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December 21, 2025, 04:41:49 pm
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Author Topic: 2012 Unit 4 Exam Discussion- How was it?  (Read 70931 times)  Share 

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abcdqdxD

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #225 on: November 12, 2012, 08:19:37 pm »
:D
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sam.utute

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #226 on: November 12, 2012, 08:29:20 pm »
OMG this is taking sooo long. I hate formatting in word :(

Up to question 6...
What amount did people get for the depreciation question?
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abcdqdxD

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #227 on: November 12, 2012, 08:31:10 pm »
960 and 3552 from memory.. not 100% sure if I remembered second one correctly..
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Tragesty

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #228 on: November 12, 2012, 08:34:29 pm »
960 and got the second one wrong, god damn '2013' being on the second line...
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abcdqd

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #229 on: November 12, 2012, 08:37:16 pm »
just realised there was no period and product costing on this exam ;o
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2012-2013: VCE, Melbourne High School

2014-2016: Bachelor of Commerce, Actuarial Studies, University of Melbourne

sam.utute

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #230 on: November 12, 2012, 08:39:15 pm »
Quote from: liverpoolxD on November 12, 2012, 08:31:10 pm
960 and 3552 from memory.. not 100% sure if I remembered second one correctly..

I calculated the same amounts! :D

Quote from: abcdqd on November 12, 2012, 08:37:16 pm
just realised there was no period and product costing on this exam ;o

OMG THAT'S SO WEIRD.
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abcdqdxD

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #231 on: November 12, 2012, 08:39:58 pm »
Damnit.. they're like free marks :(
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Tragesty

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #232 on: November 12, 2012, 08:41:41 pm »
Ha can't believe I didn't realise that, all those times writing out 'allocated on a logical basis' and didn't even appear ::)
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abcdqdxD

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #233 on: November 12, 2012, 08:42:46 pm »
ikr LOL.. but doubt those questions would sort the A from the A+ anyway.. :P rote learned responses to the max
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Toto.

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #234 on: November 12, 2012, 08:45:55 pm »
Yeah it surprised me too that period/product costing wasn't on there.
It was on basically every single practice exam of Accounting in existence :P

Another thing which surprised me was the lack of questions about profitability and liquidity which were on there.
I kinda thought there would be more analysis of data, but I'm glad there wasn't cause analysis is strenuous!
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2011 VCE Results: Methods 44; Chinese Second Language 40

2012 VCE Aims (raw): English 45+; Accounting 45+; Chemistry 35+; Specialist Mathematics 40+

abcdqdxD

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #235 on: November 12, 2012, 08:48:21 pm »
well the main analysis was done in the 6 marker.. the ratio questions on the last page were pretty standard imo..
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Toto.

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #236 on: November 12, 2012, 08:52:16 pm »
I agree, I think they were just fillers. If they really wanted to test us, they would have made us look at WCR, QAR and Cash Flow Cover to talk about liquidity.

Oh, another thing which was missing from this exam. Financial indicators, non-financial indicators and benchmarks!
The analysis of the Debtors Turnover was the main one I agree, but I just thought there'd be more.
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2011 VCE Results: Methods 44; Chinese Second Language 40

2012 VCE Aims (raw): English 45+; Accounting 45+; Chemistry 35+; Specialist Mathematics 40+

BoredSatan

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #237 on: November 12, 2012, 08:52:29 pm »
Quote from: Tragesty on November 12, 2012, 08:41:41 pm
Ha can't believe I didn't realise that, all those times writing out 'allocated on a logical basis' and didn't even appear ::)
hahaha
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thetimeis

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #238 on: November 12, 2012, 08:55:18 pm »
I thought Question 3 was straight forward but very confusing. Im not sure who said it before, but to have a "paid" amount in an income statement is surely not a way to "test" students, its just a poorly formatted question, although not too hard.
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abcdqdxD

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Re: 2012 Unit 4 Exam Discussion- How was it?
« Reply #239 on: November 12, 2012, 08:56:45 pm »
just didn't think it was appropriate to put something 'paid' in the income statement.. should be in the cash flow statement imo.. that confused me a bit :P
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