Exam (elaborations) Bachelor Of Commerce Law

ANNEXURE H-FORMATIVE ASSESSMENT 2




HIGHER EDUCATION PROGRAMMS


Academic Year 2022: July-December
Formative Assessment 2: Accounting Principles (HACP130-1)
NQF Level, Credits: 5, 14
Weighting: 20%
Assessment Type: Essay Questions
Educator: G. Toringepi
Examiner: G. Toringepi


Due Date: 21 October

Total: 100 Marks




Instructions:

 This assignment consists of four (4) questions.
 It is based on Units 5 - 8 of your textbook.
 All questions are compulsory.
 SHOW ALL CALCULATIONS

 Your assessment must be typed using:
o Font: Arial
o Font size: 12
o Line spacing: 1.5




76 HACP130-1-JULY-DEC2022-FA2-GT-V2-15072022

, ANNEXURE H-FORMATIVE ASSESSMENT 2


The following Learning Outcomes are assessed in this assessment:
 • Discuss the need for individual creditors’ accounts.
 Read and interpret financial statements.
 List and describe the uses and users of financial statements.
 Discuss the matching concept
 Explain the underlying fundamental assumptions for the preparation of
financial statements.
 Read and interpret financial statements.
 Discuss the objectives of financial statement analysis.
 Explain what the information contained in each component of financial
statements conveys to users thereof.
 Explain the fundamental assumptions underlying the preparation of financial
statements.
 Outline the various techniques used to analyse financial statements.




77 HACP130-1-JULY-DEC2022-FA2-GT-V2-15072022