Exam (elaborations)
FAC2602 Assignment 2 Semester 2 2024 Exam (elaborations) Selected Accounting Standards and Simple Group Structures
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FAC2602 Assignment 2 Semester 2 2024
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9/10/24, 7:42 PM Assessment 2: Attempt reviewMENU
Started on Tuesday, 10 September 2024, 6:01 PM
State Finished
Completed on Tuesday, 10 September 2024, 7:42 PM
Time taken 1 hour 40 mins
Question 1
Complete
Marked out of 3
Use the scenario loaded under additional resources to answer the following question.
The amount of other comprehensive income in the statement of changes in equity for non-controlling interest is?
1.
R360 000
2. R 90 000
3.
R270 000
4. R 60 000
https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=225611&cmid=71025 1/9
, 9/10/24, 7:42 PM Assessment 2: Attempt review
Question 2
Complete
Marked out of 2
MENU
Use the scenario loaded under additional resources to answer the following question.
Trade and other payables in the consolidated financial statements amount to:
1.
R960 000 + R810 000 – (R240 000 x 75%)
2. R960 000 + (R810 000 x 75%)
3.
R960 000 + R810 000 – R240 000
4. R960 000 + R810 000
Question 3
Complete
Marked out of 1
Use the scenario loaded under additional resources to answer the following question.
The opening balance of revaluation surplus in the consolidated statement of changes in equity, is:
1.
R950 000
2. R950 000 + (R760 000 x 75%)
3.
R950 000 + (R760 000 – R340 000) x 75%
4. R950 000 + (R760 000 – R340 000 – R60 000) x 75%
https://cas.myexams.unisa.ac.za/mod/quiz/review.php?attempt=225611&cmid=71025 2/9
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