Accounting 9706/31 May June 2022 | Cambridge AS Level Past Papers With Mark Scheme

1. Differences between financial statements of not-for-profit organizations and limited companies, including subscription and trading account preparation.

2. Revised statement of financial position incorporating IAS-compliant adjustments for legal claims and subsequent events.

3. Calculation of financial ratios including price-earnings ratio, dividend yield, and gearing to evaluate company performance.

4. Joint venture accounting and partnership formation considerations, highlighting benefits and challenges of collaborative operations.

5. Costing system analysis comparing absorption and activity-based costing to evaluate product pricing accuracy and cost allocation.

6. Variance analysis for sales, direct material, direct labor, and fixed overheads, identifying operational efficiency and cost control effectiveness.