Year 11 Final Examination 2017
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Questions and Answers

How many questions are there in total in the paper?

  • 10
  • 7 (correct)
  • 8
  • 5
  • What is the time allowed for the examination?

  • 3 hours (correct)
  • 2.5 hours
  • 4 hours
  • 2 hours
  • When using extra sheets of paper, what should be ensured?

  • Use any color pen for writing
  • Show clearly the question number(s) being answered (correct)
  • Do not write Name and Year Level on the extra sheets
  • Do not secure the sheets in the Answer Booklet
  • What is the only permissible use of a pencil?

    <p>Drawing</p> Signup and view all the answers

    What is the primary purpose of financial accounting?

    <p>To report financial information to external users</p> Signup and view all the answers

    Which field of accounting focuses on information for internal use by management?

    <p>Management accounting</p> Signup and view all the answers

    What are practitioners of accounting commonly referred to as?

    <p>Accountants</p> Signup and view all the answers

    What are the synonyms often used for the term 'accounting'?

    <p>Accounting and financial reporting</p> Signup and view all the answers

    To whom does financial accounting convey an organization's financial information?

    <p>External users</p> Signup and view all the answers

    Study Notes

    Examination Details

    • There are a total of unspecified number of questions in the paper.
    • The time allowed for the examination is not specified.

    Examination Rules

    • When using extra sheets of paper, the candidate's name and Centre Number should be ensured.

    Accounting Basics

    • The only permissible use of a pencil is for diagrams and graphs.
    • The primary purpose of financial accounting is to convey an organization's financial information.
    • Financial accounting conveys an organization's financial information to external parties such as investors and creditors.

    Management Accounting

    • Management accounting focuses on providing information for internal use by management.

    Accounting Professionals

    • Practitioners of accounting are commonly referred to as accountants.

    Synonyms for Accounting

    • Bookkeeping and finance are often used as synonyms for the term 'accounting'.

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    Description

    Test your accounting knowledge with the Ministry of Education Fiji Year 11 Final Examination 2017. This quiz challenges students to demonstrate their understanding of accounting principles and concepts within a time limit of 3 hours. Get ready to showcase your skills and ace this exam!

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