Economics, Accounting & Business: Post your doubts here!

[saimaiftikhar92]

yea, it was not to be credited but debited as the subscription were due

SO WHAT WAS THE CORRECT ANSWER?

 

[wajiman]

SO WHAT WAS THE CORRECT ANSWER?

its was C

 

[cheesww]

CAN A MULTINATIONAL BE A PRIVATE/PUBLIC LIMITED COMPANY
OR IS 'MULTINATIONAL' A SEPARATE LEGAL STRUCTURE?

 

[00mfr]

nup...bth were increasin sry frnd

ru sure both wer increasing cuz i markd dis but most of the students said its wrong

 

[wajiman]

CAN A MULTINATIONAL BE A PRIVATE/PUBLIC LIMITED COMPANY
OR IS 'MULTINATIONAL' A SEPARATE LEGAL STRUCTURE?

it can be both a private and public limited company

 

[cheesww]

it can be both a private and public limited company

So when i answer a Q that says should the multinational adopt ethical issues..can i mention the need to consider if the stakeholder or shareholder concept is being applied, ofcourse by using data from the case study ?
thanks!

 

[WayneRooney10]

Accounting.
http://www.xtremepapers.com/papers/... AS Level/Accounting (9706)/9706_s06_qp_2.pdf

Why is the depreciation charged 13200 to the income and expenditure account, in the second question?

 

[wajiman]

So when i answer a Q that says should the multinational adopt ethical issues..can i mention the need to consider if the stakeholder or shareholder concept is being applied, ofcourse by using data from the case study ?
thanks!

of course, for eg, if the multinational provides good health and safety benefits to its employees, it will be sacrificing the profits and hence one positive affect on the worker group of shareholders and one negative on the owner group of shareholders

 

[mariam_anwar]

pls explain me this question
Two economic indicators are Gross Domestic Product (GDP) at market prices and
Net National Income (NNI) at factor cost. Explain what is meant by an economic indicator and
the differences between the two indicators mentioned.

 

[Anusuya]

what are the types of packaging??

 

[wajiman]

what are the types of packaging??

well i havent read anywhere that there are any types of packaging, its simple how u pack the product to protect, attract, differentiate from competitors brand and set a brand image of the product in the mind of the consumer

 

[Anusuya]

Even i thought the same. I just saw it in the syllabus and wondered if we had some specific answer. googled it bt didnt find any.

 

[00mfr]

Even i thought the same. I just saw it in the syllabus and wondered if we had some specific answer. googled it bt didnt find any.

i guess they mean generally like, plastic containers, bottle jars etc

 

[aaakhtar19]

Accounting June 2011 P43

http://www.xtremepapers.com/CIE/ind...evel/9706 - Accounts/&file=9706_s11_qp_43.pdf

Can anyone explain Q1 (a) ???
i m not getting the Current liabilities and retained earnings part
Waiting for a helpful Reply
Thanks

 

[sana1421]

Accounting.
http://www.xtremepapers.com/papers/CIE/Cambridge International A and AS Level/Accounting (9706)/9706_s06_qp_2.pdf

Why is the depreciation charged 13200 to the income and expenditure account, in the second question?

56000 + 14000(purch of equipment in reciepts and payments) - 4000 = 66000
66000 x 20%= 13200

 

[WaleedUQ]

The answer for 1 is the carriage outward debit
6 its consistency
28 its absorption and marginal
bt the partnership one is correct. its X 15000 and Y-15000

the best way to value your stock is marginal costing.
Secondly have you limiting factors we always use contribution to rank the products.
its was marginal marginal.
you can google about what's is the best way to value stock ; marginal costing the reason is Marginal costing consists only variable cost.
Secondly output is not constant every year it changes yearly, but fixed cost remains the same no matter what activity you are producing.
think about it, if ull choose absorption and marginal
absorption will take it in to account fixed which are fixed and ARE NOT DIRECTLY RELATED TO THE BUSINESS!

 

[WaleedUQ]

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

Yea im not sure about b.r.s one.
Secondly it was marginal marginal go google and then ask with a SOLID defending STATEMENT!
secondly it was asking about credit balance not a debit balance my friend.
secondly do you even know about accruals conecept?
GP was increased but ROCE was decreased
for ROCE we take NPBI which stands for NET PROFIT BEFORE INTEREST!

 

[WaleedUQ]

the gross profit and ROce both incresed. Since the LT liabilities were not to be deducted from the Net assets.
And Its 8500 since the Variable Cost was (1500*5=7500) and the stepped cost for 15000 units is 10,000 (5000*2)
75000+10,000 = 85000

acutally they were asking it for 6months not a whole yar we had to split the cost !

 

[fahadzaidi96]

Yea im not sure about b.r.s one.
Secondly it was marginal marginal go google and then ask with a SOLID defending STATEMENT!
secondly it was asking about credit balance not a debit balance my friend.
secondly do you even know about accruals conecept?
GP was increased but ROCE was decreased
for ROCE we take NPBI which stands for NET PROFIT BEFORE INTEREST!

DUDE THE ANSWER STATED IN MY PREVIOUS STATMENT ARE CORRECT. I STAND BY MY STANCE AND BTW THESE ANSWERS ARE APPROVED BY MY TEACHER AND HE IS ALSO THE EXAMINER OF ACCOUNTS SO PLEASE DONT ARGUE WITH ME AND STEPPED COST WAS 85000

 

[Mohammed Hassan]

DUDE THE ANSWER STATED IN MY PREVIOUS STATMENT ARE CORRECT. I STAND BY MY STANCE AND BTW THESE ANSWERS ARE APPROVED BY MY TEACHER AND HE IS ALSO THE EXAMINER OF ACCOUNTS SO PLEASE DONT ARGUE WITH ME AND STEPPED COST WAS 85000

dude, whats the answer of the marginal and absorption question??