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FAC3702 EXAM PACK 2024/2025 $2.54
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Exam (elaborations)

FAC3702 EXAM PACK 2024/2025

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FAC3702 EXAM PACK 2024/2025

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  • October 22, 2024
  • 103
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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lOMoAR cPSD| 48179651




lOMoAR cPSD| 48179651




Downloaded by tonnie Aredo (tonniearedo28@gmail.com)

, 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.

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 property; and
1 47 85
impairment of assets
Property, plant and equipment; intangible assets; impairment of
2 53 95
assets and non-current assets held for sale.



Downloaded by tonnie Aredo (tonniearedo28@gmail.com)

, lOMoAR cPSD| 48179651




TOTAL 100 180
Open Rubric ubric




Downloaded by tonnie Aredo (tonniearedo28@gmail.com)

, lOMoAR cPSD| 48179651




1
lOMoAR cPSD| 48179651




FAC3702

Date: 23 May 2024



INSTRUCTIONS ON THE DAY OF ASSESSMENT:

Ensure you are connected to the internet in order to log into the Invigilator App and
scan this QR code.

If you encounter difficulty in scanning the QR code, you can alternatively enter the Exam Access Code below the QR code to start the
invigilation.

If you finish your assessment before the app timer has run out you need to press the ‘Finish Assessment’ button and follow instructions
before you exit or minimise the app.

Scan the QR code at the start time of the assessment, unless otherwise specified by
your institution, note that you can only scan this QR code once.

The QR code is only scannable for a limited time and it should therefore be
scanned as soon as possible after the assessment commencement time.

Keep the Invigilator App open on your smartphone for the full duration of the
assessment. You are not allowed to minimise or leave the app during your
assessment.

You must adhere to the assessment time limit communicated to you by your institution. The timer displayed in the Invigilator may vary
depending on the start time of invigilation.

FURTHER GUIDANCE

If you only have one device you may access your assessment in the application by pressing the ‘Access Browser’ button in the top right
corner of your app.

Once the QR code is scanned, ensure your media volume is turned up and place your smartphone next to you.

The Invigilator App will notify you with a notification beep when you are required to action a photo request, which you should then
perform as soon as possible.

We recommend that you keep your smartphone on charge for the duration of the assessment.

Ensure you are connected to the internet when commencing invigilation. You also need to be connected to the internet at the end of the
assessment in order to upload the app data.

If your assessment has multiple online sections, tests or attempts, you should NOT finish the invigilation until your entire assessment
has been completed.

Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on +27 (0)73 505 8273




Downloaded by tonnie Aredo

(tonniearedo28@gmail.com)

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