Accounting 9706/31 Oct Nov 2022 | Cambridge AS Level Past Papers With Mark Scheme

1. Manufacturing account preparation, including direct and indirect cost allocations and factory profit rate application.

2. Income statement preparation, integrating adjustments for expenses and depreciation.

3. Analysis of working capital cycle, calculating ratios for earnings, dividends, and price earnings.

4. Subscriptions and life membership accounting, emphasizing income allocation and fund valuation.

5. Investment appraisal using NPV, discount factors, and internal rate of return (IRR) for project evaluation.

6. Cost and variance analysis in production, including labor, material, and overhead variances.

7. Comparison of fixed and flexed budgets, highlighting usage in performance evaluation and cost control.