MAC2601 Oct/Nov 2020 Exam

UNIVERSITY EXAMINATIONS Oct/Nov 2020 MAC2601 Principles of Management Accounting 100 Marks Duration 2 Hours This paper consists of twelve (12) pages (including this page). Instructions: 1. This paper consists of FIVE (5) questions and all five questions must be answered. 2. Each question attempted, must commence on a new (separate) page. 3. You may answer the questions in any order, but each answer must be numbered exactly the same as the corresponding question. 4. For questions 1 – 4, all calculations must be shown. 5. Ignore taxation and the time value of money. 6. Please ensure that you have carefully read and follow all the exam instructions, including those provided in tutorial letter 203 and the MAC2601 guide provided as a link to your examination timetable on myUnisa. 7. Your complete answer script must be submitted as a single pdf file. 8. Do not password-protect your answer script. 9. After the two (2) hour duration, there is 60 minutes of upload time available. However, please do not wait until the last minute to submit, instead submit your file as soon as the two (2) hours duration of the examination have passed. If you do not successfully submit before the cut-off time you will be marked as absent from the examination. 10. Make sure you submit the correct file. 11. All answer files may only be submitted via the official route (on the myUnisa platform as per the instructions) within the allocated time. According to the university rules and regulations, strictly, NO OTHER SUBMISSION METHOD IS ALLOWED. 12.You are reminded that you must read and adhere to the Honesty Declaration: By submitting your online examination you confirm that you accept and will adhere to the terms of the university’s plagiarism and infringement policy. If you are in violation of the declaration you will receive 0% for this examination. If you copied all or a portion of your exam from someone else, both you and the person you copied from will receive 0%. This declaration holds you accountable for completing your examination on your own. PROPOSED TIMETABLE: Question Topics Marks Time in minutes 1 Direct and Absorption Costing 17 20 2 Joint and By-product Costing 13 16 3 Standard Costing and Ethics 30 36 4 Relevant Costing 20 24 5 Multiple-Choice Questions (MCQ) (various topics) 20 24 100 120