Accounting 9706/33 May June 2020 | Cambridge AS Level Past Papers With Mark Scheme

1. Differences between cash flow statements and cash budgets, reconciliation of profit from operations with cash from operations, and preparation of cash flow statements.
2. Manufacturing account preparation, calculation of gross and manufacturing profits, and accounting treatment of unrealized profits in financial statements.
3. Realization account and partners' capital account preparation upon partnership dissolution; financial and non-financial evaluation of selling partnerships to limited companies.
4. Analysis of draft financial statements: adjustments for impairment of assets and depreciation, and implications for profit and financial position.
5. Variance calculations, profit reconciliation, and decision-making regarding supplier changes based on direct material cost and quality analysis.
6. Activity-based costing implementation: identification of cost drivers, benefits, and its relevance based on product manufacturing plans. .