Accounting 9706/11 May June 2016 | Cambridge AS Level Past Papers With Mark Scheme
1. Accounting concepts application, including prudence and matching principles.
2. Adjustments in trade payables and sales ledger control accounts, focusing on corrections of errors.
3. Impact of rights issues, share capital valuations, and dividends on financial statements.
4. Calculation of overhead absorption, cost of sales, and margin of safety for break-even analysis.
5. Direct versus indirect costs allocation and absorption costing components.
6. Profit or loss calculation based on production levels and cost behaviors in mixed cost scenarios.

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