Fundamentals of Management Accounting

Class slides Exam Focus

The dictionary is the only place that success

comes before work
Work is the key to success, hard work can
help you accomplish anything



50 questions
2 Hours
Some multiple Choice Questions
Some objective/Theory style Questions
50 questions 120 Minutes!
2 1/2 minutes per Question
IF after ONE minute you do not know what to
do or have NOT started your answer MOVE
ON!



Make sure you attempt every question

IF you dont know an answer, take a guess, at
worst it will be wrong!, so too is a Blank
Space!
Check your answers BEFORE you sign out of
assessment
Look for DISTRACTORS!, answers to confuse
or throw you off what you should be doing!

4 Types of questions:
1. MCQs
2. True or False
3. Data Entry fill in numbers or words in a
Blank space
4. Multiple Response a range of options to
choose from



Formula for exam:

IRR is given:

Present value & Annuity tables are required to

be used.
Watch for:
$ or s
Sales tax is the same as VAT
Receivables = Debtors
Payables = Creditors
Inventory = Stock



Lsbf Notes & Lsbf Teaching Questions

Slides
Weekly Quiz
Test Questions on Slides
BPP Study Text - Notes
BPP Revision Kit 142 questions in Question
Bank
Mock Assessment 1 & 2
We will Revise from Mock 1



BPP Study Text Question Bank

Tackle ALL 96 Questions