Original unit assessment covering the skills listed below. This is not an official past paper or a complete qualification mock. Suggested time is a guide, not an exam-board requirement.
40 minutes · 40 marks
Name: ____________________ · Date: ____________
1. A business has assets of 3000 and liabilities of 700, all in the same currency. Calculate equity. (2 marks)
2. A business has assets of 2600 and liabilities of 2200, all in the same currency. Calculate equity. (2 marks)
3. A business has assets of 1900 and liabilities of 700, all in the same currency. Calculate equity. (2 marks)
4. A business has assets of 4500 and liabilities of 1600, all in the same currency. Calculate equity. (2 marks)
5. A business has assets of 4500 and liabilities of 1900, all in the same currency. Calculate equity. (2 marks)
WorksheetWise · Standard · 1097
Practice assessment · Accounting
Original unit assessment covering the skills listed below. This is not an official past paper or a complete qualification mock. Suggested time is a guide, not an exam-board requirement.
40 minutes · 40 marks
Name: ____________________ · Date: ____________
6. Sales revenue is 3000; cost of goods sold is 1650. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
7. Sales revenue is 1700; cost of goods sold is 1445. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
8. Sales revenue is 1600; cost of goods sold is 1200. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
9. Sales revenue is 600; cost of goods sold is 330. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
10. Sales revenue is 1900; cost of goods sold is 1520. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
WorksheetWise · Standard · 1097
Practice assessment · Accounting
Original unit assessment covering the skills listed below. This is not an official past paper or a complete qualification mock. Suggested time is a guide, not an exam-board requirement.
40 minutes · 40 marks
Name: ____________________ · Date: ____________
11. An asset costs 8150, has residual value 1250 and a useful life of 3 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
12. An asset costs 24250, has residual value 1250 and a useful life of 10 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
13. An asset costs 14450, has residual value 650 and a useful life of 6 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
14. An asset costs 13350, has residual value 550 and a useful life of 8 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
15. An asset costs 5900, has residual value 500 and a useful life of 9 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
WorksheetWise · Standard · 1097
Practice assessment · Accounting — Answer key
Original unit assessment covering the skills listed below. This is not an official past paper or a complete qualification mock. Suggested time is a guide, not an exam-board requirement.
40 minutes · 40 marks
1. A business has assets of 3000 and liabilities of 700, all in the same currency. Calculate equity. (2 marks)
Original unit assessment covering the skills listed below. This is not an official past paper or a complete qualification mock. Suggested time is a guide, not an exam-board requirement.
40 minutes · 40 marks
6. Sales revenue is 3000; cost of goods sold is 1650. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
7. Sales revenue is 1700; cost of goods sold is 1445. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
8. Sales revenue is 1600; cost of goods sold is 1200. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
9. Sales revenue is 600; cost of goods sold is 330. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
10. Sales revenue is 1900; cost of goods sold is 1520. Calculate gross profit and gross profit as a percentage of sales. Ignore other expenses and taxes. (4 marks)
Original unit assessment covering the skills listed below. This is not an official past paper or a complete qualification mock. Suggested time is a guide, not an exam-board requirement.
40 minutes · 40 marks
11. An asset costs 8150, has residual value 1250 and a useful life of 3 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
12. An asset costs 24250, has residual value 1250 and a useful life of 10 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
13. An asset costs 14450, has residual value 650 and a useful life of 6 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
14. An asset costs 13350, has residual value 550 and a useful life of 8 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
15. An asset costs 5900, has residual value 500 and a useful life of 9 years. Calculate annual straight-line depreciation for a full year; ignore tax rules. (2 marks)
WorksheetWise authors these practice questions and translations. Numerical answers are checked by automated tests. Reading and history include marking guidance. These materials have not been independently certified by an exam board.
For New Zealand classrooms and home learning. A4 paper is selected initially. Build a brief maths warm-up or vocabulary review around the learner’s current work. These resources are in English and do not provide a te reo Māori edition.