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Taetae Essay

  • Submitted by: qhofr5169
  • on December 6, 2011
  • Category: Arts and Music
  • Length: 5,095 words

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Below is an essay on "Taetae" from Anti Essays, your source for research papers, essays, and term paper examples.

M08/3/BUSMT/SP2/ENG/TZ0/XX/M+

MARKSCHEME
May 2008

BUSINESS AND MANAGEMENT

Standard Level

Paper 2

21 pages

–2–

M08/3/BUSMT/SP2/ENG/TZ0/XX/M+

This markscheme is confidential and for the exclusive use of examiners in this examination session. It is the property of the International Baccalaureate and must not be reproduced or distributed to any other person without the authorization of IB Cardiff.

–3– 1. (a) (i) State in your answer booklet the values for: • net cash flow in October • closing balance in October • closing balance in November • net cash flow in December. September Inflows Fees Registration Total A Outflows Salaries Expenses Total B A-B Opening bank balance Closing bank balance 32 000 32 000 9500 20 000 29 500 2500 15 000 17 500 October 32 000 48 000 80 000 9500 20 000 29 500 50 500 17 500 68 000

M08/3/BUSMT/SP2/ENG/TZ0/XX/M+

[4 marks] December 0 0 9500 20 000 29 500 (29 500) 70 500 41 000

November 32 000 32 000 9500 20 000 29 500 2500 68 000 70 500

[4 marks] The answers are completely accurately. No mistakes are made. [2 to 3 marks] The answers are essentially accurate but one mistake is made for [3 marks]. [1 mark] The answers are inaccurate, showing only a basic knowledge of cash flow. There are two or more mistakes.

–4–

M08/3/BUSMT/SP2/ENG/TZ0/XX/M+

(ii)

Comment on the cash flow position of the Cochabamba Academy. Essentially the cash flow situation is positive, since there are no months in which the school has to use the overdraft facility of the bank. It does not need to borrow. It seems that expenses are rather high for the two months when there are no students. If they could keep expenses down during those months, cash flow could improve. The registration fees are necessary to provide the buffer to face the difficulty of the months with no inflows. [3 to 4 marks] The cash flow situation is clearly commented on. Attention is paid to the months without inflow, and to the buffer effect of...

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  • Submitted by: qhofr5169
  • on December 6, 2011
  • Category: Arts and Music
  • Length: 5,095 words
  • Views: 377
  • Popularity Rank: 429721
  • 1 rating(s)

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