just have to explain what NRV was?
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Stormer

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Re: SWD
« Reply #32 on: November 04, 2010, 04:35:54 pm »
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I just said if NRV is lower, you need a stock write down.
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VCE '11: English|Chemistry|Physics|Accounting|Specialist Maths|Mathematical Methods

LFTM

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Re: SWD
« Reply #33 on: November 04, 2010, 04:36:50 pm »
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Quote from: Stormer on November 04, 2010, 04:32:26 pm
Isn't that just a simple NRV, Cost Price question?

Yeah most people i asked put NRV. One of my friends also put stocktake.
Omg it was so obvious it was NRV why did i write stocktake...
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LFTM

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Re: SWD
« Reply #34 on: November 04, 2010, 04:37:17 pm »
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Quote from: EPL.11.4ever. on November 04, 2010, 04:34:38 pm
I failed this question as well. =='

What did you put?
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eeps

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Re: SWD
« Reply #35 on: November 04, 2010, 04:41:06 pm »
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Quote from: LFTM on November 04, 2010, 04:37:17 pm
Quote from: EPL.11.4ever. on November 04, 2010, 04:34:38 pm
I failed this question as well. =='

What did you put?

$240 (48*5). I assumed the $10 was the NRV - though I didn't realise that you were meant to add the special spray of $1 to the $15.
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_avO

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Re: SWD
« Reply #36 on: November 04, 2010, 05:24:23 pm »
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I subconsciously thought that i had to lower that 1 dollar, but my hands didn't agree with me. Got 240 as well :(
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_avO

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Re: SWD
« Reply #37 on: November 04, 2010, 05:29:42 pm »
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IMO the writers for this years exam was epic fail.. first the sundry creditors then no reporting period given (wtfail) and lastly such an ambiguous question that doesn't specify mark up (can't assume anything). Only thing I found was good was that they had a lot more tricks in the exam so yea that was challenging
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mmmmm

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Re: SWD
« Reply #38 on: November 04, 2010, 05:30:40 pm »
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Let's go find out who it is and bash the crap outta him/her!
:D
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Chavi

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Re: SWD
« Reply #39 on: November 04, 2010, 06:36:08 pm »
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Quote from: mmmmm on November 04, 2010, 05:30:40 pm
Let's go find out who it is and bash the crap outta him/her!
:D
Bring the poisonous flowers
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