Economics, Accounting & Business: Post your doubts here!

[AlphaBeta]

How do you identify positive and normative statements?

positive statements can be tested and can prove to be either correct or incorrect
normative statements are opinions of people

 

[SamiaSaad]

oh god
look at paper 3 accounts from 2016 onwards 3 hours!
http://cie.org.uk/images/166885-2016-paper-3-specimen-paper.pdf

Feeling bad for the O level students now

 

[Rishabh195]

Itz Accounts doubt in 2nd ques b part
how to calculate the value of current assets , ordinary shares and preference shares
also how to calculate the value of preference dividends in part a

 

[David Hussey]

Feeling bad for the O level students now

y olevel students? :/

 

[3fatak]

any tips on attempting business P1 this thursday?
Like what should i keep in mind while answering the short questions??

 

[David Hussey]

any tips on attempting business P1 this thursday?
Like what should i keep in mind while answering the short questions??

i guess best to memorize important words like mass marketing, niche marketing, primary research etc
go through the markscheme defintions

 

[SamiaSaad]

y olevel students? :/

Cuz if they take accounting in A level, they would appear for this paper in 2016.

 

[Mahreen Mustafa]

any tips on attempting business P1 this thursday?
Like what should i keep in mind while answering the short questions??

I wish there was a guess paper for business studies

 

[Mahreen Mustafa]

Guess paper for business studies pleaaaaaaaaaasssssssssssseeeeeeeee !!!!!!!!!!!!!!!

 

[Crimson-Saint]

guys! for economics mcq there is this question where encouraging of the growth of the international division of labor will be due to improvement in transport systems....how so?

 

[Waleed007]

Guess paper for business studies pleaaaaaaaaaasssssssssssseeeeeeeee !!!!!!!!!!!!!!!

I have

 

[zainabkhann]

I was in a moving car so bound to mess up on my calculator, anyway thankyou so much for your help and ur reply

I was wondering how they calculated the revaluation of the assets in this paper summer 2010 41

Please help me out as I am quick stuck and ur replies have been very helpful

I have made the balance sheet but after the capital part I'm stuck

Please explain this to me as t will stay with me forever

why dont you read properly?

 

[zainabkhann]

That's weird I would like to know that as well please
Also an economic student so

guys! for economics mcq there is this question where encouraging of the growth of the international division of labor will be due to improvement in transport systems....how so?

 

[Sarah Paul]

i guess best to memorize important words like mass marketing, niche marketing, primary research etc
go through the markscheme defintions

In the market research question the 20 marks
Shud we include abr probability sampling and stuff

 

[Mahreen Mustafa]

I have

Can u pls give me the link....

 

[Sarah Paul]

I have

Yes link pls

 

[Rishabh195]

how to calculate the value of closing stock when,
cost of sales is 522000
opening inventory is 27000
inventory turnover is 1 month

 

[Rishabh195]

I was in a moving car so bound to mess up on my calculator, anyway thankyou so much for your help and ur reply

I was wondering how they calculated the revaluation of the assets in this paper summer 2010 41

Please help me out as I am quick stuck and ur replies have been very helpful

I have made the balance sheet but after the capital part I'm stuck

Please explain this to me as t will stay with me forever

Anneqa's revaluation - Equipment (16000-12000) 4000
fixtures (6500-6000) +400
Motar vehicle (12100-8200) +3900
goodwill (given in ques) +9000
prov for DD (17000*5%) (850)
Inventory (14800-150000 (200)
Revaluation = 16350

you need to calculate the revalution for Emilita the same way

 

[Sarah Paul]

http://papers.xtremepapers.com/CIE/Cambridge International A and AS Level/Economics (9708)/9708_w11_qp_12.pdf
Q3 Q4 Q13 Q25

 

[David Hussey]

Cuz if they take accounting in A level, they would appear for this paper in 2016.

oh ic
yea too bad for them :/
but looks like there will be only 3 papers for accounts, not 4