Accounting 9706/32 March 2016 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparation of manufacturing and income statements, including depreciation allocation, unrealized profit adjustments, and treatment of transfer pricing.
2. Accounting for consignment transactions, calculating import duties, consignment account preparation, and analysis of shipping practices.
3. Analysis of equity, gearing, and profitability for share and debenture issuance, including dividend cover, return on capital employed, and performance comparison.
4. Partnership formation, including revaluation of assets, goodwill adjustments, and budgeted appropriation account preparation.
5. Cost accounting techniques like activity-based costing (ABC) versus traditional overhead allocation, and their effect on product pricing.
6. Budget variance analysis for direct materials, labour, and fixed overheads, identifying and addressing adverse variances.