How to pass Accounting mock

Bassfacewhy

So Accounting is my worst subject (doing HL) but when I know what to do I can do alright in it (got like 70something in summer test by studying questions teacher said are coming up)

So calling all HL accounting students.

What do I need to do to pass accounting mock?? (im not doing q1's)
-cash flow
-debtor/creditor control
-intepretation of accounts
-published accounts
-Club accounts (we're doing now)
Anything else?????

I know you have to do q8 or q9 too, which one is easier in your opinion?

Also please just helpful comments if you can, I get patronised enough as is!! Thanks

cathalio11

It is a must to learn Control Accounts by heart. It can be such a handy question and it looks set to come up. Have to learn the theory with it. The exam has a lot more theory than it used to.

Interpretation comes up every year so there's another one that you should be looking for marks from.

Revaluation, Service Firms and Production Budgets all have a good chance at coming up too.

So I'd focus a lot on them and then make sure you have a few more questions prepared as a safeguard.

Calvin

I'm doing question 8 at the moment, marginal costing. I find it ridiculously easy to understand. For me, I'm going to do question 8s, unless question 9s are a lot easier.

If you're intending on doing interpretations, you'll have to know your stuff really well. Examiners tend to mark hard on it because it is a guaranteed question.

Good luck!

EliteC

INterpretation are easy as they are repetitive. ONce you know what to do it's all the same.
Question 8 is by far the easiest as really you need to sove for x. Remember: Sales-Variable Costs-Fixed Costs=Profit