Accounting 9706/12 Oct Nov 2013 | Cambridge AS Level Past Papers With Mark Scheme

1. Adjustments for provisions and prepayments, highlighting their impact on income statements and statements of financial position.

2. Revaluation of non-current assets, including calculation of revaluation reserves and effect on equity.

3. Depreciation and disposal of assets, analyzing profit or loss and cash flow implications.

4. Calculation of key financial indicators, such as trade payables and receivables turnover, to assess liquidity and operational efficiency.

5. Break-even analysis and contribution margin calculations for decision-making in production and pricing strategies.

6. Cost categorization, distinguishing fixed, variable, and semi-variable costs, for budgeting and forecasting purposes.