Accounting 9706/32 Oct Nov 2010 | Cambridge AS Level Past Papers With Mark Scheme

1. Net cash flow from operating activities calculation, considering adjustments for depreciation and goodwill impairment.
2. Goodwill adjustments in partnership accounts to credit original partners and clarify new partner contributions.
3. Corrected profit and cost of goods sold figures after inventory valuation adjustments in internal accounts.
4. Distribution of remaining assets in company liquidation, prioritizing loan stock and preference shares.
5. Determination of material price and labor efficiency variances for variance analysis.
6. Application of flexible budgeting, payback period, and internal rate of return for investment appraisal and variance reporting.