Economics, Accounting & Business: Post your doubts here!

[Paradoxical]

which variant.

I did variant 22.

 

[Anusuya]

I answered that one with no effect in the change in discount and decrease in the change in stock. what was the last answer? the job cost sheet one?

Are you sure abt it?? I answered it as no effect in cash discount and increase due to inventory control.??

 

[Anusuya]

I answered that one with no effect in the change in discount and decrease in the change in stock. what was the last answer? the job cost sheet one?

And now i think i messed up my paper. Any chance of getting D- the price quotation or sth ...right for job cost sheet??? please say YES !! :d

 

[shanky631]

And now i think i messed up my paper. Any chance of getting D- the price quotation or sth ...right for job cost sheet??? please say YES !! :d

price quotation is right.

 

[Anusuya]

price quotation is right.

OMG haha...you sure?? It was a random guess...!! I had no idea wat a job cost sheet is.

 

[SalmanPakRocks]

No discussion of paper content before 24 hours.

 

[saimaiftikhar92]

OBEY RULES !!!!!!!!

 

[wajiman]

Guys!! Is there a Benefit of Doubt given to the candidate in economics data-response??I read the expenditure reducing as expenditure switching policy and got that wrongly answered.......m sooo tensed......

bro pls obey the rules and donot discuss the paper before 24 hours

 

[2pac]

Can someone please solve q2 of 9707 may june 2007.The question asks about contribution pricing or some concept which I am unable to solve.Please reply as soon as possible.
thanks

 

[sana1421]

price quotation is right.

holy crap i marked that but erased it

 

[WaleedUQ]

Are you sure abt it?? I answered it as no effect in cash discount and increase due to inventory control.??

yes the ans was D
i got all corrects except one

 

[WaleedUQ]

Accounts ans for mcqs, only one incorrect soo far !
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

 

[Esme]

anyone who gave economics variant 1 ?
student92 i think u gave variant 1 right ?? how was it??

 

[WaleedUQ]

How was accounting Paper-1? Does anyone remember the answer for Q.26? The car assembly question?

check my post!
it have all the ans u need all of them are correct

 

[Esme]

check my post!
it have all the ans u need all of them are correct

how can u be so sure they are correct ??

 

[WaleedUQ]

how can u be so sure they are correct ??

Cause I know!!
i googled every question. Found them correct,
actually i attempted all the question before !
im not sure about 2 question rest of them are all right!
im in A2 straight A's in As
giving Accounts Excel in A2!

 

[WaleedUQ]

expecting limiting factors + cash budgets in P2

 

[Anusuya]

Accounts ans for mcqs, only one incorrect soo far !
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

Are you sure abt ur answers?? I mean regarding the stepped cost ques. and marginal costing one. I hope thats nt the correct answer.

 

[student92]

28) D Marginal Costing, Marginal Costing
what was the logic behind this?
idid same, but was a fluke
i did eco p21

 

[Esme]

expecting limiting factors + cash budgets in P2

but we havent done cash budgets in AS. its part of A2 portion.
and according to me one of your answers is wrong though lets not argue.
Q6 has to be consistency cuz they asked what will make it possible to compare. consistency means same methods and principles used in all the years which allows acurate comparision between years.
accrual means correct profit for the year is calculated. does not affect comparisions. and im confident of my answer too.