Finals... (1 Viewer)

[Harimau]

How did you guys go, for those of you that has already had them?

I just had my accounting today, and i would say that it was pretty damn hard. I got so sick and frustrated at it, i left at 4.00, one hour before the exam finished...

Oh Well

 

[Minai]

I had my accounting exam today as well (ACCT2522)
I got so bored doing it by 4:00...I was actually procrastinating IN THE EXAM! but in the end I finished with about 10 mins left...I didnt answer everything thouggh

 

[hbk_ace]

for the acc 1a test, wat were u meant to do for that 24 mark question?

 

[tonberry_kun]

was that the one with the different accounts for land, building, lease something and machinery and equipment?
cuz i spent like 1 whole hour on that and i think i still did something wrong

 

[redslert]

Originally posted by hbk_ace
for the acc 1a test, wat were u meant to do for that 24 mark question?

A LOT OF STUFF
seriously that question consumed like 1hour of my time......
i can't remember what i done now, i just shoved in everything and prayed that it was correct, which i am 80% sure it wasn't.......

 

[Harimau]

Originally posted by redslert
A LOT OF STUFF
seriously that question consumed like 1hour of my time......
i can't remember what i done now, i just shoved in everything and prayed that it was correct, which i am 80% sure it wasn't.......

Oh dear.. I didn't know what to do for that question, so i only did like one page for it. So i guess i left out a lot of things huh?

 

[t-i-m-m-y]

i'm like 24 marks... i've read the markers comments and stuff from previous years. so there i am thinking there isn't 24 marks for nothing

so i provided yeah a 3 page analysis went thru step by step. then i wrote a 1 page justification (kinda like ntoes to financial statements)... to justify how each transaction was treated. cost of acquisition, convertasim etc. how assets are dfined blabla i hope they read it lol. otherwise i'll get like zero hehe

 

[hbk_ace]

hahaha i failed that question hahaha

it said analyse the accounts, so i just did a t account with all the changes in them and a closing balance, wat else could you have done

 

[Constip8edSkunk]

i had no idea

did 1 page of journal entries with working out etc for all the transactions then transferred those into a summary of land,buildings,etc accounts wif opening and closing balances as the * specified...

prolly got half of the things wrong...

 

[addz]

mehh..fuck

i did like tables
had opening balance
added the items
showed some working (no detail in that)
and ended up with a closing balance..

lol....sucks

 

[Frigid]

i had my accting exam today (C/N: 22107)... it was as i expected... the tips he gave in the last lecture were reliable and relevant.

accting is fun when you know the generic question.

 

[Exeter]

accounting is fun when you find a practical use for it

 

[Nick]

yeah like debit and credit jokes

im seriously gonna start journalising all my daily transactions

then ill know where all my money;s going

dr petrol expense
cr cash

dr food expense
cr cash

dr cash
cr revenue

 

[Minai]

Originally posted by Nick
yeah like debit and credit jokes

im seriously gonna start journalising all my daily transactions

then ill know where all my money;s going

dr petrol expense
cr cash

dr food expense
cr cash

dr cash
cr revenue

well, thats what they do in real businesses

 

[scoff]

yeah like debit and credit jokes

im seriously gonna start journalising all my daily transactions

then ill know where all my money;s going

dr petrol expense
cr cash

dr food expense
cr cash

dr cash
cr revenue

Like:
Debit Universe
Credit Me

RobertC

 

[scoff]

mehh..fuck

i did like tables
had opening balance
added the items
showed some working (no detail in that)
and ended up with a closing balance..

lol....sucks

Well, I marked that. We just wanted people to tell us how accounts increased, i.e. which amounts got added where. Start with an opening balance, and finish with a closing balance. Easy !?!
Having said that, a lot of people did this one badly. However, space consumed is not necessarily related to marks gained. I remember at least one person getting most marks of the marks for the question, and all that in _just one page_. It was a simpe question, just long.

In fact, before I started marking, I thought it was going to be a giveaway. Marking a few papers quickly disabused me of that notion

RobC

 

[redslert]

well making something worth 24marks where as the other questions weren't even worth half of that did made it seem like we had to do a lot to gain the marks!!
so the mark distribution were very confusing and misleading in that case

 

[scoff]

well making something worth 24marks where as the other questions weren't even worth half of that did made it seem like we had to do a lot to gain the marks!!
so the mark distribution were very confusing and misleading in that case

Not necessarily. Depends on size of writing, etc. But generally in the past I have found that students who are very confident of their answers tend to write less. HOWEVER, that is a risky strategy. That person showed very little workings, so if they had gotten something wrong, they would not have gotten part-marks.

There was nonetheless a lot to classify and get right/wrong in that one, so I don't think it was misleading. I think you'll agree that the questions should have involved close to an hour's work, so I think the mark allocation was OK.

RobC

 

[hk31]

yeah..it wasn't a "bad" question but 24 big marks on one question surely did put some people off...
myself included...

 

[scoff]

yeah..it wasn't a "bad" question but 24 big marks on one question surely did put some people off...
myself included...

Well, I can just apologise. We think it was a reasonable test, and it had to be that big in order to test that area appropriately. Hope you did OK on it !

RobC