Department of Management Accounting
MANAGEMENT ACCOUNTING III
(FINANCE)
MAC3761
QUESTION BANK 2 of 2
Define tomorrow.
1
, MAC3761/QB002
© 2021 University of South Africa
All rights reserved
Printed and published by the University of South Africa
Muckleneuk, Pretoria
MAC3761/QB002/FINANCE/0/2021-2021
Compilers:
S Büchner
T de Bruyn
B Huma
N Masela
M Nameng
2
, MAC3761/QB002
INTRODUCTION
Dear Student,
Attached please find practice questions with their suggested solutions. We suggest that you
do work through these questions as if under exam conditions, making use of the allocated
marks and time as guidelines. Only once you have completed the integrated questions, you
should compare your answer to the suggested solutions. Your answers to these practice
questions must not be submitted to Unisa, it is purely for self-assessment purposes.
These integrated questions will indicate to you the standard required of you in the exam and
will help you to identify areas of weaknesses that you must pay attention to. Please note that
the questions in the exam will never look exactly the same as any other question, however,
the principles always stay the same.
Please refer to additional practice questions and the question bank posted on myUnisa under
“Additional resources” for more practice questions. Below we have also provided frequently
asked questions (FAQs), especially concerning the exam.
3
, MAC3761/QB002
FREQUENTLY ASKED QUESTIONS
1. Can I expect to see identical examination questions as included in previous exam papers or
other questions included in the assignment questions or in other tutorial letters?
No. You will not get questions that you have seen before, although the exam paper will test the
same principles as the questions included in past papers, practice case studies, assignment
questions and the study guide. The principles will be tested on a level that is acceptable for
third year students. Please work through all the examples and questions referenced in the
tutorial letters, assignment questions and the solutions, case studies, additional practice
questions and the question bank (all available on myUnisa). Once working through all these
different examples you will get an understanding of the different methods as to how the
principles can be tested.
2. Which topics are examinable?
All topics are examinable and you should refer to your tutorial letters as well as the MAC3761
Financial Management 8th Edition Study Outline file (under Additional Resources/Managerial
Finance 8th Edition FAQ and Explanation) which highlight key areas to focus on and sections
that are excluded from the MAC3761 - Finance syllabus. You are encouraged to attempt all the
assignments on your own and well in advance to prepare you for the examination.
3. Do I only need to focus on the information included in the MAC3761 - Finance tutorial letters or
do I also need to have knowledge of MAC2602?
In your tutorial letters of MAC3761 – Finance, we refer to assumed prior knowledge and we
refer you to the study guide of MAC2602. If you have not done this specific module (MAC2602)
but an equivalent one, please make sure that you make use of the study material available on
the website relating to MAC2602.
4. Will I receive a formula sheet or do I need to know my formulas?
Only certain formulas may be provided to you should they be tested in the exam.
These formulas include the following:
1. Formulas to calculate the beta coefficient
2. Covariance and standard deviation
3. Portfolio variance based on the correlation coefficient
4. Correlation coefficient
NB. You still need to know all other formulas by heart.
5. What is the examination format of the tests and year end examination for MAC3761?
The MAC3761 examination and test papers will be out of 100 marks (3-hour duration),
consisting of two questions, covering both Costing and Finance. The split between the two
components may not necessarily be 50%/50%, and you are encouraged to always well prepare
for both syllabi. You should also expect the integration of both Costing and Finance topics in a
question.
4
MANAGEMENT ACCOUNTING III
(FINANCE)
MAC3761
QUESTION BANK 2 of 2
Define tomorrow.
1
, MAC3761/QB002
© 2021 University of South Africa
All rights reserved
Printed and published by the University of South Africa
Muckleneuk, Pretoria
MAC3761/QB002/FINANCE/0/2021-2021
Compilers:
S Büchner
T de Bruyn
B Huma
N Masela
M Nameng
2
, MAC3761/QB002
INTRODUCTION
Dear Student,
Attached please find practice questions with their suggested solutions. We suggest that you
do work through these questions as if under exam conditions, making use of the allocated
marks and time as guidelines. Only once you have completed the integrated questions, you
should compare your answer to the suggested solutions. Your answers to these practice
questions must not be submitted to Unisa, it is purely for self-assessment purposes.
These integrated questions will indicate to you the standard required of you in the exam and
will help you to identify areas of weaknesses that you must pay attention to. Please note that
the questions in the exam will never look exactly the same as any other question, however,
the principles always stay the same.
Please refer to additional practice questions and the question bank posted on myUnisa under
“Additional resources” for more practice questions. Below we have also provided frequently
asked questions (FAQs), especially concerning the exam.
3
, MAC3761/QB002
FREQUENTLY ASKED QUESTIONS
1. Can I expect to see identical examination questions as included in previous exam papers or
other questions included in the assignment questions or in other tutorial letters?
No. You will not get questions that you have seen before, although the exam paper will test the
same principles as the questions included in past papers, practice case studies, assignment
questions and the study guide. The principles will be tested on a level that is acceptable for
third year students. Please work through all the examples and questions referenced in the
tutorial letters, assignment questions and the solutions, case studies, additional practice
questions and the question bank (all available on myUnisa). Once working through all these
different examples you will get an understanding of the different methods as to how the
principles can be tested.
2. Which topics are examinable?
All topics are examinable and you should refer to your tutorial letters as well as the MAC3761
Financial Management 8th Edition Study Outline file (under Additional Resources/Managerial
Finance 8th Edition FAQ and Explanation) which highlight key areas to focus on and sections
that are excluded from the MAC3761 - Finance syllabus. You are encouraged to attempt all the
assignments on your own and well in advance to prepare you for the examination.
3. Do I only need to focus on the information included in the MAC3761 - Finance tutorial letters or
do I also need to have knowledge of MAC2602?
In your tutorial letters of MAC3761 – Finance, we refer to assumed prior knowledge and we
refer you to the study guide of MAC2602. If you have not done this specific module (MAC2602)
but an equivalent one, please make sure that you make use of the study material available on
the website relating to MAC2602.
4. Will I receive a formula sheet or do I need to know my formulas?
Only certain formulas may be provided to you should they be tested in the exam.
These formulas include the following:
1. Formulas to calculate the beta coefficient
2. Covariance and standard deviation
3. Portfolio variance based on the correlation coefficient
4. Correlation coefficient
NB. You still need to know all other formulas by heart.
5. What is the examination format of the tests and year end examination for MAC3761?
The MAC3761 examination and test papers will be out of 100 marks (3-hour duration),
consisting of two questions, covering both Costing and Finance. The split between the two
components may not necessarily be 50%/50%, and you are encouraged to always well prepare
for both syllabi. You should also expect the integration of both Costing and Finance topics in a
question.
4
