Economics, Accounting & Business: Post your doubts here!

[Sarah Paul]

wat its saying is dat normal activity is like da same .. and actual activity will change ... so for WIP we hav to put based on normal

But isnt procees costing very rarely tested? I think it was tested once

 

[AlphaBeta]

But isnt procees costing very rarely tested? I think it was tested once

haha for AS its not at all tested i guess .. all A2 Stuff u hav to wait until next year for these

 

[AlphaBeta]

for this question ( may/june 2012 paper 12) how do we know that we hav to use total capital employed ? the syllabus says capital employed is NPBI/Capital employed .... -_-

 

[:: A^]

Answer is D.
Capital employed formula is Non-Current Assets + Net-Current Assets.

View attachment 40361
for this question ( may/june 2012 paper 12) how do we know that we hav to use total capital employed ? the syllabus says capital employed is NPBI/Capital employed .... -_-

 

[AlphaBeta]

may/june 2012 paper 32 > how B

 

[David Hussey]

View attachment 40374
may/june 2012 paper 32 > how B

thts easy
make a flexed budget for 1100 units
dm 2200
dl 550
f o/h 800
total 3550
3700-3550=150

 

[unique111]

thts easy
make a flexed budget for 1100 units
dm 2200
dl 550
f o/h 800
total 3550
3700-3550=150

Wow! David's the account genius, huh?

 

[David Hussey]

Wow! David's the account genius, huh?

thnk u bro! i hope u said mashAllah

 

[:: A^]

thnk u bro! i hope u said mashAllah

Masha Allah =)

 

[David Hussey]

View attachment 40374
may/june 2012 paper 32 > how B

the question structure is a retarded one though! -_- m sure it must have confused a lot of students

 

[David Hussey]

Masha Allah =)

two more acc genius ::A^ and alphabeta! mashAllah

 

[Sarah Paul]

http://papers.xtremepapers.com/CIE/...d AS Level/Economics (9708)/9708_s03_qp_2.pdf
Section A part f is it ok if we right only abt inflation

 

[Sarah Paul]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s06_qp_1.pdf Q11 Q19 Q27

http://papers.xtremepapers.com/CIE/...d AS Level/Economics (9708)/9708_w04_qp_1.pdf Q8 13 30

http://papers.xtremepapers.com/CIE/...d AS Level/Economics (9708)/9708_s04_qp_1.pdf Q7 9 18 21 24 22

 

[AlphaBeta]

thts easy
make a flexed budget for 1100 units
dm 2200
dl 550
f o/h 800
total 3550
3700-3550=150

oh yeah .. jazakallah

Answer is D.
Capital employed formula is Non-Current Assets + Net-Current Assets.

do same year (may/june 2012 ppr 42 ) question 2)part d) for ROCE here they take only capital and do sm tng ... not Non-Current Assets + Net-Current Assets.... -_- in da marking schme they say 77.1% so it cant be that
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s12_qp_42.pdf
markscheme >
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s12_ms_42.pdf
David Hussey any idea bot wat the official ROCE formula is ?

 

[David Hussey]

oh yeah .. jazakallah

do same year (may/june 2012 ppr 42 ) question 2)part d) for ROCE here they take only capital and do sm tng ... not Non-Current Assets + Net-Current Assets.... -_- in da marking schme they say 77.1% so it cant be that
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s12_qp_42.pdf
markscheme >
http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s12_ms_42.pdf
David Hussey any idea bot wat the official ROCE formula is ?

this is what the 2014 accounting syllabus had
Return on Capital Employed =
NPBI/capital employed × 100
[Capital Employed = Issued Shares + Reserves + Non-Current Liabilities]

 

[David Hussey]

fyi there is a list of all formulas in the syllabus

 

[Sarah Paul]

fyi there is a list of all formulas in the syllabus

http://papers.xtremepapers.com/CIE/...nd AS Level/Accounting (9706)/9706_y14_sy.pdf Page 23 &24

 

[SalmanPakRocks]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s06_qp_1.pdf Q11 Q19 Q27

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w04_qp_1.pdf Q8 13 30

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s04_qp_1.pdf Q7 9 18 21 24 22

Q11) PED = 0 means it's perfectly in-elastic. Imposing a tariff would increase the overall cost to the consumer but there would be no change in the quantity demanded. Therefore C is the answer.

Q19) Find out the Opportunity cost ratios.
M
1X = 0.5Y
1Y = 2X Comparative advantage in Y

N
1X = 0.25Y Comparative advantage in X
1Y = 4Y

Rate is 1Y for 3X and it lies between their opportunity cost ratios so trade would be favourable.
A is the answer

Q27) D Because negative BOP means depreciating exchange rate while inflation would decrease because people would import less as the prices of imports would further rise due to depreciation of exchange rate.

 

[SalmanPakRocks]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s06_qp_1.pdf Q11 Q19 Q27

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w04_qp_1.pdf Q8 13 30

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_s04_qp_1.pdf Q7 9 18 21 24 22

Q8) D Definition of cross elasticity of demand.

Q13) C and D are totally wrong. When price of compliment increases, the demand for that good falls so A cannot be right. B is the answer because price of substitute may have increased further therefore B is the answer.

Q30) C because when taxes increases, people are left with left money to consume.

 

[AlphaBeta]

this is what the 2014 accounting syllabus had
Return on Capital Employed =
NPBI/capital employed × 100
[Capital Employed = Issued Shares + Reserves + Non-Current Liabilities]

i did check this ...but this is for limited company .. wat bot for Sole trader ?