// Numbas version: finer_feedback_settings {"name": "PRACTICE EXAM (Shorter)", "metadata": {"description": "

This practice exam shows you the style and format of the real exam.

\n

In this practice exam there are only 6 questions. The real exam will have 15-20 questions.

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Use the following information to complete the balance sheet below.

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
$$
creditors{cred}loan on building{loan}
share capital{share}debtors{debtors}
car{car}cash at bank{cash}
office building{office}overdraft{over}
stock{stock}
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Fixed assets
Office building[[0]]
Car[[1]][[2]]
Current assets
Stock[[3]]
Debtors[[4]]
Cash at bank[[5]]
[[6]]
Current liabilities
Creditors[[7]]
Overdraft[[8]]
[[9]]
Net current assets[[10]]
Long term liability[[11]]
Net assets[[12]]
Share capital[[13]]
Retained profits[[14]]
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"must_go_first": false}, {"variable": "loan", "part": "p0g11", "must_go_first": false}], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "minValue": "NA", "maxValue": "NA", "correctAnswerFraction": false, "allowFractions": false, "mustBeReduced": false, "mustBeReducedPC": 0, "displayAnswer": "", "showFractionHint": true, "notationStyles": ["plain", "en", "si-en"], "correctAnswerStyle": "plain"}, {"type": "numberentry", "useCustomName": false, "customName": "", "marks": 1, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "minValue": "share", "maxValue": "share", "correctAnswerFraction": false, "allowFractions": false, "mustBeReduced": false, "mustBeReducedPC": 0, "displayAnswer": "", "showFractionHint": true, "notationStyles": ["plain", "en", "si-en"], "correctAnswerStyle": "plain"}, {"type": "numberentry", "useCustomName": false, "customName": "", "marks": 1, "scripts": {}, "customMarkingAlgorithm": "", "extendBaseMarkingAlgorithm": true, "unitTests": [], "showCorrectAnswer": false, "showFeedbackIcon": true, "variableReplacements": [{"variable": "NA", "part": "p0g12", "must_go_first": false}, {"variable": "share", "part": "p0g13", "must_go_first": false}], "variableReplacementStrategy": "originalfirst", "nextParts": [], "suggestGoingBack": false, "adaptiveMarkingPenalty": 0, "exploreObjective": null, "minValue": "RP", "maxValue": "RP", "correctAnswerFraction": false, "allowFractions": false, "mustBeReduced": false, "mustBeReducedPC": 0, "displayAnswer": "", "showFractionHint": true, "notationStyles": ["plain", "en", "si-en"], "correctAnswerStyle": "plain"}], "sortAnswers": false}], "partsMode": "all", "maxMarks": 0, "objectives": [], "penalties": [], "objectiveVisibility": "always", "penaltyVisibility": "always", "type": "question"}, {"name": "Graphs 1 EXAM PRAC", "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": "

Meredith has some data on profits per month for a local business. They want to plot this on a graph. Answer the questions below to help them.

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Which is the best type of graph to choose

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The graph should always be as small as possible on the paper?

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They should add a label to each axis?

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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": "

Here are some marks in a Business exam.

\n

{data}

", "advice": "

You should use the function on your calculator to find the standard deviation

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Calculate the standard deviation

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The student is shown two radio choices: \"Yes\" and \"No\". One of them is correct.

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An overdraft is an asset?

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Which of the following might you see on an income statement?

\n

Select 3 choices

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The student is shown two radio choices: \"Yes\" and \"No\". One of them is correct.

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