• We need your support!

    We are currently struggling to cover the operational costs of Xtremepapers, as a result we might have to shut this website down. Please donate if we have helped you and help make a difference in other students' lives!
    Click here to Donate Now (View Announcement)

Economics, Accounting & Business: Post your doubts here!

Messages
134
Reaction score
72
Points
38
Accounts ans for mcqs, only one incorrect soo far ! :D
1) Return Outwards
2) 114000 D
4) Substance over form D
6) A ( Accruals Concept )
Cash discount 5% and stock previewed system ( D )

20 ) C

Partnership capital 60 000 drawings 30 000 ( C )

undervalued closing stock and overvalued opening inventory both to be added in net profit

subscription accounts can have bad debts and may have trading account ( A)

gross profit increased, return on capital employed decreased

partnership
goodwill x 15000 y 15000 ( C )

Liquidity difficulties to pay to creditors factoring trade debtor ( A )

Cumulative shares dividend carried to next year ( C )

Stepped cost net
profit of 15000 unites = 82500

value of stock issued 380 ( B )
Debentures issued for 300 000 Current Assets increased and net profit decreased in short term


Manufacturing overheads depreciation of assembly line and supervisors salary

breakeven sales 600 000 ( C )

Ans for B.R.S was ( B ) ( un presented add uncredited minus, minus credited charges for standing order

fixed costs remain constant for a range of activity ( A ) ( D was not the ans )

28) D Marginal Costing, Marginal Costing
29) D 6.5
30) D Price for the quotation
these are the corrects ans soo far



BRO I CAN assure u that you only got 5-6 wrong that is 6(consistency concept),, gp and roce both will increase, stepped cost 85000, 28 absorption and marginal. oh wait the correct ans for 1 was carriage inwards c. outwards which ever had the debit balance, Also bank r statement ans was A 18k something
 
Messages
153
Reaction score
40
Points
38
What are we supposed to study for business P2?? Not the syllabus...bt can sumone tell me wats important?
 
Messages
11
Reaction score
3
Points
13
Motivation
Whole Maketing
JOB BATCH COSTING
STOCK CONTROL
Location factor both local and multinational

These are just important topics not the whole paper ... don't blame me if something other than this comes in he paper

Forgot about Accounting part ^_^ I'd say its pretty important. As in ratios, cashflows, profit and loss accounts
 
Messages
9
Reaction score
1
Points
3
Hmm, seriously, does anyone have any idea regarding the topic to focus on for Business Studies P2? And what was the answer for that revaluation question in Accounting P1? (Sorry if this one has already been posted above)
 
Messages
134
Reaction score
72
Points
38
Calculation are already expected it was obvious ....
Secondly all the topics mentioned above are for part d and part e which has 18 marks approx
 
Messages
9
Reaction score
1
Points
3
hey is marketing strategy same as marketing mix???
Marketing Mix refers to the the key decisions that need to be taken in order to ensure effective marketing (ie. the 4Ps) whereas marketing strategy is the plan of action that uses the marketing mix to result in effective marketing.
Hope this helps and correct me if I am wrong!
 
Messages
153
Reaction score
40
Points
38
Hmm, seriously, does anyone have any idea regarding the topic to focus on for Business Studies P2? And what was the answer for that revaluation question in Accounting P1? (Sorry if this one has already been posted above)
For Revaluation its B :)
 
Messages
240
Reaction score
124
Points
53
Marketing Mix refers to the the key decisions that need to be taken in order to ensure effective marketing (ie. the 4Ps) whereas marketing strategy is the plan of action that uses the marketing mix to result in effective marketing.
Hope this helps and correct me if I am wrong!

marketing strategy also included market research and business objectives
 
Top