FAC2602 Assignment 2 Semester 2 2024 Exam (elaborations) Selected Accounting Standards and Simple Group Structures

9/10/24, 7:42 PM Assessment 2: Attempt review




MENU 




Started on Tuesday, 10 September 2024, 6:01 PM
State Finished
Completed on Tuesday, 10 September 2024, 7:42 PM
Time taken 1 hour 40 mins


Question 1
Complete

Marked out of 3




Use the scenario loaded under additional resources to answer the following question.
The amount of other comprehensive income in the statement of changes in equity for non-controlling interest is?



1.
R360 000



2. R 90 000



3.
R270 000



4. R 60 000




https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=225611&cmid=71025 1/9

, 9/10/24, 7:42 PM Assessment 2: Attempt review

Question 2

Complete

Marked out of 2


MENU

Use the scenario loaded under additional resources to answer the following question.

Trade and other payables in the consolidated financial statements amount to:



1.
R960 000 + R810 000 – (R240 000 x 75%)



2. R960 000 + (R810 000 x 75%)



3.
R960 000 + R810 000 – R240 000



4. R960 000 + R810 000




Question 3

Complete

Marked out of 1




Use the scenario loaded under additional resources to answer the following question.

The opening balance of revaluation surplus in the consolidated statement of changes in equity, is:



1.
R950 000



2. R950 000 + (R760 000 x 75%)



3.
R950 000 + (R760 000 – R340 000) x 75%



4. R950 000 + (R760 000 – R340 000 – R60 000) x 75%




https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=225611&cmid=71025 2/9