Accounting 9706/33 Oct Nov 2018 | Cambridge AS Level Past Papers With Mark Scheme

1. Manufacturing accounting and financial performance: Calculation of factory profit percentage, manufacturing account preparation, and income statement adjustments for CL plc.
2. Depreciation and property, plant, and equipment notes: Calculation of depreciation charges, preparation of property, plant, and equipment notes, and financial position statement for S plc.
3. Joint venture profit sharing and financial records: Profit calculation, joint venture accounts in individual books, and assessment of benefits of joint ventures for Kia and Zarina.
4. Equity changes and financial statement preparation: Calculation of profit for AH Limited, preparation of statements of changes in equity, and financial position statement including share issuance and reserve transfers.
5. Budgetary control and variance analysis: Advantages of budgetary control, preparation of flexed budgets, analysis of variances between flexed budgets and actual data, and assessment of fixed versus flexed budgets for Kuldeep.
6. Investment appraisal and financial decision-making: Calculation of accounting rate of return (ARR) for different farming options, comparison of ARR with other investment appraisal methods, and consideration of financial and non-financial factors for Asif's farming business decision.