On this page you will find the Limpopo Department of Education Grade 11 Accounting controlled test for Term 3 2023, worth 100 marks over one and a half hours. The paper covers budgeting, inventory valuation, and cost accounting across three clearly weighted questions. A separate answer book and formula sheet for financial indicators are provided to support learners. Instructions specify how calculations should be shown and rounded. This test helps Grade 11 learners demonstrate their accounting skills across budgeting, inventory, and costing topics covered in Term 3.
The following document, Term 3 2023 Accn Controlled Test Grade 11 Qp.pdf, is the full document.
Term 3 Content Brief
Grade 11 Accounting Term 3 Controlled Test PDF is25hb
Key concepts applied include budgeting, debtors collection schedules, and cash surplus/shortfall calculations.
Limpopo Grade 11 Accounting Term 3 controlled test (100 marks, 1.5 hours) covering Budgeting (30 marks), Inventory Valuation (25 marks) and Cost Accounting (45 marks); Question 1 focuses on preparing a debtors collection schedule and cash budget for a fruit and vegetable business.
Complete a debtors collection schedule; prepare a cash budget for a small business using sales forecasts; calculate cash surplus or shortfall; apply cost accounting and inventory valuation principles.