Table of Specification

FUNDAMENTALS OF ACCOUNTANCY, BUSINESS AND MANAGEMENT 2

SY 2020 - 2021

COGNITIVE PROCESS

% of Teaching Time
DIMENSIONS

No. of Days taught

Understanding
Remembering
MELC

No. of Items

Evaluating
Analyzing
Applying

Creating
Identify the elements of the SFP and describe each
of them

Prepare an SFP using the report form and the 4

account form with proper
classification of items as current and noncurrent

Identify the elements of the SCI and describe each

of these items for a service business and a
merchandising business

Prepare an SCI for a service business using the 8

single-step approach
Prepare an SCI for a merchandising business using
the multistep approach
Prepare an SCE for a single proprietorship 4
Discuss the components and structures of a CFS
4
Prepare a CFS purchasing power of the people

Define the measurement levels, namely, liquidity,

solvency, stability, and
profitability

Perform vertical and horizontal analyses of

financial statements of a single
proprietorship
8
Compute and interpret financial ratios such as
current ratio, working capital,
gross profit ratio, net profit ratio, receivable
turnover, inventory turnover,
debt-to-equity ratio, and the like

Identify the types of bank accounts normally

maintained by a business

Prepare bank deposit and withdrawal slips

4
Identify and prepare checks
identify and understand the contents of a bank
statement
Describe the nature of a bank reconciliation
statement
Analyze the effects of the identified reconciling 12
items

Prepare a bank reconciliation statement

Define income and business taxation and its
principles and processes
Explain the procedure in the computation of gross
taxable income and tax due
20

Explain the principles and purposes of taxation

64 0

Prepared by:

MARVIN C. DILOY
Item Placement

1,2,3,4,17,36,49,50 ok

5,6,7,8,9,15,16,18 ok

10,11,12,14 ok

13,19,37,46,47,48,51,52,53,54,55,56,57,58,59,,60 ok

20,21,22,23,42,43,44,45, ok
24,25,26,27,28,29,30,38,39,40,41, ok

31,32,33,34,35, ok