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FAC3703 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }
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FAC3703 EXAM PACK 2025 {DETAILED QUESTIONS AND ANSWERS }
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, lOMoAR cPSD| 49511909UNIVERSITY EXAMINATIONS
May/June 2022
FAC3703
SPECIFIC FINANCIAL REPORTING
100 marks
3 hours
60 minutes for uploading
THIS PAPER
CONSISTS
OF TEN (10)
PAGES.
INSTRUCTIONS:
Please remember to complete the Honesty Declaration.
Follow these steps to submit your take-home answer file.
1. Access myUnisa at https://my.unisa.ac.za/portal and login using
your student number and myUnisa password.
2. Click on the <myAdmin= tab in the top navigation.
3. In the <Assessments= submenu, click on the <Assessment Info=
tool in the drop-down list.
• Locate the section for UNISA summative assessments at the
bottom of the list.
• Find the corresponding portfolio number for your module.
• Click on the Submit link in the Action column and follow the
steps described below. Load the answer file from your PC to
myUnisa:
• Click on the Browse button next to File Name.
• In the Choose File dialog box, select the file you want to upload,
and then click OK.
• Select the correct file format from the File Format drop-down list.
Only PDF formatted files are allowed to be uploaded.
• Click on the Continue button. If you do not click Continue, no
submission action will take place.
Additional student instructions.
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. Incorrect file format and uncollated answer scripts will not be
considered.
3. NO emailed scripts will be accepted.
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, lOMoAR cPSD| 49511909
4. Students are advised to preview submissions (answer scripts) to
ensure legibility and that the correct answer script file has been
uploaded.
5. Incorrect answer scripts and/or submissions made on unofficial
examinations platforms (including the invigilator cell phone
application) will not be marked and no opportunity will be granted for
resubmission.
6. Mark awarded for incomplete submission will be the student9s final
mark. No opportunity for resubmission will be granted.
7. Mark awarded for illegible scanned submission will be the student9s
final mark. No opportunity for resubmission will be granted.
8. Submissions will only be accepted from registered student accounts.
1 [Please Turn Over]
9. Students who have not utilised invigilation or proctoring tools will
be subjected to disciplinary processes (only include if
applicable).
10. 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.
11. 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.
12. Students experiencing network or load shedding challenges are
advised to apply together with supporting evidence for an
Aegrotat within 3 days of the examination session.
13. Students experiencing technical challenges, contact the SCSC
080 000 1870 or email casenquiries@unisa.ac.za or alternatively
email your module lecturer. ONLY communication from your
myLIfe account will be considered.
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 page.
5. PROPOSED TIME-TABLE: (Avoid deviating from this as far as
possible.)
Downloaded by Vincent master (philomenamusangi990@gmail.com)
, lOMoAR cPSD| 49511909
Question Time
number Subject Marks (minutes)
Leases and Employee
1 benefits 45 80
Financial Instruments,
Borrowing cost and Related
2 Parties 55 100
TOTAL 100 180
INSTRUCTIONS ON THE DAY OF THE 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.
• Unless otherwise specified by your institution, note that you can
only scan this QR code once. If your assessment has multiple
online sections, tests or attempts, you should NOT finish the
invigilation until your entire assessment has been completed.
• Only scan the QR code when the assessment formally
commences.
• The QR code is only scannable for a limited time and it should
therefore be scanned as soon as possible to start the
invigilation.
• 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 request, which you should then perform.
• We recommend that you keep your smartphone on charge for the
duration of the assessment.
• If you only have one device you may access your assessment in
the application by pressing the 8Access Exam9 button in the top
right corner of your app.
• Keep the Invigilator App open on your cell phone for the full
duration of the assessment. You are not allowed to minimise
or leave the app.
• Ensure you are connected to the internet in order to commence
the invigilation as well as at the end of the assessment. No internet
connection is required during the assessment.
• You have to adhere to the assessment time limit
communicated to you by your institution as the time displayed
in the Invigilator App could differ from the time allocated to
complete your assessment.
• You can click the "Finish Assessment" button in the app if you
finish your assessment early .
• If you are performing a written or Scan-and-Upload
assessment:
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