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|This paper must be returned. | FAMILY NAME............................................................. |
|Candidates are not permitted to |FIRST NAME................................................................. |
|remove any part of it from the |STUDENT NO................................................................ |
|examination room. |SEAT NO..................................ROOM NO.................... |

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MOCK EXM
CLOSED BOOK EXAMINATION

Unit: ACCG340 Auditing and Assurance Services

Date: 2011/2012

Time allowed: 2 hours plus 10 minutes reading time

Total number of questions: SIX

Instructions: o All questions to be answered in the space provided. o Multiple Choice questions to be answered on the computer marking sheet provided. o All booklets must be returned. o Dictionaries may not be used. o Calculators may be used

|Q. |VALUE |MARK |
|1 |25 | |
|2 |20 | |
|3 |15 | |
|4 |15 | |
|5 |15 | |
|6 |10 | |
| | | |
|TOTAL |100 | |

QUESTION ONE (20 MARKS)

Bath Pumps Ltd is considering entering into a joint venture with Avon Spas Pty Ltd and has requested its auditors Oliver King and Co to:

Prepare a set of financial statements for Bath Pumps Ltd, drawn up in accordance with Australian statutory reporting requirements at 31 March 2000 (the company’s

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