Final Exam – Principles of Accounting II
Date:
1 June 2015 (Monday)
Time & Venue:
To be announced by AR
Be punctual. Don’t forget to bring a calculator.
Final Exam – Principles of Accounting II
 Attempt all 5 questions
 Write all answers in the answer booklet as provided
 Write clearly and do not use pencil for writing
answer scripts (otherwise marks may be deducted)
 Show all workings / calculations
 Use of calculator is allowed (No financial
calculators and No smart phone calculators)
 Students must bring your own calculator, sharing is
NOT allowed (we will not supply any calculator）
 Cheating of any forms will NOT be tolerated
Q
Cal
Essay Coverage
1
20
-
Chapter 15
Transactions of Held-for-Trading &
Available-for-Sale investments including
changes in market prices.
2
20
-
Chapters 16
Understand a complete Cash Flows
Statement using indirect method
3
10
10
Chapter 17
Understand & determine accounting ratios
(formulas are not provided), tools &
methods on financial statement analysis
4
16
4
Chapter 18
Understand characteristics of managerial
accounting, concepts of costs and
manufacturing costs and their applications
Q
Cal
Essay Coverage
5
16
4
Chapter 22
Understand contribution margin and
break-even point, the effects of changes in
sales, variable cost & fixed cost on
contribution margin, break-even point &
net income. Apply the relation among
sales, production capacity, variable cost,
fixed cost & net income in decision
making.
Total
82
18
(Essay answers have to be backed up by
explanations/examples to showcase your
understanding)
Write CLEARLY & LEGIBLY! Show calculations!
The following topics are excluded:
 All “decision analysis” parts in the chapters
 All appendixes
 Chapter 22 - Multi-product Break-Even
Point (p. 887 – 889)
Work hard
&
Good Luck!