CONFIDENTIAL 1 AC/APR 2019/AIS205

UNIVERSITI TEKNOLOGI MARA

COMMON TEST

COURSE : COMPUTERISED ACCOUNTING

COURSE CODE : AIS205
EXAMINATION : APRIL 2019
TIME : 1 HOUR AND 30 MINUTES

INSTRUCTIONS TO CANDIDATES

1. This question paper consists of four (4) sections. PART A (5 Questions)

PART B (5 Questions)
PART C (3 Questions)
PART D (1 Question)

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.

4. Please check to make sure that this test pack consists of :

i) the Question Paper

ii) an Answer Booklet – provided by the Faculty

5. Answer ALL questions in English.

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

This examination paper consists of 6 printed pages

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL

CONFIDENTIAL 2 AC/APR 2019/AIS205

PART A

This part consists of multiple choice questions. Choose the most suitable answer and
shade the corresponding alphabet representing the answer in the multiple choice
answer sheet provided.

1. Identify the transaction that is recorded using the Spend Money feature.

A. Pay telephone bill by cash

B. Initial capital brought into the business
C. Record year end depreciation
D. Purchase goods for resale

2. Recurring Transactions can also be accessed using the _________ feature.

A. Reports
B. To Do List
C. Find Transaction
D. Set Up Menu

3. MYOB manages inventory using the _________ inventory system and values
inventory using the _________ costing method.

A. periodic, FIFO
B. periodic, weighted average
C. perpetual, weighted average
D. perpetual, FIFO

4. A Credit Note received from a supplier is recorded using _________.

A. Pay Bills
B. Enter Credit Note
C. Enter Bills
D. Enter Purchases

5. A transaction will be listed under the Closed Invoice tab at the Sales Register when
__________.

A. a deposit was received for a sales transaction

B. cash sales is recorded
C. an order is received from customer
D. partial payment is received from customer
(Total: 5 marks)

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL

CONFIDENTIAL 3 AC/APR 2019/AIS205

PART B

This part consists of True and False questions. Choose the most suitable answer and
shade the corresponding alphabet representing true/false in the True/False sheet
provided.

1. The transactions that are recorded at Receive Money can be found at Receipts tab in
Transaction Journal.

2. Drawing of cash is recorded using the Record Journal Entry under the Accounts
Command Centre.

3. ‘I Inventory This Item’ should be left unticked for services rendered.

4. The quantity of inventories will remain unchanged when a Purchase Order is issued
to a supplier.

5. The Sales & Receivables Journal will show all sales transactions regardless whether
payments have been received.
(Total: 5 marks)

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL

CONFIDENTIAL 4 AC/APR 2019/AIS205

PART C – MYOB Accounting

Answer ALL questions.

QUESTION 1

The questions below are based on Figure 1.

Figure 1

Required:

a. Determine the steps to perform the bank reconciliation for October 2017 as in Figure
1 above.
(4 marks)
© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL
CONFIDENTIAL 5 AC/APR 2019/AIS205

b. Discuss THREE (3) possible reasons for the differences between the bank balance in
the system and the bank statement.
(3 marks)

c. Explain the functions of the Bank Entry button when performing bank reconciliation.
(3 marks)
(Total: 10 marks)

QUESTION 2

The questions below are based on Figure 2.

Figure 2

Required:

a. Determine the steps to record the depreciation above as recurring.

(4 marks)

b. Determine the steps to generate the relevant report for the above transaction.
(3 marks)

c. Suggest THREE (3) other transactions that could be recorded using Record Journal
Entry function.
(3 marks)
(Total: 10 marks)

QUESTION 3

a. Determine the double entries when an invoice is recorded.

(4 marks)

b. Differentiate between Open Invoices and Closed Invoices at the Sales Register.
(3 marks)

c. Suggest TWO (2) ways to record cash sales.

(3 marks)
(Total: 10 marks)
© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL
CONFIDENTIAL 6 AC/APR 2019/AIS205

PART D

Answer ALL questions.

Question 1

a. Discuss THREE (3) objectives of Accounting Information System. Give an example

for each objective.
(6 marks)

b. Discuss any TWO (2) roles of accountants in Accounting Information System.

(4 marks)
(Total: 10 marks)

END OF QUESTION PAPER

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL