1.   | Quiz (15 Minutes) | 5% | - 1 - Describe the role of accounting information in the business environment.
- 2 - Demonstrate an understanding of the accounting cycle from initial business transaction to post closing trail balance.
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2.   | In-class exercises (equivilent to 1000 words) | 15% | - 1 - Describe the role of accounting information in the business environment.
- 2 - Demonstrate an understanding of the accounting cycle from initial business transaction to post closing trail balance.
- 3 - Prepare simple general purpose financial reports.
- 4 - Account for the allocation for partnership profits and losses, the admission and withdrawal of partners, the dissolution of the partnership and the preparation of partnership financial statements.
- 5 - Critically analyse and interpret financial statements to evaluate organisational performance.
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3.   | Mid Semester Test (1 Hour) | 15% | - 1 - Describe the role of accounting information in the business environment.
- 2 - Demonstrate an understanding of the accounting cycle from initial business transaction to post closing trail balance.
- 3 - Prepare simple general purpose financial reports.
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4.   | Group Assignment (1000-1500 Words) | 25% | - 1 - Describe the role of accounting information in the business environment.
- 2 - Demonstrate an understanding of the accounting cycle from initial business transaction to post closing trail balance.
- 3 - Prepare simple general purpose financial reports.
- 5 - Critically analyse and interpret financial statements to evaluate organisational performance.
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5.   | Final Exam (3 Hours) | 40% | - 1 - Describe the role of accounting information in the business environment.
- 2 - Demonstrate an understanding of the accounting cycle from initial business transaction to post closing trail balance.
- 3 - Prepare simple general purpose financial reports.
- 4 - Account for the allocation for partnership profits and losses, the admission and withdrawal of partners, the dissolution of the partnership and the preparation of partnership financial statements.
- 5 - Critically analyse and interpret financial statements to evaluate organisational performance.
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