HIGHER CERTIFICATE IN ACCOUNTING EXAMINATION GUIDELINES (JUNE 2015) Nature and Structure ECONOMICS 2 hours; Closed book; Total marks: 100 This question paper consists of six (6) questions Students are required to answer ALL questions. Special Attention: In addition to being familiar with the whole syllabus, students must focus on the following: FINANCIAL ACCOUNTING 2 hours; Closed book; Total marks: 100 All Aspects of the Production Possibility Frontier Demand and Supply Analysis Consumer Theory – knowing the different economic terms associated with Consumer theory Elasticity Costs and Production of the Firm – understanding well the short-run and long-run production function of the firm, its cost and revenue curves and distinguishing between economies and diseconomies of scale The Different Market Structures The Aggregate Demand and Aggregate Supply Curve This question paper consists of four (4) questions Students are required to answer ALL questions. BUSINESS MANAGEMENT This is a 2 hour closed book examination. Total marks: 100 The examination paper consists of four (4) questions. Students are required to answer ALL questions. Basic Accounting concepts The business organisation and its Double entry principle management. Collecting and processing The influence of management theory accounting data Business organisation and their Adjustments establishments Control accounts Business environment and its impact Inventory Functions of management Income Tax Managing Human Resources Monetary and Fiscal Policy Demand-pull and cost-push inflation Money – functions, supply and demand Macoreconomic objectives Types and Costs of unemployment Keynesian macroeconomics Supply-side economics The Phillips curve Students are advised to integrate their knowledge and see the links between the different sections in the study guide 1 HIGHER CERTIFICATE IN ACCOUNTING EXAMINATION GUIDELINES (JUNE 2015) BUSINESS INFORMATION SYSTEMS Nature and Structure This is a 2 hour closed book examination. Total marks: 100 The examination paper consists of four (4) questions. Students are required to answer ALL questions. Special Attention: In addition to being familiar with the whole syllabus, students must focus on the following: Introduction to Information Systems Information Technology in Management Computer Evolution Computer Hardware Computer Software Database Applications and Implications Networking and Telecommunication From the internet to the information super highway Students are advised to integrate their knowledge and see the links between the different sections in the study guide COMMERCIAL LAW 2 Hours; Closed Book; Total Marks: 100 The examination paper consists of four (4) questions. Students are required to answer ALL questions Students are advised to read the questions carefully before answering - Understand and define all the basic concepts of law - Know all the specific types of contracts, namely :  Law of Purchase and Sale  Law of Lease  Law of Commercial Agency  Law of Insurance  Law of Security  Law of Competition  Intellectual Property - Know the law regulating all business enterprises - Know employment law and alternative dispute resolution 2 FINANCIAL MANAGEMENT This is a 2 hour closed book examination. Total marks: 100 The examination paper consists of four (4) questions. Students are required to answer ALL questions. Important concepts Management of working capital Investment decision and investment appraisal Financing Decisions Financial Analysis Budgets and Forecasts Income tax in SA Students are advised to integrate their knowledge and see the link between the different sections in the study guide