Junior Cert 2012: Business (HL) Paper One

Music4Life085

Business (HL) Paper One
Tuesday, June 12th
9.30 - 12.00

All discussion and questions about Business (HL) Paper One goes here.

Good Luck! !

nickys

Any predictions for what come up
My daughter is dreading it

xTwizLaH

I think the consumer will come up ( learn how to write letters and know the laws )

IrishLoriii

The only exam I have been nervous about so far is business
I know Im going to do sooo bad

16349 Ex No

i could have done great if they me a better business teacher. this is just what he does
E.g 1.somebody stabbed in class and the person who got stabbed got into trouble.

2. He let someone in class fall asleep (he was snoring) and his excuse:Its good for him

puttuporshutup

Budget
Club account
Economics
Consumer
People at work

Are likely in my opinion.

Cheerios

16349 Ex No wrote: »

i could have done great if they me a better business teacher. this is just what he does
E.g 1.somebody stabbed in class and the person who got stabbed got into trouble.

2. He let someone in class fall asleep (he was snoring) and his excuse:Its good for him

Um... What?

Cheerios

puttuporshutup wrote: »

Budget
Club account
Economics
Consumer
People at work

Are likely in my opinion.

Those are definite chapters though. ^.^

Paper 1. Section B:

Q1. Household Budget:
• Estimated
• Actual/difference
• Revised

Q2. Club Account:
• Accumulated Fund
• Receipts and payments account
• Bar trading account
• Income and expenditure account
• Balance sheet

Q3. Economics:
• National budget
• Foreign trade (balance of trade and payments)
• Economic growth/inflation/currency conversion

Q4, Q5 and Q6 can be taken from any of the following topics.
• Insurance (personal)
• Banking/borrowing/saving
• People at work/wages/being an employer/industrial relations
• Consumer
• Information technology
• Letter writing and reports for any of the above

Oozamine

Cheerios wrote: »

Those are definite chapters though. ^.^

Paper 1. Section B:

Q1. Household Budget:
• Estimated
• Actual/difference
• Revised

Q2. Club Account:
• Accumulated Fund
• Receipts and payments account
• Bar trading account
• Income and expenditure account
• Balance sheet

Q3. Economics:
• National budget
• Foreign trade (balance of trade and payments)
• Economic growth/inflation/currency conversion

Q4, Q5 and Q6 can be taken from any of the following topics.
• Insurance (personal)
• Banking/borrowing/saving
• People at work/wages/being an employer/industrial relations
• Consumer
• Information technology
• Letter writing and reports for any of the above

What about paper two? Thanks

Cheerios

Oozamine wrote: »

What about paper two? Thanks

Just so you know they weren't predictions, ahah. Sorry if I confused you! But I'll post what comes up on Paper 2 anyways.

Paper 2:

Q1. Book of First Entry:
• General journal, purchases book, sales book, purchases returns book, sales returns book, analysed cash book and trial balance.

Q2. Business Documents: (I may or have not forgotten what comes up >.> in business documents)

Q4. Final Accounts:
• Trading account
• Profit and loss acount
• Balance sheet

Q3, Q5 and Q6 can be taken from any of the following topics.
• Forms of business ownership
• Being an employer/industrial relations
• Analysed cashbook
• Channels of distribution
• Marketing/delivery systems
• Finance for business/cash flow forecast/business plan
• Business insurance
• Assessing a business/report writing
• Chain of production
• Petty cash
• Service firm accounts
• Farm accounts

Junokevv

Any predictions as to what type of Club Account is coming up?

Oozamine

I heard the one with the balance sheet but im not 100% sure

IloveConverse

If you're good at the accounts, do them!

Can't understand why people won't learn them off, and focus on them as guaranteed questions?

Half of paper two, in the bag.

sportalade

Don't know anything for it , Fail

Mophead9

I havnt a clue on anything

sportalade

Mophead9 wrote: »

I havnt a clue on anything :'(

Same sure who cares its only the JC

Shane15

I haven't been focusing on business at all the past few weeks and I'm really worried now. Predictions anyone? :P

Mophead9

sportalade wrote: »

Same sure who cares its only the JC

I should have listened in class haha ! Yea i know means nothing but i want a good enough mark in it and pass at least Dont know anything other than Short questions

sportalade

Mophead9 wrote: »

sportalade wrote: »

Same sure who cares its only the JC

I should have listened in class haha ! Yea i know means nothing but i want a good enough mark in it and pass at least Dont know anything other than Short questions

My teachers voice is quite irritating so I stopped listening .. bad idea! Yeah same, and the accounts bit in the short questions are so stupid I don't get them

Mophead9

sportalade wrote: »

My teachers voice is quite irritating so I stopped listening .. bad idea! Yeah same, and the accounts bit in the short questions are so stupid I don't get them

My teacher just doesn't like me so she doesnt try and teach me for the last 6 months or so :mad:

c0ccydynia

:eek:im dreading it to be honest,i used to love business but i dropped down a grade since accounting got introduced
anyone have any advice on what i should be cramming?
really regret not listening in class

SweetCaliber

Ah lads! That has to be the easiest paper ever in Business! Thank God

By the way, for GNP I put down Gross National Profit not Product, Will I still get half a mark?

nickys

lee3155 wrote: »

Ah lads! That has to be the easiest paper ever in Business! Thank God

By the way, for GNP I put down Gross National Profit not Product, Will I still get half a mark?

My daughter juts texted that is was easy ... She was delighted with it

iWin1010

Long questions were so easy. I mean did anyone else notice that they practically copied word for word the 2008 paper 1 Q3 National Budget question??
I did Q1,2,3 and 4 and I think I got most of them right.

Short q's weren't that bad but they through in a few tricky ones.
All in all it wasn't as bad as I thought it would be... :D:D:):)

Hannah_2012

It was easy enough! I did questions 1,4,5 & 6.

DaleHyland

I have a felling that they'll make a very tough marking scheme. 1089 for the budget,anyone?

blobcat

iWin1010 wrote: »

Long questions were so easy. I mean did anyone else notice that they practically copied word for word the 2008 paper 1 Q3 National Budget question??
I did Q1,2,3 and 4 and I think I got most of them right.

Short q's weren't that bad but they through in a few tricky ones.
All in all it wasn't as bad as I thought it would be... :D:D:):)

I agree, the long questions were simple for the most part, while the short questions were kind of in the middle for me.

Now for paper 2...

Hannah_2012

DaleHyland wrote: »

I have a felling that they'll make a very tough marking scheme. 1089 for the budget,anyone?

Yeah same, 1089 for the household budget.

nbarrog

1119 for the budget ???

DaleHyland

nbarrog wrote: »

1119 for the budget ???

You added on the car costs for July didn't you? I think it starts in August.

Hannah_2012

I think I made a mistake like that, I changed it though.. hopefully its 1089.

nbarrog

DaleHyland wrote: »

You added on the car costs for July didn't you? I think it starts in August.

Probably something stupid like that ... won't lose to many marks for that i wouldn't say 3 or 4 probably ... I done all six questions ... Is that OK ...

Shane15

nbarrog wrote: »

Probably something stupid like that ... won't lose to many marks for that i wouldn't say 3 or 4 probably ... I done all six questions ... Is that OK ...

How did you manage to do all 6 in that amount of time? :eek:

nbarrog

Shane15 wrote: »

How did you manage to do all 6 in that amount of time? :eek:

Flew through Household Budget (REGRET IT NOW) maybe only 10 minutes with just one minor mistake

Flew through Club Account

Question 3 was TOO EASY

Question 5 was rather easy also



Done all this by 11 o'clock and was the last one in the exam centre ... Was about to leave and said whats the point


Then did question 4 pretty easy too ... Letter about 1 page short questions then in (B) were fine

Then had 30 mins left did Q6. Superintndent probably getting really annoyed at this stage only having to look after me for the last hour

Four quick terms, three responsibilities, IT Skills (took me a while) and Gross Wage was easy as pie


Messed up Q1 and Q2 which I am usually good at
Done really well in Q3-Q6 which I am usually really bad at

Overall delighted

SweetCaliber

I got €1029 for the Household Budget I think, I thought it was right because both figures were matching at the end of it, then again, My teacher never told us how to verify the right answer :P

nbarrog

lee3155 wrote: »

I got €1029 for the Household Budget I think, I thought it was right because both figures were matching at the end of it, then again, My teacher never told us how to verify the right answer :P

You probably made a similar mistake to mine ... Mine balanced but was wrong as did yours ... You more than likely made the same mistake twice and they probably cancelled each other making it balance ...

TheZestyLemon

I did Q. 1,2,5 and 6.

It was easy enough, although I found the short questions hard. I had spare time in the end, about 30 mins.

LaMwa996

OMFG ALL MY ACCOUNTS BALANCED!!! I have balanced an an account since.....ever!!

Cheerios

LaMwa996 wrote: »

OMFG ALL MY ACCOUNTS BALANCED!!! I have balanced an an account since.....ever!!

Omg me too! I don't think I've ever actually balanced an account properly (even though I know how to do the questions). I was delighted with myself!

Business was so easy! My second worst subject. ^^

iliketwixbars

nbarrog wrote: »

Done all this by 11 o'clock and was the last one in the exam centre ... Was about to leave and said whats the point

You were the only one left in the exam centre at 11 o'clock?!...with an hour to go?:eek:

ektec

iliketwixbars wrote: »

You were the only one left in the exam centre at 11 o'clock?!...with an hour to go?:eek:

same here! I have been the last one in every exam... 1 one person left in any exam... with 1 hour or over left

Junokevv

I thought it was grand All accounts balanced, geetttt innn !

ektec

I got the budget right ...it balanced.. i also got the trading profit and loss right..how many marks have i got? :P

theCRAIG

being honest

Paper I was easy enough..but a challenge...easy marks all round..forget q1 (b) though ;(

Paper II was a bit more challenging..too many accounts i think..and no People AT WORK!:(

Junokevv

430200 for the capital employed?
Something like 21495 for club accounts?
Something like 38940 for Cashflow?

rm212

Shane15 wrote: »

How did you manage to do all 6 in that amount of time? :eek:

It wasn't that long, I did all 6 and left 35 minutes early XD

ButtonBox

That was easy, thank god!
Did 5 questions, got all of the short ones, and finished with about half an hour to spare.

OwlYouNeed

Nice paper. Got all six long questions and all short questions done with 20 minutes still to spare.

AnnaTorvFan

Found this paper really easy, answered all 6 long q's + short q's with 45 mins left to go

rm212

AnnaTorvFan wrote: »

Found this paper really easy, answered all 6 long q's + short q's with 45 mins left to go

Did the same myself, found this and paper 2 very straightforward.

AnnaTorvFan

rm212 wrote: »

Did the same myself, found this and paper 2 very straightforward.

Agreed,
I could only do 4 of them on paper 2 due to the time restriction on the ledger (had to re-do it from scratch)..but yes. compared to other years, especially short question wise, this was 'piss'.