Accounting 9706/13 Oct Nov 2014 | Cambridge AS Level Past Papers With Mark Scheme
CIE
AS & A Level
Accounting (9706)
Nov
2014
1. Correcting misclassification of liabilities and analyzing impacts on net and current assets.
2. Capitalizing vehicle-related costs, excluding non-capital expenses like road tax and fuel.
3. Adjusting for accrual and prepayment errors and their effects on profit and liabilities.
4. Calculating credit sales, gross profit, and profit-sharing adjustments in partnerships.
5. Overhead allocation and impact of cost behavior on break-even points and variable costs.
6. Evaluating financial metrics like asset turnover, profit margins, and overhead absorption.
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Laura Bellini 
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