CONFIDENTIAL 1 AC/DEC 2017/AIS205

UNIVERSITI TEKNOLOGI MARA

COMMON TEST II

COURSE : COMPUTERISED ACCOUNTING

COURSE CODE : AIS205
EXAMINATION : DECEMBER 2017
TIME : 1 HOUR 30 MINUTES

INSTRUCTIONS TO CANDIDATES

1. This question paper consists of three (3) parts: PART A (5 Questions)

PART B (5 Questions)
PART C (4 Questions)

2. Answer ALL questions from all three (3) parts in the space provided:

3. Do not bring any material into the examination room unless permission is given by
the invigilator.

4. Name :______________________________

Matric No. :______________________________

Group :______________________________

Total Score:

DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO

This examination paper consists of 7 printed pages

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PART A

This part consists of 5 multiple-choice questions. Choose the most suitable answer.

1. Numbers can be entered as texts once you precede the numbers with
an____________.

A. Equal sign (=).

B. Apostrophe (‘).
C. Exclamation mark (1).
D. Comma (,).

2. Determine the CORRECT function to be used to test whether an invoice is current or

not in the Account Receivables Ageing report.

A. IF
B. OR
C. Nested IF
D. IF

3. Below is the dependent worksheet EXCEPT

A. Income Statement
B. Balance Sheet
C. Adjusted Trial balance
D. Owner’s Equity Statement

4. A___________is a work area framed by a grid of columns and rows.

A. workbook
B. cell
C. worksheet
D. file

5. In Microsoft Excel, =(B15-C15) is considered as

A. text data.
B. number data.
C. label data.
D. formula data.

(Total: 5 marks)

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PART B

This part consists of 5 TRUE/FALSE questions. State (T) if the answer is true and (F) if
the answer is false.

1. Inventory turnover is one example of profitability ratios.

2. The intersection of a column and a row is called a cell.

3. Under Last-in First Out method, the value of closing stock is based on the latest price.

4. Numerical dates and times are recognized as values.

5. Break Event Point is the point where sales are equal to variable cost.

(Total: 5 marks)
PART C- Excel Accounting

Answer ALL questions.

QUESTION 1

a. Determine the formula for the following situations:

i. Bagus Bhd is deciding to purchase photocopy machine that can be used for
at least 5 years at a maximum price of RM3,000. Assume that the price is
placed at cell B4 and the useful life is placed at cell C5. The decision to buy is
at cell D4.
(2 marks)
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ii. The Human Resource Manager is deciding to give yearly bonus to their
workers. The criterion is: The worker’s average working hours per week in a
year must equivalent to or exceed 8 hours. Assume that the average working
hours per week are placed at cell C3 and decision to give bonus starts from
cell D3.
(2 marks)

_____________________________________________________________
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_____________________________________________________________

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b. Compare between AND and OR functions.

(2 marks)
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c. Suggest TWO (2) methods used to view the formula in Excel.

(2 marks)
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d. Explain the purpose of using IF function.

(2 marks)
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(Total: 10 marks)

QUESTION 2

The following questions are based on Figure 1 below:

Figure 1
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a. Determine the formula used in each of the following cell.

i. G5
ii. F12
iii. G17
(6 marks)
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b. Explain the logical functions used in cell H13.
(2 marks)
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c. Explain TWO (2) purposes of preparing Account Receivable Ageing Report.

(2 marks)
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__________________________________________________________________
______
(Total: 10 marks)

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QUESTION 3

The following questions are based on Figure 2 below:

Figure 2

a. Determine the formula used in:

i. E9
ii. C19
(4 marks)
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b. Identify the steps to center the title of worksheet from B1 to I3.

(2 marks)
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c. Calculate the amount of closing stock in cell C19.

(2 marks)
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d. Suggest the other TWO (2) valuation method for inventories.

(2 marks)
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(Total: 10 marks)
QUESTION 4

1. Explain TWO (2) techniques used to determine Break Event Point (BEP).
(4 marks)
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2. Differentiate between relative cell referencing and absolute cell referencing with
example of formula.
(4 marks)
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3. Briefly explain CVP Analysis.

(2 marks)
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(Total: 10 marks)

END OF QUESTION PAPER

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