Accounting 9706/31 May June 2011 | Cambridge AS Level Past Papers With Mark Scheme

1. Components of cash flow statements, highlighting inclusions such as dividends, non-current asset purchases, and depreciation adjustments.

2. Impacts of share redemption and convertible loan stock issuance on balance sheet accounts and gearing.

3. Goodwill calculation during business acquisitions, including net asset valuation and purchase consideration.

4. Financial ratios: return on capital employed, interest cover, and net profit ratio for profitability assessment.

5. Inventory and raw material budgeting in production processes, addressing normal loss, closing inventory, and purchase requirements.

6. Variance analysis in budgeted versus actual results, covering material price, labor hours, and fixed overhead expenditures.