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AC1025

BSc DEGREES AND GRADUATE DIPLOMAS IN ECONOMICS, MANAGEMENT,


FINANCE AND THE SOCIAL SCIENCES, THE DIPLOMA IN ECONOMICS AND
SOCIAL SCIENCES AND THE CERTIFICATE IN EDUCATION IN SOCIAL
SCIENCES

Online Assessment Instructions

AC1025 Principles of accounting

The assessment will be a closed-book take-home online assessment within


a 4-hour and 15-minute window. The expected time/effort to answer all
questions is 3 hours and 15 minutes.

Candidates should answer Sections A, B and C.

Section A of this examination consists of 15 Multiple Choice Questions which


should be answered online. You should attempt to answer ALL the questions.
Each question has four possible answers. There is only one correct answer to
each of the questions. The maximum mark for this section is 30.

For Sections B and C: Please answer question 16 (30 marks) of Section B,


ONE question from Section C and ONE further question from either section B
or C (except for question 16 all questions are worth 20 marks).

Extracts from compound interest tables will be given after the final question on
this paper if these are required to answer the questions.

Section A of this examination will consist of a set of Multiple Choice Questions


which should be answered directly on the exam platform.

Sections B and C of this examination should be completed using word


processing software (i.e. Microsoft Word). This should be saved as a .doc or
.docx file and then uploaded to the exam software as ONE individual file.
Please ensure that your candidate number is written clearly at the top of each
page. Please do not write your name anywhere on any part of your submission.

You may hand-write calculations, formulae, or diagrams, but these should be


scanned or copied and included as images in the Word document that you
submit. Please ensure that any images are inserted at the appropriate point of
your document and correctly aligned (i.e. markers will not need to rotate images
to read them).

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For sections B and C only, workings should be submitted for all questions
requiring calculations. Any necessary assumptions introduced in answering a
question are to be stated.

You may use any standard non-graphing scientific calculator for your
calculations, but you may not use any computer software or program to obtain
or graph solutions. Credit will only be given if all workings are shown.

You are advised not to leave your submission to the last minute in order to allow
sufficient time to submit your work.

If you think there is any information missing or any error in any question, then
you should indicate this but proceed to answer the question stating any
assumptions you have made.

The assessment has been designed with a duration of 4 hours and 15 minutes to
provide a more flexible window in which to complete the assessment. As a closed-
book exam, the expected amount of effort required to complete all questions is no
more than 3 hours and 15 minutes. Organise your time well. You are assured that in
terms of answering all questions, there will be no benefit in you going beyond the
expected 3 hours and 15 minutes of effort. Your assessment has been carefully
designed to help you show what you have learned in the hours allocated.

This is a closed-book assessment but we recognise that some students have the
ability to memorise sentences or entire paragraphs of text. As such, under closed-
book conditions, examiners will be within their rights to consider plagiarism may have
taken place if they encounter any strings of sentences taken from ANY source which
are closely paraphrased or directly quoted and which are not referenced.

You are not expected to compile a full bibliography for any answer, but if you are
recalling a direct quote from ANY source (including books, journals, internet sources,
the subject guide, or lecture notes), then you must use quotation marks and add a
reference to identify the author, and preferably also the year. If you are paraphrasing
closely you must also attempt to reference where possible, and at least provide a
basic reference to indicate the author. Please ensure that ahead of taking your
examination, you have read the additional guidance on referencing under exam
conditions which is available at:

Recognised Teaching Centre students - Avoiding plagiarism: Referencing in EMFSS


examinations (london.ac.uk)

2U Online students – course wall on VLE (Digital Campus)

By accessing this question paper, you agree not to commit any assessment offence.
Assessment offences include (but are not limited to) committing plagiarism and the
use or access of any paid-for or any other services offering live assistance
during an examination. You must not confer with anyone else during a live
examination; and we take conferring to include any exchange of information or
discussion about the assessment with others in any way that could potentially give
you or another student an advantage in the examination. As such, any exchanging
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with others of exam questions; or any accessing of websites, blogs, forums or any
other form of oral or written communication with others which involves any
discussion of live examination questions or potential answers/solutions to
exam questions will be considered an assessment offence.

The University of London will conduct checks to ensure the academic integrity of
your work. Many students that break the University of London’s assessment
regulations did not intend to cheat but did not properly understand the University of
London’s regulations on referencing and plagiarism. The University of London
considers all forms of plagiarism, whether deliberate or otherwise, a very
serious matter and can apply severe penalties that might impact on your
award.

The University of London’s Procedure for the Consideration of Allegations of


Assessment Offences is available online at:

Assessment Offence Procedures - University of London

© University of London 2023

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