CONFIDENTIAL 1 AC/OCT 2018/AIS205

UNIVERSITI TEKNOLOGI MARA

COMMON TEST 1

COURSE : COMPUTERISED ACCOUNTING

COURSE CODE : AIS205
EXAMINATION : OCTOBER 2018
TIME : 1 HOUR 30 MINUTES

INSTRUCTIONS TO CANDIDATES

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

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

2. Answer ALL questions from all four (4) parts 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

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

This examination paper consists of 6 printed pages
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PART A

This part consists of 5 multiple choice questions. Choose the most suitable answer
and write down the alphabet representing the answer in the answer booklet.

1. What is the Current Financial Year of a company if the company’s financial year is 1
July 2016 to 30 June 2017?

A. 2018
B. 2017
C. 2016
D. 2015

2. How many types of accounts are in MYOB Premier?

A. Three (3)
B. Five (5)
C. Eight (8)
D. Nine (9)

3. MYOB Premier is an accounting system that will automatically record the accounting
double entries of a transaction behind the scenes. What are the steps to see the
accounting double entries before recording?

A. Go to Edit  Click Recap Transactions

B. Go to Accounts Command Centre  Click Accounts List
C. Go to Banking Command Centre  Click Transaction Journal
D. Go to Banking Command Centre  Click Bank Register

4. Bank Entry button at the Reconcile Accounts window is used to record

____________.

i. Discount Given
ii. Interest Earned
iii. Freight Paid
iv. Service Charges

A. i and ii
B. i and iii
C. ii and iii
D. ii and iv

5. Which of the following tab will NOT be found in the Purchases Register?

A. Quotes
B. Orders
C. Open Bills
D. Returns and Credits
(Total: 5 marks)

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PART B

This part consists of 5 TRUE/FALSE questions. State (T) if the answer is true and (F)
is the answer is false in the answer booklet.

1. MYOB Premier uses weighted average costing method for valuing inventory.

2. When an invoice from a supplier is fully paid, it will be listed under the Closed
Invoices tab.

3. Banking Command Centre can be used to record cheques received from debtors.

4. Header account is used for accounts grouping purposes and it carries the total or
sub-total accounts under its group.

5. Select the option “I Buy This Item” to include a transport charge in your Sales
Invoice.

(Total: 5 marks)

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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 generate the above report.

(4 marks)

b. Identify THREE (3) information that can be modified in an existing account code.
(3 marks)

c. Aimi has created a petty cash account for the business. However, she could not
select petty cash account when using Banking Command Centre to record a
payment.

i. Explain a possible reason for this problem.

(1 mark)

ii. Suggest how to rectify the problem.

(2 marks)
(Total: 10 marks)

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QUESTION 2

The questions below are based on Figure 2.

Figure 2

Required:

a. Determine the steps to record the transaction in Figure 2.

(4 marks)

b. The depreciation for motor vehicle for August 2018 should be RM1,500.00 instead of
RM1,000. Determine the steps to correct the mistake.
(3 marks)

c. Recommend THREE (3) other transactions that can be recorded in Record Journal
Entry function.
(3 marks)
(Total: 10 marks)

QUESTION 3

On 2 October 2018, Saujana Trading issued a Purchase Order to H&L Electronics for 10
units of personal computer (Item No: PC01) at RM1,200 each for resale purposes.

Required:

a. Determine the steps to record the Purchase Order for the above transaction.
(4 marks)

b. On 5 October 2018, all the personal computers ordered has arrived and the Supplier
bill was received. Identify the journal entries for this transaction.
(3 marks)

c. Describe TWO (2) options to settle Credit Note in the Purchases Command Centre.
(3 marks)
(Total: 10 marks)
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PART D – SHORT ESSAY

Answer ALL questions.

QUESTION 1

a. Differentiate between the roles of the accountants as system users and system
designers in an Accounting Information System.
(4 marks)

b. The accounting records used in computer-based systems are represented by four

types of magnetic files. Explain briefly, with an example, any THREE (3) of the
magnetic files.
(6 marks)
(Total: 10 marks)

END OF QUESTION PAPER

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