ÉRETTSÉGI VIZSGA 2011. május 13. KÖZGAZDASÁGI ALAPISMERETEK (ÜZLETI GAZDASÁGTAN) ANGOL NYELVEN KÖZÉPSZINTŰ ÍRÁSBELI VIZSGA 2011. május 13. 8:00 Az írásbeli vizsga időtartama: 180 perc Pótlapok száma Tisztázati Piszkozati NEMZETI ERŐFORRÁS MINISZTÉRIUM Közgazdasági alapismeretek (üzleti gazdaságtan) középszint írásbeli vizsga 1021 angol nyelven
Important Information Dear Examinee! Before beginning the examination we suggest you read through all the questions. Please make sure to read questions and accompanying instructions very carefully. When solving test and multiple choice questions, make sure you thoroughly think your answers through. When solving book-keeping questions, please use the attached chart of accounts as required. During the examination you are allowed to use a ruler and a non-programmable calculator. Make sure you write in a clear and legible manner and please correct all mistakes you might make during the exam according to the instructions provided. Calculations and elaborations must be performed in the space provided for this purpose. Make sure your preliminary and partial calculations are clear and easy to review. Good luck with your examination! írásbeli vizsga 1021 2 / 16 2011. május 13.
Multiple choice and short answer questions Question 1 Explain the difference between needs and wants. 2 points Question 2 5 points Give a brief description of the typical behaviour of the indicated market players within the following market orientation. a) Production concept Consumer Company b) Sales concept Consumer Company Question 3 Name the marketing strategy the following statements refer to. 3 points a) Company striving to aggressively increase its market share. Marketing strategy:.. b) The essence of the strategy is specialisation. Marketing strategy:.. c) Dominant companies with the largest market share. Marketing strategy:.. írásbeli vizsga 1021 3 / 16 2011. május 13.
Question 4 List the functions of money. Question 5 Write the correct terms on the dotted line. 5 points 5 points a).. is the company s short-term solvency that ensures fulfilment of the company s financial obligations on time. b) The is money received from a financial institution with a pre-determined expiration date and pay-back obligation. c).. subsidy is the allocation of a certain amount from the central budget. d) The.. is the day when the payment can be considered done. e) The issuer of a.. calls upon another natural or legal person to pay the amount indicated on the document to the beneficiary at a determined time and place. Question 6 Data of the employees of a company (persons) Age (years) Number of employees 20 30 15 31 40 25 41 50 15 51 60 10 Total 65 6 points a) Name the statistical line in the table and the method of creation. b) Complete the statistical line by writing 2 possible versions of a quality criterion in the header fields. Complete the table with data content of your choice. c) Name the type of table.. d) Indicate the method of the calculation of the ratio of the 31 40 year olds, and name the indicator applied. Indication of calculation:... Name of indicator:.. írásbeli vizsga 1021 4 / 16 2011. május 13.
Question 7 a) Define cost. 5 points b) Name the cost-grouping aspects belonging to the cost types listed. According to.. material cost, wage cost, depreciation. According to. direct material cost, material cost, indirect wage cost. According to.. fixed cost, proportional cost. c) Complete the following sentence. The booking of depreciation item by item is called a.. (Write the name here.) Question 8 5 points The following data is known about an enterprise s raw material inventory Date Economic event Quantity (kg) Unit price (HUF/kg) 1 April Opening inventory 200 2 000 12 April Procurement 500 2 200 15 April Returned 40.. 26 April Procurement 800 2 400 28 April Quality discount 5% 30 April Utilisation 1000 The enterprise determines the value of raw material use using the FIFO method. Indicate the method of calculation of material cost for April. (Calculations do not have to be performed.) írásbeli vizsga 1021 5 / 16 2011. május 13.
Question 9 4 points Based on the information provided below, determine the value of the current liabilities balance line. Tangible assets HUF 12 000 000, long-term fixed deposits HUF 1 000 000, investment loan HUF 5 800 000, government bonds HUF 2 500 000, suppliers HUF 2 200 000, investments HUF 1 500 000, working capital loan HUF 500 000, stocks HUF 2 500 000, cash HUF 60 000, wages payable HUF 2 100 000, claims HUF 3 100 000, money on account HUF 12 500 000, software HUF 4 200 000, tax liabilities HUF 400 000. Question 10 10 points Our enterprise has purchased materials from Mézes Kft, and the invoice total came to HUF 6 000 000. During the examined period the net revenue from the sale of finished goods to Édes Bt. was HUF 8 000 000. The materials purchased as well as the sold goods are subject to value added tax, and in both cases the applicable tax rate is 25%. a) Place our partners in the relevant current account records. Name the partner that is recorded on the Accounts Payable Account.. enterprise b) List at least 3 key pieces of information (apart from partner ID codes) relevant to current account records. c) Calculate the amount of the value added taxes payable or refundable on the turnover generated by two economic events. Taxes payable... Taxes deductible.... Taxes to be settled. (Do not forget to write the appropriate sign before the amount!) d) Underline the characteristics of value added tax. direct indirect self-assessed assessed income tax-type increment-value duty-type property tax-type írásbeli vizsga 1021 6 / 16 2011. május 13.
Questions requiring calculations, filling in notes and practical book keeping tasks Question 1 10 points Select and correctly fill out the correct slips to perform the financial transactions in the questions below. We are aware of the following data about two employees of Mozaik Kft. (1111 Budapest, Tulipán u. 111., bank account number: OTP 11730132 13202134-02560042) from the company s pay-roll draft: - Hella Szép (ID number: 400400 HA, address: Budapest, Széles u. 12.) Her gross salary for April was HUF 190 000, deductions for various contributions: HUF 29 450, personal income tax advance: HUF 32 300, other deductions: HUF 3 250 - Máté Molnár s gross salary for April was HUF 220 000, deductions for various contributions HUF 34 100, personal income tax advance: HUF 37 400, other deductions: HUF 2 000. (Address: Budapest, Liliom u. 20., bank account number: Erste, 11625824-05020001- 40000006). Hella Szép collects her salary in cash. Máté Molnár receives his salary via wire transfer to his bank account. The date of salary payment and the transfer order: May 3 rd. Szofi Szabó is the enterprise s cash clerk. Tibor Nagy, Managing Director, has rights of disposal over the bank account of the company. írásbeli vizsga 1021 7 / 16 2011. május 13.
Question 2 10 points The data of an enterprise in the 4 th quarter of a given year Name Turnover (HUF) Goods on stock (HUF) /On the last day of the month/ October 14 000 000 4 600 000 November 17 000 000 4 100 000 December 20 000 000 2 000 000 Auxiliary information: The value of goods on stock on 1 October was HUF 3 400 thousand. Perform the requested calculations. Write the name of the statistical indicator applied and the result on the dotted lines. (Round your calculations to 4 decimal places, and percentage results to 1 decimal place. Don t forget to indicate the measurement units.) a) Calculate average monthly turnover for the 4 th quarter. Name of statistical indicator:.... Result.. Auxiliary calculation: írásbeli vizsga 1021 8 / 16 2011. május 13.
b) Determine the value of the average monthly goods on stock for the quarter. Name of statistical indicator:.... Result.. Auxiliary calculation: c) Determine how the goods on stock changed from 1 October to 31 December. Name of statistical indicator:.... Result.. Auxiliary calculation: d) Examine the development of turnover from month to month. Name of statistical indicator:.... Results :.... Auxiliary calculation: írásbeli vizsga 1021 9 / 16 2011. május 13.
Question 3 The following data are known about two tangible assets of an enterprise: 8 points No. 1.: Economic events related to the procurement of a production line: (Value added tax is in each case 25%.) The original procurement price of the machinery on July 1 st as featured on the relevant invoice: HUF 4 500 000 + 25% VAT. The cash invoice total of the freight charged on the machinery was HUF 250 000. The machinery was installed and commissioned by the expert staff of the enterprise. Expenses charged for these activities: HUF 500 000. Amount of interest charged on the loan taken out for the investment project in the current year: HUF 150 000, of which HUF 50 000 can be booked until capitalisation. The cost of the starting up of the investment project was HUF 200 000. In the interest of continual and uninterrupted operation of the machinery recurrent maintenance costs will amount to HUF 40 000/month. The machinery was put into operation on September 1 st of the current year. Calculate the historical cost of the tangible asset. No. 2: Machinery data: capitalised historical cost on the 1 st of September was HUF 5 450 000, planned wear and tear period 8 years. Planned residual value is HUF 458 000, straightline depreciation is applied. Determine the machine s balance-sheet value (net value) on the following dates. On 31 December, the balance-sheet date in the year of activation: On 31 December, the balance-sheet date the following year: írásbeli vizsga 1021 10 / 16 2011. május 13.
Question 4 7 points Using the data provided below calculate the profit on ordinary activities of the enterprise using total cost method A. Use the table provided. Finished goods sold 4 500 pieces, selling price with 25% VAT was HUF 20 000/piece, net revenue from the sale of semi-finished goods was HUF 2 000 000. Financial expenditures HUF 3 500 000 Total cost HUF 51 000 000 Financial revenues HUF 4 000 000 Other revenues HUF 9 800 000 Extraordinary revenues HUF 2 100 000 Extraordinary expenditures HUF 2 900 000 Other expenditures HUF 5 400 000 Data of self-produced inventories (HUF): Name Opening inventory Closing inventory Finished goods 1 000 000 1 200 000 Semi-finished goods 1 400 000 400 000 Unfinished production 500 000 800 000 Work table of profit calculation: Profit/loss account lines Net sales revenue Capitalized value of self-output Other revenues Total cost Other expenditures Operating (business) profit Income from financial transactions Expenditures of financial transactions Profit from financial transactions Profit on ordinary activities HUF thousand Auxiliary calculations: írásbeli vizsga 1021 11 / 16 2011. május 13.
Question 5 15 points Book the following economic events taking the opening balance of the highlighted accounts into account. 231. Unfinished production account HUF 200 000 471. Income settlement account HUF 4 800 000 Economic events 1. Re-entering unfinished production. 2. Transportation fees for raw material purchase according to invoice received is HUF 100 000 + 25% VAT. 3. Bank notification on the transfer of wages payable. 4. Purchase of equipment for production purposes, the total according to invoice is HUF 12 500 000. (VAT amount is HUF 2 500 000.) 5. Finished products taken into stock at cost price HUF 9 000 00. 6. Purchased equipment placed in operation, capitalisation. 7. Payment of on bank account HUF 200 000, according to cashier receipt. 8. Raw material utilisation during the relevant period was HUF 3 000 000. 9. Depreciation of equipment booked during the relevant period HUF 800 000. 10. Credit note from the bank on the payment of funds 11. Sale of finished goods: at selling price HUF 8 000 000 + 25% VAT, at cost price HUF 6 000 000. 12. Bank notification: outstanding debt of buyers has been settled. írásbeli vizsga 1021 12 / 16 2011. május 13.
írásbeli vizsga 1021 13 / 16 2011. május 13.
Chart of Accounts 1. Fixed assets 11. Intangible assets 12-15. Tangible assets 12. Real properties 123. Buildings 129. Ordinary depreciation of land and buildings 13. Technical equipment, machinery, vehicles 131. Technical equipment, machinery, vehicles 139. Ordinary depreciation of technical equipment, machinery, vehicles 14. Other equipment, machinery, vehicles 149. Ordinary depreciation of other equipment, machinery, vehicles 16. Capital investments 161. Capital investments in progress 17-19. Financial assets 2. Stocks 21. Materials 211. Raw materials 22. Other materials 23. Unfinished and semi-finished goods 231. Production in progress 25. Finished goods 3. Receivables, financial and liquid assets, prepayments and accrued income 31. Trade debtors (Receivables from customers) 32. Receivables from affiliated undertakings 33. Receivables from other related undertakings 34. Bills receivable 361. Receivables from employees 37. Securities 38. Liquid assets 381. Cash on hand 384. Deposit account for settling of accounts 389. Transit account 4. Liabilities 41. Equity 411. Subscribed capital 412. Reserve capital 413. Accumulated profit reserve 419. Balance sheet profit/loss from ordinary and auxiliary business activities 42. Provisions 43. Subordinated liabilities 44. Long-term liabilities 444. Investment loan 45-47. Short-term liabilities 452. Short-term loans 454. Accounts payable (trade creditors, suppliers) írásbeli vizsga 1021 14 / 16 2011. május 13.
455. Suppliers for capital investments 46. Tax settlements 461. Settlement of corporate tax 462. Settlement of personal income tax 463. Liabilities to the central budget 464. Settlement of liabilities to the central budget 466. Pre-charged value added tax 467. Value added tax payment liability 468. Financial accounting of value added tax 471. Income settlement 473. Social insurance contribution payable 479. Other short-term liabilities 49. Settlement accounts 491. Opening balance account 492. Closing balance account 493. Accounting of after-tax profit account 5. Cost types 51. Material costs 52. Services used 53. Cost of other services 54. Payroll costs 55. Other personnel costs 56. Withholding taxes and contributions 57. Depreciation 581. Changes in self-produced inventories 8. Cost of manufactured goods sold and expenditures 81. Material-type expenditure 82. Personnel costs 83. Depreciation 86. Other expenditures 87. Financial expenditures 88. Extraordinary expenses 9. Incomes 91-93. Net sales revenue 96. Other incomes 97. Financial revenue 98. Extraordinary incomes írásbeli vizsga 1021 15 / 16 2011. május 13.
Topic Multiple choice and short answer questions Questions requiring calculations, filling in notes and practical book keeping tasks Question number Maximum points Points scored Maximum points of topic 1. 2 2. 5 3. 3 4. 5 5. 5 6. 6 50 7. 5 8. 5 9. 4 10. 10 1. 10 2. 10 3. 8 50 4. 7 5. 15 Points scored in written examination 100 Points scored in topic Correcting teacher Date:... Választást rövid választ igénylő feladatok/ Multiple choice and short answer questions Számítást, bizonylatkitöltést, könyvviteli tételszerkesztést igénylő feladatok/questions requiring calculations, filling in notes and practical book keeping tasks pontszáma egész számra kerekítve/points rounded to a whole number programba beírt egész pontszám/points (whole number) entered into programme javító tanár/correcting teacher jegyző/notary Dátum/Date:... Dátum/Date:... írásbeli vizsga 1021 16 / 16 2011. május 13.