Junior Cert Business Exam

cfc.forever

Are you prepared? What do you anticipate on coming up? Anything relevant to the business exam can be posted here whether its paper 1 or paper 2

Lost In Confusion

I'm excited but I don't want to be so I can study for it all I did today was watch tv and post on boards. I have a feeling industrial relations is coming...

finisher489

I'm pretty sure Bank Reconciliation Statement is coming up in Paper 1.

It actually hasn't come up in ages... Properly 9-10 years and also our brilliant teacher spent a lot of time on it and taught it to us like 4 or 5 times which is amazing because a lot of people forget small little facts or details in Business completely after about a few months.

Also guys, the Business marking schemes are friggin awesome, they have complete solutions for every single question from 2008-2012 so make good use of them. Great for both accounting questions and theory.

And guys, don't neglect the short questions because they are worth as much as 2 long questions.

PAPER 1
Household Budget
Club Accounts
Economics

Paper 2
Books of First Entry
Business Documents
Trading P+L

zubikhan

finisher489 wrote: »

I'm pretty sure Bank Reconciliation Statement is coming up in Paper 1.

It actually hasn't come up in ages... Properly 9-10 years and also our brilliant teacher spent a lot of time on it and taught it to us like 4 or 5 times which is amazing because a lot of people forget small little facts or details in Business completely after about a few months.

Also guys, the Business marking schemes are friggin awesome, they have complete solutions for every single question from 2008-2012 so make good use of them. Great for both accounting questions and theory.

And guys, don't neglect the short questions because they are worth as much as 2 long questions.

PAPER 1
Household Budget
Club Accounts
Economics

Paper 2
Books of First Entry
Business Documents
Trading P+L

Household Budget
Club Accounts
Economics

Paper 2
Books of First Entry
Business Documents
Trading P+L

Are these the definate ones

finisher489

zubikhan wrote: »

Household Budget
Club Accounts
Economics

Paper 2
Books of First Entry
Business Documents
Trading P+L

Are these the definate ones

Yes

teach88

Just going on trends, Insurance is due up on Paper 1 and Marketing and Assessing a Business (ratios) are both due for Paper 2

ash182

Is it weird I'm excited for business...? It's the subject I'm most confident in so I think (hope) I'll do well, it's pretty predictable, any tips for short questions though?

zubikhan

ash182 wrote: »

Is it weird I'm excited for business...? It's the subject I'm most confident in so I think (hope) I'll do well, it's pretty predictable, any tips for short questions though?

Trust me it is not really weird at all
I swear down to you that I have only studied
1st year business,
Household Budget,
Club Accounts,
Economics,
Business Documents,
Trading P+L,
and for short questions I would say I probably do all short questions before the night of the exam and I would have a clear memory of what the type of questions that could come up
You said it is very predictable ?? what do you think will come up for p1 section B ???

Cr4pSnip3r

I haven't done any business and if ratios come up then I'm pretty much doomed. It's a good thing I'm good at accounting.

zubikhan

Cr4pSnip3r wrote: »

I haven't done any business and if ratios come up then I'm pretty much doomed. It's a good thing I'm good at accounting.

well I bet you, you have done more then me

zubikhan

My friend is saying people at work ?? come up every year is that true

cfc.forever

No but they do come up quite frequently and I'm predicting they might very well come up this year

zubikhan

So will it definitley come up this year

Cr4pSnip3r

zubikhan wrote: »

So will it definitley come up this year

cfc.forever wrote: »

No but they do come up quite frequently and I'm predicting they might very well come up this year

...........

zubikhan

Cr4pSnip3r wrote: »

...........

Yeah, because I was looking it up and they have come straighg in the past 6 years but the only reason I find that confusing is that why do not people include it in the definite questions for business like finisher did, he/she did not include it for definite questions :eek:

Cr4pSnip3r

zubikhan wrote: »

Yeah, because I was looking it up and they have come straighg in the past 6 years but the only reason I find that confusing is that why do not people include it in the definite questions for business like finisher did, he/she did not include it for definite questions :eek:

I suppose, are definite questions acknowledged as definite by the SEC? If so, then even if People at Work has come up consistently, if it isn't acknowledged by the SEC, then it may not come up, even if the past patterns state otherwise.

MJ434

Any more predictions?

MmmPancakes

MJ434 wrote: »

Any more predictions?

Stuff that comes up in the SQs every year
General Journal
Ledger
Sales/Purchase/Returns book
Economic growth/imprest, that sort of small calculation
Initials, WWW etc
Debtor's/Creditor's control

finisher489

zubikhan wrote: »

Yeah, because I was looking it up and they have come straighg in the past 6 years but the only reason I find that confusing is that why do not people include it in the definite questions for business like finisher did, he/she did not include it for definite questions :eek:

Becuase it doesn't always come up as a full question e.g. 2012 and also sometimes it comes up either in Paper 1 and Paper 2

Masterful Sponge

Just my predictions for this year:
P1:
Household budget
Methods of payment, banking documents
Economic framework, inflation
National budget
People at work
Club accounts

P2:
Marketing
Business documents
Books of first entry, ledgers
Final accounts
Monitoring overheads
Report/letter writing

Hope this helps

Lost In Confusion

what is excise duties?

Bazinga_N

Lost In Confusion wrote: »

what is excise duties?

Tax on goods the government want to discourage consumers from buying, e.g. cigarettes, alcohol, petrol


My Hopes for tomorrow:

Paper One:

• Budget
• Economics
• Club Account
• People At Work

Paper Two:

• Final Accounts (TPL)
• Business Documents
• Delivery Systems
• Marketing
• Private Companies or Ratios

Masterful Sponge

Lost In Confusion wrote: »

what is excise duties?

The taxes charged by the government on things such as petrol, alcohol and cigarettes

examstress

Is debt servicing ibcome ir expen. For the gov ?

sotisme

examstress wrote: »

Is debt servicing ibcome ir expen. For the gov ?

Debt servicing is repaying the interest on the national debt

examstress

Here peoples bank reconcilliation isnt in papers what do I do

greenpyjamas

Avoiding accounting like the plague, wouldn't trust myself to do it in an exam. Although I love Budgets

examstress

greenpyjamas wrote: »

Avoiding accounting like the plague, wouldn't trust myself to do it in an exam. Although I love Budgets

Same I hate accounting ! IM doing econ

greenpyjamas

examstress wrote: »

Same I hate accounting ! IM doing econ

Yeah hope an economics q comes up in the exam, not sure whether to do it for leaving cert. I've put down Geography but I'm not really too fussed about that :L

examstress

greenpyjamas wrote: »

Yeah hope an economics q comes up in the exam, not sure whether to do it for leaving cert. I've put down Geography but I'm not really too fussed about that :L

Im doing geography. And economics ..hate science

Niallh98

I am absolutely screwed for tomorrow. I have done minimal work all year and I absolutely hate the subject. On the bright side, this time tomorrow I'll be finished business forever!

MmmPancakes

I love accounting and am doing all the questions I can on it :P

Quick question on ledgers, it's only vat, sales, purchases that are on the end of the month, everything else is the actual date right?

greenpyjamas

examstress wrote: »

Im doing geography. And economics ..hate science

I wanted to do chemistry but I ad already picked History out of the same group -.-

examstress

MmmPancakes wrote: »

I love accounting and am doing all the questions I can on it :P

Quick question on ledgers, it's only vat, sales, purchases that are on the end of the month, everything else is the actual date right?

Then you can help me creditors/debtors control accounts ..please explain and p.2 q.1 as well

DUBLINHITMAN97

Can anybody link me with some revision notes?

MmmPancakes

examstress wrote: »

Then you can help me creditors/debtors control accounts ..please explain and p.2 q.1 as well

Creditors control - Purchases and balance on credit side, other giure on debit side, then balance from there

Debtor's control - Balance and Sales on debit side, other figure on the credit side, and then balance it.

Very simple

greenpyjamas

I have a tip for accounting :

P. S : Purchases are always on the left, Sales on the right in accounts.

AlanS181824

Hi, my apologies if there's a thread similar to this, if there is I didn't see it.
I've higher level Business tomorrow and I'm sort of at a loss,
I need to cram....badly!
I never really learned that much because my teacher was never in.
So anyway if anyone has any study tips for business that would be great.
Also, best way (in your opinion) to cram?
Thanks!

DottiSka

Welp. Totally buggered for this exam tomorrow. I failed Ordinary Business in the mocks. I just never took an interest in the subject. Anything I can/should learn? I need help please. ;~;

chocolate98

zubikhan wrote: »

My friend is saying people at work ?? come up every year is that true

most years!always on paper 1:cool:

Cr4pSnip3r

MmmPancakes wrote: »

I love accounting and am doing all the questions I can on it :P

Quick question on ledgers, it's only vat, sales, purchases that are on the end of the month, everything else is the actual date right?

I hate Club Accounts. Love the rest of Accounting.

DUBLINHITMAN97

I'm not going to do the Trading Profit and Loss accounts, can't do them at all

chocolate98

does anyone have any tips for the accounting in club accounts tryin to study them now?????

raymk111

Theres a great chance ratios come up this year .. didnt come up last year and dey are usually regular i have dem like da back of me hed , business COME AT ME i suppose its probly a strong subject for me haha

raymk111

DUBLINHITMAN97 wrote: »

Can anybody link me with some revision notes?

http://sgcbusiness.files.wordpress.com/2009/10/summary-of-ratios1.pdf
its gonna come up

DUBLINHITMAN97

raymk111 wrote: »

http://sgcbusiness.files.wordpress.com/2009/10/summary-of-ratios1.pdf
its gonna come up

Thank you!

Pwee2029

chocolate98 wrote: »

does anyone have any tips for the accounting in club accounts tryin to study them now?????

Study the accumalated fund, income and expenditure account and the receipts and payments account. 2 of those will come up. The balance sheet came up last year and the bar trading account the year before, they aren't likely to come up again.

zubikhan

Pwee2029 wrote: »

Study the accumalated fund, income and expenditure account and the receipts and payments account. 2 of those will come up. The balance sheet came up last year and the bar trading account the year before, they aren't likely to come up again.

They are usually the easiest, thanks
I really wanna ace that test, so far I have not been delighted with my tests so far
English D
Maths B
Geog A/B
Cspe A
Utterly disgrace :mad::mad::mad:

chocolate98

zubikhan wrote: »

They are usually the easiest, thanks
I really wanna ace that test, so far I have not been delighted with my tests so far
English D
Maths B
Geog A/B
Cspe A
Utterly disgrace :mad::mad::mad:

you are jokin????????????????????how is that adisgrace????????????????:eek:

cfc.forever

Trust me your results are good, at least you're being honest with your results and not acting like a smart arse, like some people here, oh if I don't get an A, I'm a failure. We all know reality, yes there are few people who get A's but some people just want a little bit of a confident boost. You're results are not terrible and good, don't let anyone put you down put. Also, not everyone is good with academic subjects, what your future holds is a different story. Your Junior Cert is just a stepping stone for your Leaving Cert.

Niallh98

As screwed as I was for today, I somehow managed to get the balance sheet