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
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
