VCE Accounting Past Exam Questions
Browse VCE Accounting exam questions from 2015–2026, including NHT and VCE papers. Filter by topic, year and paper; open the original source.
Matching results: 665 indexed questions and parts.
Question 2(a)Question part (a)
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Report-based difficulty · EasyAverage marks: 80% of available · official reportFull marks: 66% of students · official report
a. The owner believes that the inventory loss is mostly from theft. Identify two other possible reasons for the inventory loss. 2 marks a. 2 marks Reason 1 Reason 2
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Report-based difficulty · EasyAverage marks: 80% of available · official reportFull marks: 74% of students · official report
b. Yumm Petfoods already uses security cameras and bag checks to reduce inventory theft. Describe one other internal control procedure that could be implemented to reduce inventory
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Estimated difficulty · Easy
b. Complete the following ledger accounts for February. + Accounts Receivable * Allowance for Doubtful Debts 8 marks The Accounts Receivable Turnover for the past three months is s
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Report-based difficulty · MediumAverage marks: 52.5% of available · official reportFull marks: 14% of students · official report
c. Analyse the likely effects on business performance of having an inventory turnover that is much slower than the industry average. 4 marks c. 4 marks Analysis
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Estimated difficulty · Easy
c. Explain how the trend in the Accounts Receivable Turnover will affect the liquidity and profitability of the business. 4 marks c. 4 marks Explanation o S Fl 2 EH]
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Report-based difficulty · MediumAverage marks: 53.3% of available · official reportFull marks: 30% of students · official report
d. The owner commented that sales were higher than the budget projections and they were satisfied with business performance. The accountant agreed but suggested that a change to th
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Estimated difficulty · Easy
d. Explain two strategies to improve Accounts Receivable Turnover. 4 marks d. 4 marks 2 5 Strategy 1 Strategy 2
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Estimated difficulty · Medium
Question 3 (8 marks) Top Sportz sells sporting equipment and clothing, including football jumpers. The business uses the FIFO inventory cost assignment method and reports on a quar
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Estimated difficulty · Difficult
Question 3 (6 marks) WortaFlow sells eco-friendly drink bottles. All bottles have the WortaFlow logo. WortaFlow is. now a market leader and is highly popular with younger people. H
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Report-based difficulty · MediumAverage marks: 65% of available · official reportFull marks: 49% of students · official report
a. Prepare the General Journal entry to record the purchase on 1 August. A narration is not required. 2 marks a. 2 marks Top Sportz General Journal Date 2025 Details Debit $ Credit
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Report-based difficulty · MediumAverage marks: 46.7% of available · official reportFull marks: 17% of students · official report
b. On 30 September 2025, a physical count showed 30 football jumpers on hand. These jumpers sell for $110 each (plus GST). The owner decided to sell the jumpers at a reduced price
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Report-based difficulty · EasyAverage marks: 73.3% of available · official reportFull marks: 49% of students · official report
c. Top Sportz purchases inventory on credit. The owner is concerned that the business’s relationship with some suppliers has worsened in recent months. The accountant provided the
Search excerpt only. Open the original question for exact equations and diagrams.Source: 2025 VCE Accounting examination (PDF, 409 KB) · Report: 2025 VCE Accounting external assessment report (DOCX, 126.73 KB)How to use ClassConnect past exam questions
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