Accounting 9706/33 May June 2021 | Cambridge AS Level Past Papers With Mark Scheme

1. Preparation of manufacturing accounts and trading statements to analyze gross profit by product category.
2. Calculation and interpretation of working capital cycle and non-current asset turnover ratios for comparative performance evaluation.
3. Analysis of goodwill valuation based on profit trends and its treatment in partnership mergers.
4. Financial decision-making using accounting rate of return (ARR), net present value (NPV), and internal rate of return (IRR) for capital investments.
5. Benefits of computerized accounting systems, including improved efficiency, accuracy, and financial reporting.
6. Evaluation of joint ventures, including profit-sharing mechanisms and the role of consignees in sales distribution.