Financial Accounting Applications - Mid Semester Test (1 Viewer)

Jiga

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How did ever1 go? I got 12.21/15 which I think is good, however my friends got below 10 and ALOT of people said they didnt even start their trial balance and/or profit & loss statement!!!!!
 

theone123

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where did the .21 come from?

anyway congrats that is a great mark.. traditionally a lot of people stuff up in the mid term exam due to the limited time and lack to balancing, but the final is much better...
 

Rayanaldo

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I passed the test but us Blacktown students got hard done by.

We were supposed to start the exam at 9am, but the stupid lecturer (thank God she isn't at Blacktown anymore) came 25 minutes late because the printer was jammed. :rolleyes: :rolleyes:

Now, it clearly says in the unit outline that it is a 50 minute exam. She gave us 45 minutes to do it. In my opinion, those 5 minutes that were not given would have made a difference because I ended up rushing it.
 

Jiga

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Yea good question, I have no idea how I got the .21, but thats what I somehow got! Although the unit outline said it was out of 15, the only explanation for getting a decimal is that they marked it out of something higher and then scaled it down?

The test in general was ridculously short IMO, I knew a couple of people who only finished the ledger and didnt do anything else. Personally, I had time to go over some of my early stuff ups in the ledger (which took like 10 mins - but it still wasnt 100% in the end) and I still had to time to put in a rushed tial balance and P & L statement.

On the topic of uni 'mistakes', one of my friends got a running balance ledger instead of one in the T account format in his exam!!! Sounds minor, but the running balance is alot easier as its all put out clearer, while the T accounts in the exam gave no space to put all the details required in and then you also had to work out the balance b/d etc seperately which took extra time. Not a very even exam!
 
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