ACCT 5906 - Financial Literacy for Business Decisions
Term 1, 2022

Final Exam Outline and Details

Time and Location: As advised on the UNSW Examination Timetable. There will be
2 hours and ten minutes to complete the exam.

The exam will be open book. You will not be provided with a calculator in the exam.

Exam Format: There are 5 (five) questions, of unequal value.

Question 1 requires an understanding of how transactions impact on financial
statements and how they are calculated. The question is based on material from Weeks
1-4. Question 1 is worth 22 marks.

Question 2 requires a basic understanding of financial statement (ratio) analysis and
how transactions impact on financial statements. It is not testing your ability to
memorise ratios. You will be provided with a list of common ratios (see the example at
the end of this document). The question is based on material from Week 5. Question 2
is worth 15 marks.

Question 3 tests your understanding of the cost of capital and investment decision-
making. The question is based on the material from week 9. The question is worth 20
marks.

Question 4 considers material from week 6 and week 7 and requires an understanding
of fundamental Management Accounting techniques. Question 4 is worth 21 marks.

Question 5 is about the use of the Balanced Scorecard and alternative measures of
performance, and therefore refers to the material covered in week 5 and week 8.
Question 5 is worth 22 marks.