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June 19, 2025, 03:08:15 am
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Author Topic: 2012 Unit 4 Exam Discussion- How was it?  (Read 63370 times)  Share 

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BoredSatan

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2012 Unit 4 Exam Discussion- How was it?
« on: November 12, 2012, 08:56:20 am »
Discuss everything that happened in the exam here ie. Answers, funny moments etc
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jono88

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #1 on: November 12, 2012, 11:17:46 am »
Definitely a lot easier compared to unit 3 exam. High cutoff mark expected.
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sam.utute

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #2 on: November 12, 2012, 11:20:13 am »
Quote from: jono88 on November 12, 2012, 11:17:46 am
Definitely a lot easier compared to unit 3 exam. High cutoff mark expected.
Good work!

If someone posts up a copy of the exam, we can start work on the suggested solutions :)
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Josh.warren95

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #3 on: November 12, 2012, 11:20:47 am »
Quite disappointed
That was a bit too easy
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BoredSatan

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #4 on: November 12, 2012, 11:21:17 am »
Quote from: sam.utute on November 12, 2012, 11:20:13 am
Quote from: jono88 on November 12, 2012, 11:17:46 am
Definitely a lot easier compared to unit 3 exam. High cutoff mark expected.
Good work!

If someone posts up a copy of the exam, we can start work on the suggested solutions :)
I WAS ABOUT TO SAY THE EXACT SAME THING

however im going to be out.. So Sam you gonna have to make them sorry.. Ill be happy to proof read again though ;)
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lalor

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #5 on: November 12, 2012, 11:27:06 am »
i found it extremly easy unit 3 has way harder
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elenaharty

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #6 on: November 12, 2012, 11:30:14 am »
fair exam, my only concern is my answers were a little wordy and convoluted for the 6 mark extended response questions.
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bucklr

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #7 on: November 12, 2012, 11:31:17 am »
Funny how the exam included the android phone, and how it was being returned due to being faulty. Subliminally supporting apple. Lol everyone hates android even examiners.
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Damiaaaan

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #8 on: November 12, 2012, 11:34:01 am »
I found it easy, only problem was that for the 6 mark debtors questions i forgot to explain possible reasons for the decline in DTO. Rather i explained that it might of come as a 'surprise' as the owner may not have implemented any debtor management strategies. farrrrrrrrrrrrrk
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Tragesty

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #9 on: November 12, 2012, 11:36:12 am »
Found it too easy which has me worried!

Was the 10000 deposit on the tractor meant to be reported as debit on the sundry creditor ledger? I did so but something felt odd...
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abcdqdxD

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #10 on: November 12, 2012, 11:38:05 am »
Too easy - cutoff 81/90 or more
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liamlizza1

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #11 on: November 12, 2012, 11:39:07 am »
Quote from: Tragesty on November 12, 2012, 11:36:12 am
Found it too easy which has me worried!

Was the 10000 deposit on the tractor meant to be reported as debit on the sundry creditor ledger? I did so but something felt odd...

Yeah i believe Tragesty, with reference "Bank".
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abcdqdxD

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #12 on: November 12, 2012, 11:39:58 am »
^ yeah did the same :)
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Tragesty

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #13 on: November 12, 2012, 11:41:25 am »
Quote from: liamlizza1 on November 12, 2012, 11:39:07 am
Quote from: Tragesty on November 12, 2012, 11:36:12 am
Found it too easy which has me worried!

Was the 10000 deposit on the tractor meant to be reported as debit on the sundry creditor ledger? I did so but something felt odd...

Yeah i believe Tragesty, with reference "Bank".
Okay cool, anyone else do that?

Also, can asset turnover be improved by selling off old or inefficient NCA? :-\ :-\
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Damiaaaan

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #14 on: November 12, 2012, 11:43:19 am »
Quote from: Tragesty on November 12, 2012, 11:41:25 am
Quote from: liamlizza1 on November 12, 2012, 11:39:07 am
Quote from: Tragesty on November 12, 2012, 11:36:12 am
Found it too easy which has me worried!

Was the 10000 deposit on the tractor meant to be reported as debit on the sundry creditor ledger? I did so but something felt odd...

Yeah i believe Tragesty, with reference "Bank".
Okay cool, anyone else do that?

Also, can asset turnover be improved by selling off old or inefficient NCA? :-\ :-\

yeah, i put replace the inefficient NCA's as they will decrease asset base
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