Exam (elaborations)

FAC2602 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS

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University Of South Africa

FAC2602 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS. QUESTION 1 (16 marks) (19 minutes) Valee Ltd is a manufacturer of luxury gift bags. Rancho Ltd is a retailer in the same industry. Valee Ltd decided to acquire shares in Rancho Ltd on 1 October 2019 as part of its growth and expansion strategy...

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Uploaded on June 8, 2023
Number of pages 207
Written in 2022/2023
Type Exam (elaborations)
Contains Questions & answers

fac2602 exam pack 2023

STUDYLAB2023 Member since 2 year 697 documents sold

FAC2602 EXAM PACK 2023
LATEST QUESTIONS WITH
ANSWERS

,UNIVERSITY EXAMINATIONS

October/November Examination 2022

FAC2602

Selected Accounting Standards and Simple Group Structures

100 marks
2 hours

This paper consists of twelve (12) pages.

Important to note:

1. This paper consists of FOUR (4) questions.

2. All questions must be answered, and basic calculations, where applicable, must be shown.

3. Each question attempted must commence on a new (separate) page.

4. Remember to complete and adhere to the Honesty Declaration.

5. Students must upload their answer scripts in a single PDF file (not larger than 20Mb) before
the expiry of the available time (answer scripts must not be password protected and should
not be uploaded as “read only” files)

6. No emailed submissions will be accepted.

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

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

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

10. 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.

11. Marks awarded for incomplete submission will be the student’s final mark. No opportunity for
resubmission will be granted.

12. Marks awarded for illegible submissions will be the student’s final mark. No opportunity for
resubmission will be granted. Only the last file uploaded and submitted will be marked.

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

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, 2 FAC2602
Oct/Nov 2022

14. Students who have not utilised invigilation or proctoring tools will be deemed to have
transgressed Unisa’s examination rules and will have their marks withheld.

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

16. Students must complete the online declaration of their work when submitting. Students
suspected of dishonest conduct during the examinations will be subjected to disciplinary
processes. Students may not communicate with other students or request assistance from
other students during examinations. Plagiarism is a violation of academic integrity, and
students who do plagiarise or copy verbatim from published work will be in violation of the
Policy on Academic Integrity and the Student Disciplinary Code and may be referred to a
disciplinary hearing. Unisa has zero tolerance for plagiarism and/or any other forms of
academic dishonesty.

17. Students are provided 30 minutes to submit their answer scripts after the official examination
time. Students who experience technical challenges should report to the SCSC on 080 000
1870 or their college exam support centres (refer to the Get help during the examinations by
contacting the Student Communication Service Centre (unisa.ac.za)) within the 30 minutes.
Queries received after the closure of the official examination duration time will not be
responded to. Submissions made after the official examination time will be rejected by the
examination regulations and will not be marked.

18. Non-adherence to the processes for uploading examination responses will not qualify the
student for any special concessions or future assessments.

19. Queries that are beyond Unisa’s control include the following:
a. Personal network or service provider issues
b. Load shedding/limited space on personal computer
c. Crashed computer
d. Using work computers that block access to myExams site (work firewall challenges)
e. Unlicensed software (e.g., license expires during exams)

20. Undergraduate students experiencing the above challenges in their second examination
opportunity will have to re-register for the affected module. No opportunity to apply for an
aegrotat is available.

21. Students experiencing technical challenges, contact the SCSC 080 000 1870 or email
or refer to Get-Help for the list of additional contact numbers.
Communication received from your myLife account will only be considered.

22. The QR code for examination is included below. Please scan this code upon commencement
of the examination:

, 3 FAC2602
Oct/Nov 2022

23. PROPOSED TIMETABLE: (Avoid deviating from this as far as possible.)

Question Time in
no Subject Marks minutes
1 Group statements and consolidation 16 19
2 Group statements and consolidation 49 59
3 Statement of cash flows 31 37
4 Integrated Reporting 04 05
TOTAL 100 120

24. Good luck!

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