// Numbas version: finer_feedback_settings {"name": "Accounting INU0106 Exam 2022-23", "metadata": {"description": "
Final exam for INU0106 Accounting
", "licence": "All rights reserved"}, "duration": 5400, "percentPass": "50", "showQuestionGroupNames": false, "shuffleQuestionGroups": false, "showstudentname": true, "question_groups": [{"name": "Group", "pickingStrategy": "all-shuffled", "pickQuestions": 1, "questionNames": ["", "", "", "", "", "", "", "", "", "", "", "", "", "", ""], "variable_overrides": [[], [], [], [], [], [], [], [], [], [], [], [], [], [], []], "questions": [{"name": "Acc principles match EXAM", "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 following terms with their definition
", "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": "4", "minAnswers": 0, "maxAnswers": 0, "shuffleChoices": false, "shuffleAnswers": true, "displayType": "radiogroup", "warningType": "none", "showCellAnswerState": true, "markingMethod": "sum ticked cells", "choices": ["going concern", "entity", "periodicity", "money measurment"], "matrix": [["1", 0, 0, 0], [0, "1", 0, 0], [0, 0, "1", 0], [0, 0, 0, "1"]], "layout": {"type": "all", "expression": ""}, "answers": ["when a business is expected to trade for the foreseeable future", "a business and an owner are treated separately", "Accounts are recorded over a time period", "only items of financial worth are recorded"]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always", "type": "question"}, {"name": "Asset true false EXAM", "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.
", "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
or false
.", "input_type": "mathematical_expression", "default_value": "true", "subvars": false}], "public_availability": "always", "published": true, "extensions": []}], "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 bank loan is an asset?
", "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": "1", "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", "type": "question"}, {"name": "Assets EXAM", "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 assets?
", "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": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "minMarks": 0, "maxMarks": "3", "shuffleChoices": true, "displayType": "checkbox", "displayColumns": 0, "minAnswers": 0, "maxAnswers": "3", "warningType": "none", "showCellAnswerState": false, "markingMethod": "sum ticked cells", "choices": ["wages", "rent", "van", "large machinery", "premises owned"], "matrix": ["-0.5", "-0.5", "1", "1", "1"], "distractors": ["", "", "", "", ""]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always", "type": "question"}, {"name": "Averages (frequency table) EXAM", "extensions": [], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Julie Crowley", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/113/"}, {"name": "Yvonne Wancke", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/3703/"}], "tags": [], "metadata": {"description": "rebelmaths
", "licence": "Creative Commons Attribution 4.0 International"}, "statement": "Calculate the mean, the median and the mode of the data from the following frequency table below:
\nClass | \n0 | \n1 | \n2 | \n3 | \n4 | \n5 | \n
Frequency | \n{f1} | \n{f2} | \n{f3} | \n{f4} | \n{f5} | \n{f6} | \n
See \"show steps\" within this question for more help.
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", "answer": "{mn}", "showPreview": false, "checkingType": "dp", "checkingAccuracy": "2", "failureRate": 1, "vsetRangePoints": 5, "vsetRange": [0, 1], "checkVariableNames": false, "singleLetterVariables": false, "allowUnknownFunctions": true, "implicitFunctionComposition": false, "caseSensitive": false, "valuegenerators": []}, {"type": "numberentry", "useCustomName": false, "customName": "", "marks": "3", "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "prompt": "What is the median value?
", "minValue": "{median}", "maxValue": "{median}", "correctAnswerFraction": false, "allowFractions": false, "mustBeReduced": false, "mustBeReducedPC": 0, "displayAnswer": "", "showFractionHint": true, "notationStyles": ["plain", "en", "si-en"], "correctAnswerStyle": "plain"}, {"type": "numberentry", "useCustomName": false, "customName": "", "marks": "3", "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "prompt": "What is the mode? (If there is no mode, enter \"0\".)
", "minValue": "1", "maxValue": "1", "correctAnswerFraction": false, "allowFractions": false, "mustBeReduced": false, "mustBeReducedPC": 0, "displayAnswer": "", "showFractionHint": true, "notationStyles": ["plain", "en", "si-en"], "correctAnswerStyle": "plain"}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always", "type": "question"}, {"name": "Balance Sheet EXAM", "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 to complete the balance sheet below.
\n\n | $ | \n\n | $ | \n
creditors | \n{cred} | \nloan on building | \n{loan} | \n
share capital | \n{share} | \ndebtors | \n{debtors} | \n
car | \n{car} | \ncash at bank | \n{cash} | \n
office building | \n{office} | \noverdraft | \n{over} | \n
stock | \n{stock} | \n\n | \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
Use the following information from Lighting Solutions Company's bank account to complete the cash flow statement below
\n1 June | \nCapital | \n{incap} | \n2 June | \nVan | \n{outcap} | \n
7 June | \nSmith | \n{cust1} | \n2 June | \nMaterials | \n{outtrad1} | \n
7 June | \nJones | \n{cust2} | \n4 June | \nWages | \n{outtrad2} | \n
\n | \n | \n | 4 June | \nElectricity | \n{outtrad3} | \n
\n | \n | \n | 7 June | \nRent | \n{outtrad4} | \n
Lighting Solutions 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
Johanna wants to plot a cumulative frequency graph. Answer the questions below to help her.
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", "minMarks": 0, "maxMarks": 0, "shuffleChoices": true, "displayType": "dropdownlist", "displayColumns": 0, "showCellAnswerState": false, "choices": ["the cumulative frequency", "the upper value of the groups from the table", "the frequency", "the mid-points"], "matrix": ["2", 0, 0, 0], "distractors": ["", "", "", ""]}, {"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, "prompt": "What is the inter-quartile range?
", "minMarks": 0, "maxMarks": 0, "shuffleChoices": false, "displayType": "radiogroup", "displayColumns": 0, "showCellAnswerState": true, "choices": ["the same as the median", "the lower quartile", "the difference between the quartiles", "the same as the range"], "matrix": [0, 0, "2", 0], "distractors": ["", "", "", ""]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always", "type": "question"}, {"name": "Expenses EXAM", "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": false, "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": ["wages", "rent", "electricity", "large machinery", "premises owned"], "matrix": ["1", "1", "1", "-0.5", "-0.5"], "distractors": ["", "", "", "", ""]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always", "type": "question"}, {"name": "Income statement EXAM", "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": "Here is some financial information for a small business. Use the information to complete the income statement
\n\n\n | £ | \n
creditor | \n{creditor} | \n
sales | \n{sales} | \n
goods purchased for sale | \n{goods} | \n
office building owned | \n{office} | \n
wages | \n{wages} | \n
van rental and running expenses | \n{van} | \n
rent | \n{rent} | \n
debtors | \n{debtors} | \n
financing costs | \n{fin} | \n
tax | \n{tax} | \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
Which of the following are examples of liabilities?
\nSelect 2 choices
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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": "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": ["Fixed assets", "Net profit", "Stakeholder", "Liabilities", "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": ["Assets which are used to run the business long term", "Revenue less cost of sales less expenses", "Any person or party – internal or external – who has an interest in an organisation, financially or non-financially.
", "Amounts of money owed by the business", "The day to day costs incurred in running a business"]}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always", "type": "question"}, {"name": "Standard deviation list of numbers EXAM", "extensions": ["stats"], "custom_part_types": [], "resources": [], "navigation": {"allowregen": true, "showfrontpage": false, "preventleave": false, "typeendtoleave": false}, "contributors": [{"name": "Christian Lawson-Perfect", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/7/"}, {"name": "Yvonne Wancke", "profile_url": "https://numbas.mathcentre.ac.uk/accounts/profile/3703/"}], "tags": [], "metadata": {"description": "Just showing how to use the stdev function from the stats extension to calculate the standard deviation of a list of numbers.
", "licence": "Creative Commons Attribution 4.0 International"}, "statement": "The data below shows the number of marks for a class of students in an Accounting exam.
\n{data}
", "advice": "You should use the function on your calculator to find the standard deviation
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