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30th May Mocks Mocks – Paper 2

2. 10th Jan Unit 3 3.2 Costs and Revenue

3. 17th Jan Unit 3 3.3 Break – even analysis

4. 24th Jan Unit 3 3.3 Break-even analysis

5. 31st Jan Unit 3 3.4 Final Accounts • Costs • Revenue • 3.2 Case Study Exam

Practice

• Break-even chart • Calculating breakeven • Effects of changing prices/ costs Practice case study

• Break-even questions • Break-even practice • 3.3 Case Study exam practice • February Assessment • Profit and Loss

Accounts • Profit and Loss

Accounts Practice case study

Summative February Assessment (Unit 3 content to date). Paper 2 style structured response

6. 7th Jan Unit 3 3.4 Final Accounts • Assessment Feedback • Balance Sheet • Balance Sheet To what extent is mathematics a vital input in knowing the costs and revenues of a business?

What you measure is what you get. What, if anything, does this tell you about the role of measurable objectives in business decision making?

Do results obtained from quantitative methods always outweigh qualitative ones?

Many businesses are introducing statements about their environmental, social or ethical performance together with other financial information. How can we efectively measure these social variables?

Do financial statements reflect the truth about a business?

What role does interpretation play in accounting? For example, how can we compare businesses just by looking at their financial statements?

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