Users of accounting information: past paper questions
Real questions on users of accounting information
The newest 20 of 35 written questions. Open one to see it on the real paper.
- 9706/23 · October/November 2025 · Q1e[7]
Advise the partners which option they should choose. Justify your choice by discussing both the advantages and disadvantages of each option.
See it on the paper → - 9706/22 · May/June 2025 · Q4f[7]
Advise the directors which option they should choose. Justify your choice by discussing both financial and non-financial factors for each option.
See it on the paper → - 9706/33 · May/June 2025 · Q1a[3]
Explain why the club adopts the policy of spreading life membership fees over ten years equally.
See it on the paper → - 9706/33 · May/June 2025 · Q1b[4]
Calculate the profit/loss from operating the vending machine for the year ended 31 December 2024.
See it on the paper → - 9706/33 · May/June 2025 · Q1c[9]
Prepare the income and expenditure account for the year ended 31 December 2024.
See it on the paper → - 9706/33 · May/June 2025 · Q1d[4]
Prepare a statement showing the changes in the accumulated fund during the year ended 31 December 2024. Additional information The tenancy of the club’s premises will end on 31 December 2025. The landlord has indicated that the tenancy will not be renewed. The managing committee is considering purchasing the club’s own...
See it on the paper → - 9706/33 · May/June 2025 · Q1e[5]
Advise the managing committee whether or not Meena’s offer should be accepted. Justify your answer.
See it on the paper → - 9706/21 · October/November 2024 · Q3b(ii)[1]
State how the interest-free loan would be shown in the statement of financial position at 30 June 2024. Additional information Clarissa has been advised that she should consider charging depreciation on the reducing balance method rather than the straight-line method.
See it on the paper → - 9706/22 · February/March 2024 · Q1c[2]
State two factors that directors should take into account when declaring a dividend. Additional information The directors wish to improve the company’s performance. They are considering two options. Option A: Delaying payments to credit suppliers by an extra eight days. Option B: Switching to a new supplier who is prep...
See it on the paper → - 9706/22 · February/March 2024 · Q1d[7]
Advise the directors which option they should choose. Justify your choice by considering the effect on both profitability and liquidity.
See it on the paper → - 9706/23 · October/November 2023 · Q1c[5]
Advise the directors which option they should choose. Justify your answer.
See it on the paper → - 9706/23 · October/November 2023 · Q2d[5]
Advise Alex whether his understanding is correct. Justify your answer.
See it on the paper → - 9706/31 · October/November 2023 · Q1e[3]
State three other reasons a limited company has for preparing a statement of profit or loss.
See it on the paper → - 9706/31 · October/November 2023 · Q3b[8]
Discuss how shareholders are likely to view the changes in the company’s capital employed which would have taken place during the year. Calculations are not required. Your answer should consider separately each element of capital employed.
See it on the paper → - 9706/33 · October/November 2023 · Q2d[2]
Suggest two other ways in which the financial performance of the club could be improved. Additional information The treasurer, Sabrina, has only held that position since 1 January 2022, when the previous treasurer, Joe, left the area. There were rumours that Joe had left taking some of the club’s money with him. Sabrin...
See it on the paper → - 9706/33 · October/November 2023 · Q2e[5]
Advise the managing committee whether or not the financial statements should be audited. Justify your answer.
See it on the paper → - 9706/22 · May/June 2023 · Q1f[7]
Advise the directors which option they should choose. Justify your choice by discussing both options.
See it on the paper → - 9706/31 · May/June 2023 · Q3d[3]
Explain the importance of a true and fair view opinion in the auditor’s report.
See it on the paper → - 9706/33 · May/June 2023 · Q1e[5]
Advise whether or not J Limited should continue the expansion strategy. Justify your answer.
See it on the paper → - 9706/31 · October/November 2022 · Q3e[2]
Explain why the date of publication affects the usefulness of AB plc’s financial statements.
See it on the paper →
What examiners said
Required candidates to advise the directors whether they should raise additional finance by making a rights issue of shares or by the issue of a further debenture. This was well attempted by most candidates with good points raised for both options and most then offered valid advice based on their own comments.
— Examiner report, October/November 2023, 9706/23 Q1(c) (Cambridge)
Candidates were asked to advise the trader whether comparing his business results with various other businesses would show him how successful his own business was. There were several good answers with many discussing the need for comparing similar businesses comparable size, the same business sector, etc. in order to be useful.
— Examiner report, October/November 2023, 9706/23 Q2(d) (Cambridge)
Performance was varied on this question. Only few candidates were able to state three reasons for the preparation whilst some were not able to state any reasons.
— Examiner report, October/November 2023, 9706/31 Q1(e) (Cambridge)
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