// Numbas version: exam_results_page_options {"name": "PRAC Mini Test 1 Accounting", "metadata": {"description": "
This is a practice Mini Test 1 for Accounting
", "licence": "All rights reserved"}, "duration": 3600, "percentPass": "50", "showQuestionGroupNames": false, "shuffleQuestionGroups": false, "showstudentname": true, "question_groups": [{"name": "Group", "pickingStrategy": "all-ordered", "pickQuestions": 1, "questionNames": ["", "", "", "", "", "", "", "", "", "", "", "", "", "", ""], "variable_overrides": [[], [], [], [], [], [], [], [], [], [], [], [], [], [], []], "questions": [{"name": "Prac Q1 Acc MT1", "extensions": [], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Yvonne Wancke", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/3703/"}], "tags": [], "metadata": {"description": "", "licence": "All rights reserved"}, "statement": "Match the key words and definitions
", "advice": "", "rulesets": {}, "builtin_constants": {"e": true, "pi,\u03c0": true, "i": true}, "constants": [], "variables": {}, "variablesTest": {"condition": "", "maxRuns": 100}, "ungrouped_variables": [], "variable_groups": [], "functions": {}, "preamble": {"js": "", "css": ""}, "parts": [{"type": "m_n_x", "useCustomName": false, "customName": "", "marks": 0, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "minMarks": 0, "maxMarks": "5", "minAnswers": 0, "maxAnswers": 0, "shuffleChoices": true, "shuffleAnswers": false, "displayType": "checkbox", "warningType": "none", "showCellAnswerState": true, "markingMethod": "sum ticked cells", "choices": ["Current liabilies", "Gross profit", "Stakeholder", "Assets", "Expenses"], "matrix": [["1", "0", 0, 0, 0], [0, "1", "0", 0, 0], [0, 0, "1", "0", 0], [0, "1", 0, "1", "0"], ["0", 0, 0, 0, "1"]], "layout": {"type": "all", "expression": ""}, "answers": ["What the business owes i the near future", "Revenue less cost of sales ", "Any person or party – internal or external – who has an interest in an organisation, financially or non-financially.
", "What the business owns", "The day to day costs incurred in running a business"]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always"}, {"name": "Prac Q2 Acc MT1", "extensions": [], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Yvonne Wancke", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/3703/"}], "tags": [], "metadata": {"description": "", "licence": "All rights reserved"}, "statement": "Which of the following are examples of expenses?
", "advice": "", "rulesets": {}, "builtin_constants": {"e": true, "pi,\u03c0": true, "i": true}, "constants": [], "variables": {}, "variablesTest": {"condition": "", "maxRuns": 100}, "ungrouped_variables": [], "variable_groups": [], "functions": {}, "preamble": {"js": "", "css": ""}, "parts": [{"type": "m_n_2", "useCustomName": false, "customName": "", "marks": 0, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": true, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "minMarks": 0, "maxMarks": 0, "shuffleChoices": true, "displayType": "checkbox", "displayColumns": 0, "minAnswers": 0, "maxAnswers": "3", "warningType": "none", "showCellAnswerState": false, "markingMethod": "sum ticked cells", "choices": ["a water bill", "wages", "electricity", "large machinery", "premises owned"], "matrix": ["1", "1", "1", "0", "0"], "distractors": ["", "", "", "", ""]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always"}, {"name": "Prac Q3 Acc MT2", "extensions": [], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Yvonne Wancke", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/3703/"}], "tags": [], "metadata": {"description": "", "licence": "All rights reserved"}, "statement": "Which of the following are examples of liabilities?
", "advice": "", "rulesets": {}, "builtin_constants": {"e": true, "pi,\u03c0": true, "i": true}, "constants": [], "variables": {}, "variablesTest": {"condition": "", "maxRuns": 100}, "ungrouped_variables": [], "variable_groups": [], "functions": {}, "preamble": {"js": "", "css": ""}, "parts": [{"type": "m_n_2", "useCustomName": false, "customName": "", "marks": 0, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": true, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "minMarks": 0, "maxMarks": 0, "shuffleChoices": true, "displayType": "checkbox", "displayColumns": 0, "minAnswers": 0, "maxAnswers": "2", "warningType": "none", "showCellAnswerState": false, "markingMethod": "sum ticked cells", "choices": ["payment due to suppliers", "creditors", "debtors", "an office building"], "matrix": ["1", "1", "0", "0"], "distractors": ["", "", "", ""]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always"}, {"name": "Prac Q4 Acc MT1", "extensions": [], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Yvonne Wancke", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/3703/"}], "tags": [], "metadata": {"description": "", "licence": "All rights reserved"}, "statement": "Why does a business need accounting information?
", "advice": "", "rulesets": {}, "variables": {}, "variablesTest": {"condition": "", "maxRuns": 100}, "ungrouped_variables": [], "variable_groups": [], "functions": {}, "preamble": {"js": "", "css": ""}, "parts": [{"type": "1_n_2", "useCustomName": false, "customName": "", "marks": 0, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "minMarks": 0, "maxMarks": 0, "shuffleChoices": false, "displayType": "radiogroup", "displayColumns": 0, "showCellAnswerState": true, "choices": ["to make informed decisions on spending and profit", "to plan employment policy so as to atttract the best staff", "to understand more about how the business impacts on the environment", "to learn about the skills of the employees"], "matrix": ["1", "0", 0, "0"], "distractors": ["", "", "", ""]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always"}, {"name": "Prac 5 Q5 Acc MT 1", "extensions": [], "custom_part_types": [{"source": {"pk": 1, "author": {"name": "Christian Lawson-Perfect", "pk": 7}, "edit_page": "/part_type/1/edit"}, "name": "Yes/no", "short_name": "yes-no", "description": "The student is shown two radio choices: \"Yes\" and \"No\". One of them is correct.
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", "help_url": "", "input_widget": "radios", "input_options": {"correctAnswer": "if(eval(settings[\"correct_answer_expr\"]), 0, 1)", "hint": {"static": true, "value": ""}, "choices": {"static": true, "value": ["Yes", "No"]}}, "can_be_gap": true, "can_be_step": true, "marking_script": "mark:\nif(studentanswer=correct_answer,\n correct(),\n incorrect()\n)\n\ninterpreted_answer:\nstudentAnswer=0\n\ncorrect_answer:\nif(eval(settings[\"correct_answer_expr\"]),0,1)", "marking_notes": [{"name": "mark", "description": "This is the main marking note. It should award credit and provide feedback based on the student's answer.", "definition": "if(studentanswer=correct_answer,\n correct(),\n incorrect()\n)"}, {"name": "interpreted_answer", "description": "A value representing the student's answer to this part.", "definition": "studentAnswer=0"}, {"name": "correct_answer", "description": "", "definition": "if(eval(settings[\"correct_answer_expr\"]),0,1)"}], "settings": [{"name": "correct_answer_expr", "label": "Is the answer \"Yes\"?", "help_url": "", "hint": "An expression which evaluates totrue
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", "advice": "", "rulesets": {}, "builtin_constants": {"e": true, "pi,\u03c0": true, "i": true}, "constants": [], "variables": {}, "variablesTest": {"condition": "", "maxRuns": 100}, "ungrouped_variables": [], "variable_groups": [], "functions": {}, "preamble": {"js": "", "css": ""}, "parts": [{"type": "yes-no", "useCustomName": false, "customName": "", "marks": "2", "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "settings": {"correct_answer_expr": "false"}}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always"}, {"name": "Prac Q7 Acc MT1 table gap fill working", "extensions": [], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Yvonne Wancke", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/3703/"}], "tags": [], "metadata": {"description": "", "licence": "All rights reserved"}, "statement": "Use the following information from a business bank account to complete the cash flow statement below
\n1 June | \nCapital | \n{incap} | \n2 June | \nVan | \n{outcap} | \n
7 June | \nMarshall | \n{cust1} | \n2 June | \nMaterials | \n{outtrad1} | \n
7 June | \nFreeman | \n{cust2} | \n4 June | \nGas | \n{outtrad2} | \n
\n | \n | \n | 4 June | \nWages | \n{outtrad3} | \n
\n | \n | \n | 7 June | \nRent | \n{outtrad4} | \n
Lovelybubby Juice Company | \n\n | \n |
Cash flow statement | \n\n | \n |
Opening cash balance | \n\n | \n |
Add inflows | \n\n | \n |
Capital | \n[[0]] | \n\n |
Trading | \n[[1]] | \n[[3]] | \n
Less outflows | \n\n | \n |
Capital | \n[[2]] | \n\n |
Trading | \n[[4]] | \n[[5]] | \n
Closing cash balance | \n\n | [[6]] | \n
The student is shown two radio choices: \"Yes\" and \"No\". One of them is correct.
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", "templateType": "anything", "can_override": false}, "ee": {"name": "ee", "group": "Ungrouped variables", "definition": "random(5000..9000)", "description": "", "templateType": "anything", "can_override": false}, "f": {"name": "f", "group": "Ungrouped variables", "definition": "random(10000..15000)", "description": "", "templateType": "anything", "can_override": false}, "g": {"name": "g", "group": "Ungrouped variables", "definition": "f-ee", "description": "", "templateType": "anything", "can_override": false}}, "variablesTest": {"condition": "", "maxRuns": 100}, "ungrouped_variables": ["a", "b", "c", "d", "ee", "f", "g"], "variable_groups": [], "functions": {}, "preamble": {"js": "", "css": ""}, "parts": [{"type": "gapfill", "useCustomName": false, "customName": "", "marks": 0, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": true, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "prompt": "Assets = liabiliities
\n[[0]]=[[1]]
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\n[[0]]=[[1]]+[[2]]
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\n[[0]] = [[1]] +[[2]] +[[3]]
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\n[[0]] + [[1]] = [[2]] + [[3]] + [[4]]
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", "advice": "", "rulesets": {}, "builtin_constants": {"e": true, "pi,\u03c0": true, "i": true}, "constants": [], "variables": {}, "variablesTest": {"condition": "", "maxRuns": 100}, "ungrouped_variables": [], "variable_groups": [], "functions": {}, "preamble": {"js": "", "css": ""}, "parts": [{"type": "yes-no", "useCustomName": false, "customName": "", "marks": "2", "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "settings": {"correct_answer_expr": "false"}}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always"}, {"name": "Prac Q11 Acc MT1", "extensions": [], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Yvonne Wancke", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/3703/"}], "tags": [], "metadata": {"description": "", "licence": "All rights reserved"}, "statement": "A business, Biscuits Now, sells biscuits and cakes to shops and private customers. Complete the income statement from the information given.
\ndebtors | \n{debtors} | \n
wages | \n{wages} | \n
cost of goods sold | \n{goods} | \n
office building owned | \n{office} | \n
van rental | \n{van} | \n
financing costs | \n{fin} | \n
rent | \n{rent} | \n
tax | \n{tax} | \n
sales | \n{sales} | \n
Income statment | \n\n | \n |
\n | £ | \n£ | \n
Revenue | \n\n | [[0]] | \n
Less cost of goods sold | \n[[1]] | \n\n |
Gross profit | \n\n | [[2]] | \n
Less overheads/expenses | \n\n | \n |
wages | \n[[3]] | \n\n |
van rental | \n[[4]] | \n\n |
rent | \n[[5]] | \n\n |
Net profit | \n\n | [[6]] | \n
Financing costs | \n[[7]] | \n\n |
Profit before tax | \n\n | [[8]] | \n
Tax | \n[[9]] | \n\n |
Profit after tax | \n\n | [[10]] | \n
Match the following terms with their definition
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\n\n | £ | \n\n | £ | \n
creditors | \n{cred} | \nloan on building | \n{loan} | \n
share capital | \n{share} | \n\n | \n |
car | \n{car} | \ncash at bank | \n{cash} | \n
office building | \n{office} | \ndebtors | \n{debtors} | \n
stock | \n{stock} | \noverdraft | \n{over} | \n
Fixed assets | \n\n | \n |
Office building | \n[[0]] | \n\n |
Car | \n[[1]] | \n[[2]] | \n
Current assets | \n\n | \n |
Stock | \n[[3]] | \n\n |
Debtors | \n[[4]] | \n\n |
Cash at bank | \n[[5]] | \n\n |
\n | [[6]] | \n\n |
Current liabilities | \n\n | \n |
Creditors | \n[[7]] | \n\n |
Overdraft | \n[[8]] | \n\n |
\n | [[9]] | \n\n |
Net current assets | \n\n | [[10]] | \n
Long term liability | \n[[11]] | \n\n |
Net assets | \n\n | [[12]] | \n
Share capital | \n\n | [[13]] | \n
Retained profits | \n\n | [[14]] | \n
The student is shown two radio choices: \"Yes\" and \"No\". One of them is correct.
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\nMoney comes out of the [[0]] account and into the [[1]]account
", "gaps": [{"type": "patternmatch", "useCustomName": false, "customName": "", "marks": 1, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": true, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "answer": "bank", "displayAnswer": "", "matchMode": "regex"}, {"type": "patternmatch", "useCustomName": false, "customName": "", "marks": 1, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": true, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "answer": "electricity", "displayAnswer": "", "matchMode": "regex"}], "sortAnswers": false}, {"type": "yes-no", "useCustomName": false, "customName": "", "marks": 1, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "prompt": "A business pays an electricity bill of £{a}
\nIs the entry written on the right hand side of the bank account?
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\nThis will show as
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\nThis is recorded as a [[0]] in the bank account and a [[1]] in the wages account.
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