Computerised Financial Systems N5 — Document

June 2019 — N5 — Computerised Financial Systems

N5 2019 Nated Business
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📋 Document Analysis

🎯 2 marks ⏱️ 3h 📄 6 pages 📝 52 items found 📚 3 topics 🔑 1 key info
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Questions — A Preview of What to Expect in the Document

52
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21.67TAX TAX METHOD Average TAX OFFICE Sandton NATURE OF PERSON Normal employee with ID TYPE OF EMPLOYMENT
1.1PAYROLL INSTRUCTIONS Before answering the question paper, the following ins tructions should be carried out: The Company Mickey Mouse wa s created. Open the company Mickey
1.3apture the leave balances TYPE OF LEAVE MR E PETERS MRS M MOUSE MRS V SHREK ANNUAL
1.4apture the occupation of the three employees MR E PETERS MRS M MOUSE MRS
1.5rans action codes you use to process payslips INCOME TRANSACTIONS rint on payslip must be on for all income transactions
1.6rocess the transactions for March and A pril. MARCH FIRST FORTNIGHT TRANSACTIONS MR PETERS MRS MOUSE MRS SHREK HOURS WORKED
1.7INSTRUCTIONS THE FOLLOWING PRINTOUTS MUST BE HANDED IN Print the payslips for: MARCH: FIRST FORTNIGHT Mr Peters Mrs Mouse Mrs Shrek
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2.1Use the given information to calculate the NET PROFIT (10\
2.2Do the RECONCILIATION OF THE PROFIT WITH THE CASH RECEIVED (9\
2.3Do the NOTE (calculation\to the Cash Flow Statement for CASH RECEIVED FROM CLIENTS (4\
2.4Do the note for CASH PAID TO SUPPLIERS. (4\
2.5Enhance the work by drawing horizontal and vertical lines. (1\
2.6Use applicable formulae to do the necessary calculations in the notes.
2.7Show ALL amounts with two decimals. (1\ 2. Make a PRIN TOUT of the calculations of the Net rofit and the THREE notes
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3.1Use the given information to complete the Manufacturing Income Sta tement, clearly indicating the following:
3.1.1Cost of raw materials used (6\
3.1.2Primary cost (2\
3.1.3Factory overheads (4\
3.1Total production cost (5\
3.1Net rofit (11\
3.2Enhance the quality of the work by drawing horizontal and vertical lines.
3.3Show ALL the amounts with no decimals. (1\
3.4Make a PRIN TOUT on ONE page portrait of the THREE notes required and hand in for marking. 3. Insert a FOOTER with the
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4.1Use the given information to create a stock card. You are required to use the AVERAGE COST METHOD. (25
4.2Calculate the total stock value on 30 March 2018.
4.3Use the examp le given to create the stock card exactly as the example given.
4.4Bold, italics and centre the main/title heading. (1\
4.5Enhance the work by drawing horizontal and vertical lines. (1\ (6030175\ 15 Copyright reserved Please turn over
4.6Display the Unit c olumns as integers (no decima ls\ and the Cost Price column as currency
4.7Display the Average Cost column as currency, in bold and TWO decimals. (1\
4.8Insert a header with the
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4.9PRINT the stock shee t on one page LANDSCAPE and hand in for marking. INVENTORY DATA FOR MARCH 2018 FOR PAYROLL TEXTBOOKS On 1 March 2018 there were 25 Payroll Guidelines @ R100 and on 30 March 2018 there were 15 Payroll Guidelines left.
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5.1Use the given information and enter it into a wage journal to calculate the net wage for the employees. Use the wage journal example below. (26\
5.2Bold, italics and centre the column headings and use font 14. (2\
5.3Display ALL amounts in currency with no decimals. (1\
5.4Enhance the work by drawing horizontal and vertical lines.
5.5Insert a header with the
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5.6Make a PRINTOUT of the wage journal on one page LANDSCAPE TOTAL: 200

Topics Identified

3
Forms of OwnershipBusiness FunctionsBusiness Plan

Mark Allocation

Total200 marks
Sections80 + 30 + 30 + 30 + 30 = 200 marks

Key Information

Contact Number0807016308 · 0330006408

Paper information

TitleDocument
SubjectComputerised Financial Systems
LevelN5
Document typeQuestion paper
Year2019
MonthJune
Pages16
Downloads3

Examination context

Decade2010s
Years ago7y
SeasonWinter (SH)
Start daySaturday
Exam periodJune 2019
Days since exam2,687

About Computerised Financial Systems examination preparation

This TVET examination resource can be used as part of a structured revision programme. Past papers are most useful when learners attempt questions independently, work within a realistic time limit, and review their answers afterwards.

How to use this resource for revision

A TVET past examination paper is most useful when it is treated as an active revision exercise. Try the questions yourself before checking the corresponding memorandum. Where you make an error, identify the reason — was it a knowledge gap, a calculation mistake, an interpretation issue, or an examination technique problem?

For stronger examination practice, complete the paper without unnecessary interruptions and keep track of the questions that take the most time. Afterwards, review the memorandum and separate knowledge gaps from mistakes caused by interpretation, calculation, structure, or examination technique.

understanding question requirements
applying subject knowledge
working under time constraints
checking answers
identifying revision priorities

A practical revision approach

Start by completing the resource without looking at the memorandum. Review incorrect and incomplete answers afterwards and make a short revision list based on the areas that caused difficulty.

File details

File size388.9 KB
Pages16
Archived on8 September 2026
File age45d
ContributorFreeMode
FingerprintE7F2943516D5

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