FAC3703 Assignment 1 (COMPLETE ANSWERS) Semester 2 2024 - DUE 7 September 2024
FAC3703 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED Course Specific Financial Reporting (FAC3703) Institution University Of South Africa (Unisa) Book DESCRIPTIVE ACCOUNTING IFRS FO...
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University of South Africa (Unisa)
FAC3703 - Specific Financial Reporting (FAC3703)
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FAC3703
EXAM PACK
,UNIVERSITY EXAMINATIONS
July 2021
FAC3703
SPECIFIC FINANCIAL
REPORTING
100
marks
3
hours
60 minutes for
uploading
THIS PAPER CONSISTS OF NINE (9)
PAGES.
INSTRUCTIONS:
Please remember to complete the Honesty Declaration.
Follow these steps to submit your take-home answer file.
1. Access myUnisa at https://my.unisa.ac.za/portal and login using your student number and myUnisa
password.
2. Click on the “myAdmin” tab in the top navigation.
3. In the “Assessments” submenu, click on the “Assessment Info” tool in the drop-down list.
• Locate the section for UNISA summative assessments at the bottom of the list.
• Find the corresponding portfolio number for your module.
• Click on the Submit link in the Action column and follow the steps described below.
Load the answer file from your PC to myUnisa:
• Click on the Browse button next to File Name.
• In the Choose File dialog box, select the file you want to upload, and then click OK.
• Select the correct file format from the File Format drop-down list. Only PDF formatted files are
allowed to be uploaded.
• Click on the Continue button. If you do not click Continue, no submission action will take place.
PLEASE NOTE:
1. The paper consists of TWO (2) questions.
2. All questions must be answered.
3. All calculations must be shown.
5. Each question attempted, must commence on a new (separate) page.
6. PROPOSED TIME-TABLE: (Avoid deviating from this as far as possible.)
[TURN OVER]
, 2 FAC3703
July 2021 Examination
Question Subject Marks Time
number (minutes)
1 Leases and borrowing costs 52 94
Financial instruments, related parties and
2 48 86
employee benefits
TOTAL 100 180
[TURN OVER]
, 3 FAC3703
July 2021 Examination
INVIGILATOR APP INSTRUCTIONS
1. Please remember to keep your cell phone fully charged for the duration of the
assessment.
2. Please log into The Invigilator App if you have not done so yet. You need to be
connected to the internet in order to log in.
3. Scan the QR code below once the examination starts. If you encounter difficulty with
scanning of the QR code, you can also enter the QR access code as indicated at the
bottom of the QR code to start the online invigilation.
4. Once the QR code is scanned, avoid any disturbances by putting your phone on
airplane mode. No internet connection is needed during the assessment.
5. Keep the Invigilator app open at all times on your cell phone during the assessment.
6. You may place your cell phone next to you. Your cell phone does not need to face you
however should be close enough to hear the notifications from The Invigilator App.
7. The Invigilator App will notify you when an action is required.
8. In order to receive notifications do not put your cell phone on silent mode and ensure
media volume is turned up.
9. When an action is required, a notification beep will be heard, and an instruction will be
visible.
10. Please take note that once the examination time is over, firstly focus on scanning and
uploading your script to your assessment platforms. Uploading your script is time
sensitive.
11. Once your script is uploaded on your assessment platform, you may switch on your
data to start the uploading process on The Invigilator app.
12. Good Luck!
[TURN OVER]
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