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FAC3702 EXAM PACK EXAM REVISION
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---131november 20212021/2022A+
- FAC3702 EXAM PACK 
EXAM REVISION PACK 2015 
Written by Class of 2015 
Together We Pass 
 
 
 
Tel: 021 958 2567 
© 2015 Together We Pass. All rights reserved. 
Welcome 
If you are reading this message then you are doing(FAC3701) with UNISA. These are being compiled by our 
Together We Pass team for our students who are registered for FAC3701 this term, and will be built upon year on 
year to create the best set of questions, with suggested solutions, with the possibility of including hints and ...
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ExellentStudyResources
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FAC3701 Semesters 1 and 2
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---41juni 20212020/2021A
- Students who have completed this module successfully will be able to prepare a set of financial 
statements of companies in accordance with International Financial Reporting Standards with 
specific reference to: 
 Income Taxes (IAS 12 and FRG 1) 
 Accounting Policies, Changes in Accounting Estimates and Errors (IAS 8) 
 Conceptual Framework for Financial Reporting 2018 
 Preface to International Financial Reporting Standards 
 Presentation of Financial Statements (IAS 1) 
 Eve...
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NURSMontero
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A SSIGNMENT 02 FOR FAC3701 (COMPULSORY F OR FIR ST SEMESTER)
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---3juni 20212020/2021A+
- P A RT A (21 marks) 
The profit before tax of Blue Ltd for the year ended 31 December 2013 amounted to 
R896 000, after taking the following into account: 
R 
Dividends received 25 000 
Penalty on VAT paid 2 200 
The following is an extract from the trail balance of Blue Ltd: 
31 December 2013 31 December 2012 
R R 
Dr/(Cr) Dr/(Cr) 
Rent received in advance (80 000) (35 000) 
Subscriptions paid in advance 40 000 85 000 
After the draft financial statements for the year ended 31 December 2013 had...
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TopGradess
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ASSIGNMENT 1 SEMESTER 1
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---13juni 20212020/2021B
- A strike in the mining industry in South Africa is a typical example of a … risk. 
1 dynamic 
2 particular 
3 fundamental 
4 speculative 
A strike in the mining industry in South Africa is an example of a fundamental risk. 
Fundamental risks affect large part of society or even the world and are regarded as 
commercially uninsurable. These risks are outside the control of a person or a group of 
people.
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TopGradess
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Tentamen (uitwerkingen)
ASSIGNMENT 1 SEMESTER 1
-
---13juni 20212020/2021B
- A strike in the mining industry in South Africa is a typical example of a … risk. 
1 dynamic 
2 particular 
3 fundamental 
4 speculative 
A strike in the mining industry in South Africa is an example of a fundamental risk. 
Fundamental risks affect large part of society or even the world and are regarded as 
commercially uninsurable. These risks are outside the control of a person or a group of 
people.
-
$5.99 Meer Info
TopGradess