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Wednesday, 13 June 2018

2018 Neco Account Expo/Runs | Real Financial Accounting Obj & Theory Answers | June/July Expo

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2018 Neco Account Expo/Runs | Real Financial Accounting Obj & Theory Answers | June/July Expo



ACCOUNT OBJ:
1-10: DCEBDACCED
11-20: EBDDAECECB
21-30: AEAADCEDEB
31-40: CEBACDDCAA
41-50: BCECAAEDDB
51-60: EBACAAEBDC
=======================================
F/Account-Theory Answers:

1a)
i)Higher Supplier Costs One of the simplest factors that can lead to declining margin is higher costs of goods sold. Over time, your suppliers naturally want to increase their own revenue and margins. Their own costs to produce or supply may go up. These factors may lead to them negotiating or simply charging you
higher rates on goods. 

ii)Lower Prices: Lowering your prices to generate sales can also reduce gross profit margin. While you may get a sale, large price cuthe minimize the grimaget profit you get on it. Over time, maintaining a strong brand ima allows you to maintain stable price points, or that increase prices. If you constantly discount, you run the risk that customers get familiar with the price declines and won't pay top rates.

iii) Intense Competition: New competitors or increased rivalry from competitors also timpact your gross profit margin. The more attractive customer offerings become to the market, the more difficult it is to get customers to pay desirable prices for your solutions.










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