ACCT2110 Intermediate Financial Accounting
Intermediate Financial Accounting
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CRICOS code 00025B
Mid-semester exam details
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ACCT2110 Intermediate Financial Accounting
Duration: 90 mins + 10 mins (planning & working)
• You have 15 mins submission time. The system usually has a slow response at the end of
an exam. Make sure to allow enough processing time so that the system can save your
submission before 11:55 am.
• Late submission penalties will be applied if you submit after 11:55 am.
Less than 5 minutes – 5% penalty
From 5 minutes to less than 15 minutes – 20% penalty
More than 15 minutes – 100% penalty
Where: Online, non-invigilated Blackboard test; will be accessed via Blackboard—
Assessment—Midsemester Exam folder
CRICOS code 00025B
Mid-semester exam details
• This is an open-book exam. A list of general instructions for the midsemester exam is
available in the Midsemester Exam folder.
• A Practice Exam will be available in the same folder.
• Make sure to read the instructions and attempt the practice exam to get familiar with the
formats of exam questions.
• Deferred Mid-semester Exam: If you are sick &/or unable to sit the exam, please see the
subject ECP & the Business School reception/website for details on how to apply for the
deferred mid-semester exam.
• Do Not Attempt the Mid-semester exam if you apply for a deferred exam. You will not be
eligible for the deferred exam once you click the link to the Mid-semester exam.
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CRICOS code 00025B
Mid-Semester Exam Week
• There will be NO tutorial during the mid-semester exam week.
• Additional consultations will be provided before the exam. The timetable will be announced on
Blackboard soon.
• Please attend consultations as soon as possible, as sessions closer to the exam are expected
to be busy.
• Alternately, please post questions on the Discussion Board.
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CRICOS code 00025B
Examination Structure
• Format: short answers (type your answers in the answering boxes provided), MCQ, match,
True/False.
• Calculations, journal entries, theory application
• Mark allocation:
Q1: PPE 8 marks (5 questions)
Q2: Leases (for lessees) 7 marks (1 question)
Q3: Leases (for lessors) 7 marks (2 questions)
Q4: Provisions and Contingencies 8 marks (2 questions)
In Total: 30 marks (10 questions)
• Weighting: 30% of the final grade.
• Please attempt the practice exam.
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CRICOS code 00025B
Mid-semester exam
How do I prepare?
• Practice, practice, practice…
• A good guide to the type of questions (coverage of issues, depth of
knowledge, how the material can be examined) is provided by:
• Lecture examples
• Tutorial questions
• Worked examples from the textbook (where they have been noted in
lectures, or are similar to lecture examples)