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HL Paper 1 Section A short questions answers
by SryanBruen Junior Cert Business Studies — 15/06/16 37

1. ATM = Automated Teller Machine CT = Credit Transfer DD = Direct debit 2. You could have a million examples for this haha. Communication - Raidió Teilifís Éireann (RTÉ), An Post, Bord na Móna, TG4 Transport - Iarnród Éireann, Dublin Bus, Córas Iompair Éireann, Bus Éireann Production - Bord na Móna, Ervia (Bord Gáis - accepted) 3. (i) 33,000 (ii) 54,000 (iii) 87,000 4. 26 times 5. Suppliers, staff details, name of business, contact details etc 6. (i) Cash (ii) J. McCarthy (iii) J. McCarthy (iv) Cash 7. I am actually unsure of this question 8. Assess customers’ creditworthiness and set appropriate credit limits. You can ask new customers for trade references or pay for an online credit check. 9. Advertising (Profit & Loss A/c) Stock (31/12/2015) (Trading A/c and Balance Sheet) Issued Share Capital (Balance Sheet) 10. - Collect union subscriptions - Represent the workers who are in his / her trade union 11. Buildings - Dr side with 211,100 Debtors - Dr side with 44,800 Dr side = 255,900 Cr side = 255,900 Ordinary share capital = 255,900 - 6,600 = 249,300 - Cr side 12. A franchise is an authorisation granted by a government or company to an individual or group enabling them to carry out specified commercial activities, for example acting as an agent for a company's products. E.g. McDonalds, KFC, Burger King, Pizza Hut. 13. 758.93 euro 14. - To find out if a profit or loss has been made - To find out which part of the farm business is more profitable - To calculate tax liabilities - To collect information for government or EU grants - To give information when applying for a loan 15. (i) 2% (ii) Consumer Price Index 16. - Require a credit application - Check publicly available information - Use credit evaluation tools 17. 1 - C 2 - A 3 - D 18. Date - 9 May 2016 Details - Blue Ltd CN No. - 10 F - DL1 (small 1) Net - 2,300 VAT - 529 Total - 2,829 19. (i) 12,000 (ii) Retained profit / Reserves / Retained earnings (iii) 62,500 20. (i) Primary (ii) Tertiary (iii) Secondary Feel free to argue with my answers and post an answer for Q7.


37 Comments
Theresa_3825 — 14/06/16
For q6, can you say sales? And for q5, I thought the 5 business account heading were Final Accounts, History of Business, Marketing, Cash Flow Forecast and Cost but maybe this only applies for loans because I learned it off the the borrowing a company chapter. Do you remember what q7 was?
DONALD J. TRUMP — 14/06/16
Could you say An Post for transport? It kind of is?
Theresa_3825 — 14/06/16
*business plan. And how did you get q19. I got that wrong.
SryanBruen — 14/06/16
Theresa, the papers are available on the SEC site now. No sorry, it's either Cash or Bank.
SryanBruen — 14/06/16
You find the less dividends by multiplying the rate by the issued share capital and then take away the figures.
SryanBruen — 14/06/16
Mmmm yeah An Post is kind of.
Johnobrien2k13 — 14/06/16
no, theresa is right, its j mccarthy, sales, sales, j mccarthy
SryanBruen — 14/06/16
Yeah I just realised that. Thanks for correcting me.
Sarah2014 — 14/06/16
could you say Fáilte Ireland (communication) for Q2?
SryanBruen — 14/06/16
Yes
rwa1 — 14/06/16
OMGG YES FOR THAT COMMUNICATION QUESTION I JUST GUESSED IT AND GOT IT RIGHT WOO
Sarah2014 — 14/06/16
I didn't get franchise. is that in your business book? its not in mine
rwa1 — 14/06/16
yay got them all right :] thanks for posting these
SryanBruen — 14/06/16
Yes it is Sarah. It's in Marketing.
Sarah2014 — 14/06/16
its not in my book I checked
SryanBruen — 14/06/16
What is your book called?
Sarah2014 — 14/06/16
I cant remember haha I handed it up today but its purple
SryanBruen — 14/06/16
Probably Business Studies For Households & Enterprises then.
Orlamariaflanagan — 14/06/16
The purple one is €urobusiness
SryanBruen — 14/06/16
I have Eurobusiness but it's blue. If it's purple, you probably have the second edition of the book. The blue version is the third edition.
Sarah2014 — 14/06/16
oh right thank you :)
ballet — 14/06/16
What was the balance for the final account ??
donalnoc32 — 14/06/16
could you say esb for production?
SryanBruen — 14/06/16
I forgot my answer ballet sorry. Yes donalnoc32
Elisha447 — 14/06/16
Could you say eircom for communication of state
SryanBruen — 14/06/16
Yes
Orlamariaflanagan — 14/06/16
Sryan Bruan how many marks would you say that you would loose if you got the part in business documents wrong where you have to calculate how much refund she will get.. I put down 800 but others are saying like 688.80 or something
SryanBruen — 14/06/16
Approximately 4-7 marks, no higher or lower.
mazink0204 — 14/06/16
it was a 25 mark answer so more than 4-7
Orlamariaflanagan — 15/06/16
Yes that's what I was thinking considering it was a 25 mark question for the three parts.. But it was only one part I suppose
xroisinx — 15/06/16
Can you please post something like this but for history HL
Jack_3944 — 15/06/16
Yes history would be great
Jack_3944 — 15/06/16
Yes please
xroisinx — 15/06/16
Also have you any predictions for science?
SryanBruen — 15/06/16
Well in reality, Science is impossible to predict as there is no choices and absolutely anything could come up. However, I have made this document for you. It shows all the experiments since 2011 have come up and it shows if the experiment came up in a certain year since then. You can predict yourself by seeing how often or when was the last time it came up.
SryanBruen — 15/06/16
I don't do HL History.....
xroisinx — 15/06/16
Thanks for the science!
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