1. (c)IVE(TM) A-Level Principles of Accounts Paper 1 & 2 2008 Examination Danny Poon and Tony Lim Department of Business Services and Management Institute of Vocational Education (Tuen Mun) 15/3/2008

2. (c)IVE(TM) Before examination Plan: Study and Revision Center location Stationery: Calculators and (erasable) ball pens Good sleep for at least two nights before exam

3. (c)IVE(TM) During Examination Scan all questions Keep time Answer the most familiar questions first Keep time *After the morning examination Take a rest during lunch

4. HKAL PRINCIPLES OF ACCOUNTS PAST PAPER QUESTIONS DISTRIBUTION TABLE- Paper 1 200 4 200 5 200 6 2007 Financial Accounting Consolidated B/S-Goodwill, MI18c14c10c c Consolidated P & L6c11c10c c Cash Flow Statement (indirect) -Liquidity 26c23c20 Accounting ratio analysis - Short term liquidity 7c10c Theory - Consolidated A/C6c5c Incomplete record - Sole trader 17 16c Partnership - Appropriation, Revaluation, Change of Partnership, Realization, Cash 20 10c Incomplete record -Partnership - Final accounts 20c Theory - Published account items: Exp, Prior Year Adjustment, EPS 20c

5. HKAL PRINCIPLES OF ACCOUNTS PAST PAPER QUESTIONS DISTRIBUTION TABLE- Paper 1 2004 2005 2006 2007 Financial Accounting Control accounts 8c Statement of change in equity6c Theory - use of a/c 6c Theory - development cost 4c True and fair4c Correction of error/suspense (journal entry)20 Partnership - changed to LTD20 Income & expenditure A/C & B/S18 20 Valuation of fixed assets, depreciation 20 Valuation of stock & perpetual inventory system 20 Bank reconciliation statement2 3

6. (c)IVE(TM) Partnership - Dissolution Hire Purchase / Finance lease Income determination Valuation of intangible assets Joint Venture Consignment Manufacturing Branch accounts Investment Business take over Bill of exchange Miscellaneous

7. (c)IVE(TM) HKAL PRINCIPLES OF ACCOUNTS PAST PAPER QUESTIONS DISTRIBUTION TABLE- Paper 2 Managerial Accounting2004 2005 2006 2007 Variance analysis20c15c 16c Process Costing6c20 11c8 Cash Budget24c 19c Contribution/profit maxi 30c9c ABC method4c10c B.E Analysis/CVP6c20 11 NPV cal & explanations14 10 c Cost behaviours6 11c Valuation of stocks 11c Accept order/ spare cap 8c and full capacity 8c Budget income statement 7c Valuation of Products 3c Accounting Theory20

8. (c)IVE(TM) HKAL PRINCIPLES OF ACCOUNTS PAST PAPER QUESTIONS DISTRIBUTION TABLE- Paper 2 Managerial Accounting 2004 2005 2006 2007 absorption O/H and rate 9c17 3c Make or buy decision17 Minimum pricing 12 NPV Buy or Lease 10 Flexible budgeting 9 Marginal Costing System3 3

9. (c)IVE(TM) Good Luck Thank you