Accounting 9706/13 May June 2011 | Cambridge AS Level Past Papers With Mark Scheme

1. Cost behavior analysis, distinguishing fixed, variable, and mixed costs in production contexts.

2. Depreciation charge calculations from non-current asset acquisitions, disposals, and net book value changes.

3. Partnership and subscription financial adjustments for accrued revenue, prepayments, and outstanding liabilities.

4. Inventory valuation for damaged goods under net realizable value or cost, applying prudence principles.

5. Financial ratios: current ratio, quick ratio, contribution margin, and break-even analysis for profitability and liquidity assessments.

6. Variance analysis for overhead recovery, fixed cost adjustments, and mark-up impacts on financial performance.