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FAC3702 EXAM PACK 2025 [LATEST QUESTIONS AND ANSWERS]

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FAC3702 EXAM PACK 2025 [LATEST QUESTIONS AND ANSWERS]

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lOMoAR cPSD| 48179651

, lOMoAR cPSD| 48179651




UNIVERSITY EXAMINATIONS
May 2024

FAC3702

DISTINCTIVE FINANCIAL REPORTING

100 marks
3 hours
30 minutes for uploading


INSTRUCTIONS:

Please remember to complete the Honesty Declaration.

Follow these steps to submit your take-home answer file.
1. Open the Take-Home (Assignment) assessment.
2. Download the question paper and note any additional information provided,
such as the proctoring tool to be used.
3. Complete the Take-Home assessment in MS Word or on paper.
Note: MS Word documents need to be saved as PDF documents, and paper-based
answers must be scanned into a combined PDF document.
4. When ready to submit, open the Take-Home (Assignment) assessment again and
click on the Add Submission button.
• Note the file requirements such as: File size limit.
• Number of files that can be submitted.
• File formats allowed.
5. Check the acknowledgment checkbox and upload your answers document and then
click on the Save changes button.
6. Review your submission information regarding the status and click on your
submission file link to check if it's correct.
7. If you need to resubmit a file, you can click on the Edit Submission button.
Note: You will need to delete any existing files.
8. This is a closed book take home assessment.
9. The use of a non-programmable calculator is permitted.

, lOMoAR cPSD| 48179651




PLEASE NOTE:

1. The paper consists of TWO (2) questions.
2. All questions must be answered.
3. All calculations must be shown.
4. Each question attempted, must commence on a new (separate) page.
5. PROPOSED TIME-TABLE: (Avoid deviating from this as far as possible.)

Question Subject Marks Time
number (minutes)
Property, plant and equipment; investment
1 47 85
property; and impairment of assets
Property, plant and equipment; intangible
2 assets; impairment of assets and non-current 53 95
assets held for sale.
TOTAL 100 180
Open Rubric ubric

, lOMoAR cPSD| 48179651




1
Examination rules for file upload/take-home examinations:

1. Students must upload their answer scripts in a single PDF file (answer scripts must
not be password protected or uploaded as “read only” files).

2. NO e-mailed scripts will be accepted.

3. Students are advised to preview submissions (answer scripts) to ensure legibility
and that the correct answer script file has been uploaded.

4. Students are permitted to resubmit their answer scripts should their initial
submission be unsatisfactory.

5. Incorrect file format and uncollated answer scripts will not be considered.

6. Incorrect answer scripts and/or submissions made on unofficial examinations
platforms (including the invigilator cellphone application) will not be marked and
no opportunity will be granted for resubmission.

7. A mark awarded for an incomplete submission will be the student’s final mark. No
opportunity for resubmission will be granted.

8. A mark awarded for illegible scanned submission will be the student’s final mark.
No opportunity for resubmission will be granted.

9. Submissions will only be accepted from registered student accounts.

10. Students who have not utilised invigilation or proctoring tools will be subjected to
disciplinary processes.

11. Students have 5 days from the day of their examination to upload their invigilator
results from the Invigilator App. Failure to do so will result in students deemed not
have participated in the online invigilation.

12. Students suspected of dishonest conduct during the examinations will be subjected
to disciplinary processes. Unisa has a zero tolerance for plagiarism and/or any
other forms of academic dishonesty.

13. Students are provided one hour to submit their answer scripts after the official
examination time. Submissions made after the official examination time will be
rejected by the examination regulations and will not be marked.

14. Students experiencing network or load shedding challenges are advised to apply for
an aegrotat and submit supporting evidence within three days of the examination
session.

15. Students experiencing technical challenges should contact the SCSC on 080 000
1870 or via email or refer to the Get- Help resource

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