CONFIDENTIAL 1 AC/TEST 1/ JUNE

2021/AIS205

UNIVERSITI TEKNOLOGI MARA

TEST 1

COURSE : COMPUTERISED ACCOUNTING

COURSE CODE : AIS205
EXAMINATION : JUNE 2021
TIME : 1 HOUR 30 MINUTES

INSTRUCTIONS TO CANDIDATES

1. This question paper consists of three (3) parts: PART A (10 Questions)
PART B (10 Questions)
PART C (3 Questions)

2. Answer ALL questions in the Answer Booklet. Start each answer on a new page.

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

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 multiple-choice questions. Choose the most suitable answer and
shade the corresponding alphabet representing the answer in them multiple choice
answer sheets provided.

1. On an Excel sheet the active cell is indicated by _________________

A. A dark wider border

B. A dotted border
C. A blinking border
D. None of the above

2. In order to multiply items in Excel, the symbols that can be used is

_________

A. ^
B. @
C. *
D. #

3. Which statement is NOT TRUE?

A. Macro is a set of instructions that you record in Excel and later on it can be
executed or run when it is needed.
B. Selection to sum the cell range from A1 to A30 is represented by
=SUM(A1/A30).
C. Clicking the Centre button, centres the text or numbers inside the cell.
D. The intersection of a column and row is called a cell.

4. The following statements are incorrect EXCEPT

A. NOT function can test up to 30 conditions

B. OR is one of the functions under statistical category
C. AutoSum function can be used to get the total amount of a range of cells
D. Absolute cell referencing formula change accordingly when copied to
another cell

5. Choose the statement that describe the IF function choose to calculate the
debit side of Adjusted Trial Balance

A. Excel will display the value if the debit minus the credit side is more than
zero
B. Excel will display the value if the debit minus the credit side is more or
equal to zero
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C. Excel will display the value if the credit minus the debit side is more than
zero
D. Excel will display the value if the credit minus the debit side is more or
equal to zero

6. The syntax for Nested IF function is

A. =if(condition 1,if(condition 2,value if true,value if false)).

B. =if(condition 1,if(condition 2,value if false,value if true),value if false).
C. =if(condition 1,if(condition 2,value if true,value if false),value if false).
D. =if(condition 1,if(condition 2,value if true,value if false),value if true).

7. Choose the correct statement to explain the OR function.

A. lf the condition is not met, the outcome is true.

B. All conditions must be met in order the outcome to be true.
C. lf either one or more condition/s is/are met, the outcome is true.
D. lt can test up to 20 conditions.

8. Debtors Ageing Report can be used for the following, EXCEPT

_____________

A. to decide to increase the credit limit of existing customers.

B. to determine the adequacy of allowance for doubtful debts.
C. to receive payments from overdue customers.
D. to review any overdue accounts periodically

9. $ sign is used to copy from one cell to another cell in:

A. Relative referencing
B. Absolute referencing
C. Active cell
D. IF function

10. Choose the independent worksheet from the followings worksheet

A. Profit and Loss Statement

B. Statement of Financial Position
C. Trial Balance
D. Statement of Owner’s Equity

(Total: 10 marks)

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PART B

This part consists of TRUE/FALSE questions. Write (T) if the answer is true and (F) if
the answer is false in the answer booklet provided.

1. A field size defines the maximum number of characters a field can contain.
2. The formula = IF(B2>90, YES, NO) will give the result NO if B2 is 90.
3. Advanced filter enable users to filter data according to many criteria.
4. The formula =IF(SALES>COST,”PROFIT”,”LOSS”) will give the result loss
if sales is RM5,000 and cost is RM3,500.

5. The formula = (A2+B5)*5% is valid.

6. Transaction processing produces information about debtors who receives

sales invoice or bills

7. List of former personnel information falls under category of reference file

8. Fulfill the obligations relating to stewardship is an objective of an

accounting information system

9. The components of Accounting Information System shows the relationship

of data and information.

10. The task of an accountant is to design an accounting information system

(Total: 10 marks)

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PART C

Answer all questions.

QUESTION 1

The following questions are based on Figure 1.

A B C D E F G H I
1 Permata Hati Enterprise
2 INVENTORY VALUATION STATEMENT
3 31/05/2021
4 PURCHASES SALES
5 RM RM
6 DATE NO OF UNITS UNIT COST EXTENDED AMT DATE NO OF UNITS UNIT COST EXTENDED AMT
7 1-Jan-21 700 35 24500
8 5-Jan-21 500 36 18000 3-Jan-21 300 55 16500
9 15-Mar-21 600 40 24000 12-Feb-21 250 56 14000
10 10-Apr-21 300 42 12600 10-Mar-21 500 61 30500
11 20-Apr-21 500 41 20500 5-Apr-21 1000 63 63000
12 1-May-21 400 39 15600 28-Apr-21 200 60 12000
13 15-May-21 300 38 11400 17-May-21 300 58 17400
14 TOTAL AVAILABLE FOR SALE 3300 126600 TOTAL SALES 2550 153400
15
16 CLOSING STOCK 1500
17
18 INVENTORY VALUATIONS
19 FIFO AVERAGE COST LIFO
20 CLOSING STOCK ########## ? ?
Figure 1

a. Explain the reason why the amount in C20 is displayed as ######. Describe the
steps to correct the error.
(4 marks)
b. Determine the formula in cells:
i. E20
ii. G20
(3 marks)
c. Calculate the Gross Profit for closing stock valued using LIFO method.
(3 marks)

(Total: 10 marks)
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QUESTION 2

The following questions are based on Figure 2.

A B C D
1 ZAMRUD MERAH ENTERPRISE
2
3 VEHICLE MACHINE
4 COST 90000 300000
5 SALVAGE VALUE 80000 10000
6 USEFUL LIFE/DEPRECIATION RATE 10 5%
7 METHOD STRAIGHT LINE METHOD REDUCING BALANCE METHOD
8
9 VEHICLE
10 YEAR DEPRECIATION EXP ACCUMULATED DEP NET BOOK VALUE
11 1 1000 1000 89000
12 2 1000 2000 88000
13 3 1000 3000 87000
14 4 1000 4000 86000
15 5 1000 5000 85000
16
17 MACHINE
18 YEAR DEPRECIATION EXP ACCUMULATED DEP NET BOOK VALUE
19 1 14500.00 14500.00 285500.00
20 2 14275.00 28775.00 256725.00
21 3 12836.25 41611.25 215113.75
22 4 10755.69 52366.94 162746.81
24 5 8137.34 60504.28 102242.53
Figure 2

a. Determine the formula in the following cells:

i. B11
ii. C12
iii. D15
iv. B19
v. C20 (5 marks)

b. Differentiate between the Straight Line Method and Reducing Balance Method.
(2 marks)

c. What-if-analysis is the process of changing the values in cells and those changes
will affect the outcome. State THREE kinds of What-if-analysis tools in Excel.
(3 marks)
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(Total: 10 marks)

QUESTION 3

NADYA Enterprise is planning to convert its accounting system from manual system
to computerized accounting system. Nadya wants to use accounting software to
record her business transactions. As an expert in UBS accounting software, you need
to help her with the elements on the UBS accounting software.

a. Explain to Nadya on how to set accounting year in UBS accounting software.

(3 marks)

b. What is the objective to set-up the charts of accounts in UBS accounting

software?
(2 marks)

c. How does organize batches in UBS accounting software can assist you in
recording business transactions? Provide your answer with THREE examples.
(5 marks)

(Total: 10 marks)

END OF QUESTION PAPER

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