Accounting 9706/42 March 2023 | Cambridge AS Level Past Papers With Mark Scheme

1. Cash budget preparation for monthly forecasting, incorporating purchases, sales, and financing.

2. Revised cash budget analysis under new purchasing terms, including discount utilization and its impact on liquidity.

3. Evaluation of direct purchasing strategies, balancing cost savings against cash flow constraints and overdraft policies.

4. Definition and role of cost drivers in activity-based costing systems.

5. Calculation of profit or loss per product, integrating cost allocations and returns data.

6. Impact of surveillance system costs on product profitability, adjusting cost allocations for improved quality control.

7. Strategic recommendation for surveillance implementation, weighing operational benefits against financial implications.