Economics, Accounting & Business: Post your doubts here!

[David Hussey]

Yeah I know

I personally use the older version of H randall ( the pink one). The author was sane back then.

Btw do you have notes for IAS?

even i use that older one, but its a black cover
yea here
http://papers.xtremepapers.com/CIE/.../A_AS_IAS_Booklet.pdf#page=26&zoom=auto,0,696
credit to alphabeta and crescent

 

[rupa]

i have a doubt in 22nd and 24th question in
http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_w10_qp_12.pdf
pls someone help me

 

[rupa]

hey is there any change in paper format in account and business or change in question pattern???

 

[Klid]

Guys I need Business OL model answer exams, do you know where can I find it?

 

[xmariam3x]

FOR ECONOMICS: what combinations can you do for Paper 4 theory? Like if you practice Micro theory questions, then which questions of Macro you MUST revise?
Don't have time for practicing all the theory questions now ! pleasee help

P.s: I think the Cie book is good enough for economics Bramford one, also Imran latif's notes although they are very lengthy

 

[SalmanPakRocks]

i have a doubt in 22nd and 24th question in
http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_w10_qp_12.pdf
pls someone help me

X

1W = 3R
Y

1W = 2 R

Which ratio is between these comparative advantage ratios?
C

 

[rupa]

X

1W = 3R
Y

1W = 2 R

Which ratio is between these comparative advantage ratios?
C

sir can u please me explain in detail....

 

[SalmanPakRocks]

i have a doubt in 22nd and 24th question in
http://papers.xtremepapers.com/CIE/... AS Level/Economics (9708)/9708_w10_qp_12.pdf
pls someone help me

Q24) CPI was 2.5% Now let's analyse each option to see which one best fits the statement asked in the question.
A The CPI is not an accurate measure of inflation.
It is actually an accurate measure of inflation. CPI, WPI etc are all means of measuring inflation.
B Some prices must have fallen.
This can't be true because if price fall, there would be in inflation in an economy. Even if the CPI falls, it doesn't mean that inflation has fallen.
C The average price increase of other items was less than 2.5 %.
This can be true because as we can see the table, the price change of most of the items are greater than 2.5% however, the fact that other items which are not included in the table - might be greater in no. - experience a low price increase.
D The real value of money rose by more than 2.5 %.
The value of money never rises when economy experiences inflation.

So answer is C

 

[SalmanPakRocks]

sir can u please me explain in detail....

You can call me Salman. Sir is a bit awkward

Anyways, yes sure. I just used the table to calculate the comparative advantage to country X and country Y. To do this, you'd just need to cross multiply.
Example:
For country X, the ratios are R = 300, W = 900
To calculate 1 W we would divide 900 by 300.
1W = 900/300
1 W = 3

Likewise, I did for Country Y.

 

[rupa]

Q24) CPI was 2.5% Now let's analyse each option to see which one best fits the statement asked in the question.
A The CPI is not an accurate measure of inflation.
It is actually an accurate measure of inflation. CPI, WPI etc are all means of measuring inflation.
B Some prices must have fallen.
This can't be true because if price fall, there would be in inflation in an economy. Even if the CPI falls, it doesn't mean that inflation has fallen.
C The average price increase of other items was less than 2.5 %.
This can be true because as we can see the table, the price change of most of the items are greater than 2.5% however, the fact that other items which are not included in the table - might be greater in no. - experience a low price increase.
D The real value of money rose by more than 2.5 %.
The value of money never rises when economy experiences inflation.

So answer is C

thanks a lot Slaman

 

[rupa]

You can call me Salman. Sir is a bit awkward

Anyways, yes sure. I just used the table to calculate the comparative advantage to country X and country Y. To do this, you'd just need to cross multiply.
Example:
For country X, the ratios are R = 300, W = 900
To calculate 1 W we would divide 900 by 300.
1W = 900/300
1 W = 3

Likewise, I did for Country Y.

ohhh okok
now i get it....
thanks a lot

 

[xmariam3x]

FOR ECONOMICS: what combinations can you do for Paper 4 theory? Like if you practice Micro theory questions, then which questions of Macro you MUST revise?
Don't have time for practicing all the theory questions now ! pleasee help

P.s: I think the Cie book is good enough for economics Bramford one, also Imran latif's notes although they are very lengthy

Please help with my query for Paper 4 theory questions

 

[Ren Poole]

Can someone help me with account 9706/33/MJ/13 question no 7.

 

[CЯeScɘnt]

thanks a lot Slaman

Slaman????

 

[rupa]

Slaman????

sorry i meant Salman

 

[CЯeScɘnt]

Can someone help me with account 9706/33/MJ/13 question no 7.

for X account
credit 100000-caital a/c
debit 10000-current a/c
credit 40000-loan a/c
debit 50000-debenture--4000/0.08
so balancing figure will be 105000.

 

[Ren Poole]

for X account
credit 100000-caital a/c
debit 10000-current a/c
credit 40000-loan a/c
debit 50000-debenture--4000/0.08
so balancing figure will be 105000.

Sorry but i didnt get the bal figure 105000 but 80000?

 

[CЯeScɘnt]

Sorry but i didnt get the bal figure 105000 but 80000?

what u did?

 

[Ren Poole]

what u did?

I opened X acc and put the debit credit as you said and does the 285000 need to minus with the balancing figure?

 

[Rishabh195]

Its accounts
I have doubt in q3 (a) (ii) i m having doubt in calculating the value of closing and opening inventory
Plzz help......