Junior cert business

1niamh1

Does anyone have any idea what might come up for the long questions in paper 1 and 2? I'm doing all the guarnteed questions and I'm really aiming for an A, any advice?

Mldj

P1 Definite: Budget, Club Ac
P1 Prediction: Consumer, economics, banking, insurance

P2 Definite: Books of First Entry, Business Docs, Final Ac
P2 Prediction: Ratio Assesment, Cash flow forecast, Delivery

I think that consumer, economics, cash flow and ratios are the most likely predictions to come up. Came up in 3 seperate mock papers.

Wouldnt advise doing First Entry. I love accounting, but it is too problematic.

Revise control ac, general ledger and T ac for paper 1 short q. Also learn how to convert between T and continuous balance. Has rarely come up, but our business teacher told us to watch out for it.

GOOD LUCK!!!😄

abutler101

I would just ad to the above post that Q3 in P1 is always very similar I.e economics, national budget, trade, exchange rates.

I would recommend doing the final accounts if you get good at them. They have been making them easier for the last few years

Personally I am hoping for banking in P1 as well, the question they ask on it is the same one every time it comes up.

1niamh1

Thanks so much to both of you! That's really helpful x

mmacdee

convert between T and continuous balance - what is this anyone ?

Mldj

mmacdee wrote: »

convert between T and continuous balance - what is this anyone ?

In a T ac, theres a debit side and a credit side (like in the general ledger). Continuous balance has a debit column and a credit column (like in a bank statement.) If you look at the control acs from the past years you can see the layout of both. Hardly comes up. Wouldnt worry tbh.