1
Do not write
outside the
AQA
[Document subtitle]
A-level ACCOUNTING
Paper 2 Accounting for
analysis and decision-
making
[DATE]
[COMPANY NAME]
[Company address]
IB/M/Jun24/7127/2
,2
Do not write
outside the
box
IB/M/Jun24/7127/2
, 3
Do not write
outside the
box
Section A
Answer all questions in this section.
Turn over ►
IB/M/Jun24/7127/2
, 4
Do not write
outside the
box
box
For multiple-choice questions only one answer per question is allowed.
For each question completely fill in the circle alongside the appropriate answer.
CORRECT METHOD WRONG METHODS
If0 you
1 want to change your answer you must cross out your original answer as shown.
If you wish to return to an answer previously crossed out, ring the answer you now wish to
select as shown.
A business buys inventory on credit.
Which book of prime entry is used to record this transaction?
[1 mark]
A Cash book
B General journal
0 2
C Purchases journal
D Purchases returns journal
What is the impact on the statement of financial position of receiving a recovered debt that
had previously been written off as irrecoverable?
[1 mark]
A Decrease capital, decrease current assets
B Decrease capital, increase current assets
C Increase capital, decrease current assets
D Increase capital, increase current assets
IB/M/Jun24/7127/2
, 5
Do not write
outside the
box
*02*
[1 mark]
0 3 Which of the following is an advantage of being a sole trader?
A They can sell shares to the general public.
B They have full control over decision making.
C They have limited liability.
D They pay corporation tax.
[1 mark]
A business pays royalties on each unit it manufactures.
0 4 Which of the following describes the cost of the royalties?
A Direct and semi-variable
B Direct and variable
C Indirect and semi-variable
D Indirect and variable
Turn over ►
IB/M/Jun24/7127/2
, 6
Do not write
outside the
box
Which of the following is not a fundamental principle of ethical behaviour? [1 mark]
0 5
A Confidentiality
B Consistency
C Integrity
D Objectivity
*03*
Product Q has the following costs per unit:
0 6
Materials 4 metres at £2 per metre
Labour 1.5 hours at £12 per hour
Overheads £4 per labour hour
Product Q has a selling price of total cost plus a 10% mark up
What is the selling price of Product Q?
A £28.60
B £32.00
.
C £33.00
D £35.20 [1 mark]
IB/M/Jun24/7127/2
, 7
Do not write
outside the
box
Which is the formula to calculate dividend cover? [1 mark]
0 7
Dividend per share
A × 100
Market price per share
Market price per share
B × 100
Dividend per share
Ordinary share dividends paid
C
Profit after interest and tax
Profit after interest and tax
D
Ordinary share dividends paid
*04*
Turn over ►
IB/M/Jun24/7127/2
, 8
Do not write
outside the
box
A manufacturer provides the following information:
0 8
Total fixed costs £360 000
Unit variable cost £20
Unit selling price £60
Forecast output 20 000 units
What is the margin of safety in units?
[1 mark]
A 9 000
B 11 000
C 14 000
D 15 500
IB/M/Jun24/7127/2
Do not write
outside the
AQA
[Document subtitle]
A-level ACCOUNTING
Paper 2 Accounting for
analysis and decision-
making
[DATE]
[COMPANY NAME]
[Company address]
IB/M/Jun24/7127/2
,2
Do not write
outside the
box
IB/M/Jun24/7127/2
, 3
Do not write
outside the
box
Section A
Answer all questions in this section.
Turn over ►
IB/M/Jun24/7127/2
, 4
Do not write
outside the
box
box
For multiple-choice questions only one answer per question is allowed.
For each question completely fill in the circle alongside the appropriate answer.
CORRECT METHOD WRONG METHODS
If0 you
1 want to change your answer you must cross out your original answer as shown.
If you wish to return to an answer previously crossed out, ring the answer you now wish to
select as shown.
A business buys inventory on credit.
Which book of prime entry is used to record this transaction?
[1 mark]
A Cash book
B General journal
0 2
C Purchases journal
D Purchases returns journal
What is the impact on the statement of financial position of receiving a recovered debt that
had previously been written off as irrecoverable?
[1 mark]
A Decrease capital, decrease current assets
B Decrease capital, increase current assets
C Increase capital, decrease current assets
D Increase capital, increase current assets
IB/M/Jun24/7127/2
, 5
Do not write
outside the
box
*02*
[1 mark]
0 3 Which of the following is an advantage of being a sole trader?
A They can sell shares to the general public.
B They have full control over decision making.
C They have limited liability.
D They pay corporation tax.
[1 mark]
A business pays royalties on each unit it manufactures.
0 4 Which of the following describes the cost of the royalties?
A Direct and semi-variable
B Direct and variable
C Indirect and semi-variable
D Indirect and variable
Turn over ►
IB/M/Jun24/7127/2
, 6
Do not write
outside the
box
Which of the following is not a fundamental principle of ethical behaviour? [1 mark]
0 5
A Confidentiality
B Consistency
C Integrity
D Objectivity
*03*
Product Q has the following costs per unit:
0 6
Materials 4 metres at £2 per metre
Labour 1.5 hours at £12 per hour
Overheads £4 per labour hour
Product Q has a selling price of total cost plus a 10% mark up
What is the selling price of Product Q?
A £28.60
B £32.00
.
C £33.00
D £35.20 [1 mark]
IB/M/Jun24/7127/2
, 7
Do not write
outside the
box
Which is the formula to calculate dividend cover? [1 mark]
0 7
Dividend per share
A × 100
Market price per share
Market price per share
B × 100
Dividend per share
Ordinary share dividends paid
C
Profit after interest and tax
Profit after interest and tax
D
Ordinary share dividends paid
*04*
Turn over ►
IB/M/Jun24/7127/2
, 8
Do not write
outside the
box
A manufacturer provides the following information:
0 8
Total fixed costs £360 000
Unit variable cost £20
Unit selling price £60
Forecast output 20 000 units
What is the margin of safety in units?
[1 mark]
A 9 000
B 11 000
C 14 000
D 15 500
IB/M/Jun24/7127/2
