Accounting 9706/33 Oct Nov 2010 | Cambridge AS Level Past Papers With Mark Scheme

1. Goodwill adjustments in partnership accounts upon admission of new partners.

2. Financial adjustments for stock valuation errors, impacting profit and cost of goods sold.

3. Distribution of realized funds during company liquidation, prioritizing loan stock and preference shares.

4. Inventory valuation for financial reporting, excluding non-production costs like storage.

5. Contribution margin and production efficiency evaluation, focusing on limiting factors like machine or labor hours.

6. Overhead variance analysis, differentiating between favorable and adverse variances in cost and efficiency.