AS & A Level Accounting (9706) — October–November 2024, Paper 41

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Question 1 · 25 marks · Budgeting and budgetary control

Read Source A in the insert. Explain two advantages of preparing a budget.

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Question 2 · 25 marks · Investment appraisal: internal rate of return

Read Source B in the insert. Explain how the internal rate of return (IRR) can be used to make a capital investment decision.

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