Cambridge International AS & A Level Accounting 9706-12 Paper 1 MCQs Feb March / 2026 Exam Prep Questions and Answers PDF

Cambridge International AS
Cambridge
& A LevelInternational
Accounting AS
970612
Cambridge
& A Level
– Paper
International
Accounting
1 MCQs AS
970612
(FebMarch
& A Level
– Paper
2025).pdf+_(_)@(@$&*_@@$_)+@@@$$$$$$$$$$$$+__________
Accounting
1 MCQs 970612
(FebMarch
– Paper
2025).pdf
1 MCQs (FebMarch 2025).pdf




Cambridge International AS & A Level

ACCOUNTING 9706/12
Paper 1 Multiple Choice February/March 2025
1 hour

You must answer on the multiple choice answer sheet.
*4280102598*




You will need: Multiple choice answer sheet
Soft clean eraser
Soft pencil (type B or HB is recommended)

INSTRUCTIONS
 There are thirty questions on this paper. Answer all questions.
 For each question there are four possible answers A, B, C and D. Choose the one you consider correct
and record your choice in soft pencil on the multiple choice answer sheet.
 Follow the instructions on the multiple choice answer sheet.
 Write in soft pencil.
 Write your name, centre number and candidate number on the multiple choice answer sheet in the
spaces provided unless this has been done for you.
 Do not use correction fluid.
 Do not write on any bar codes.
 You may use a calculator.


INFORMATION
 The total mark for this paper is 30.
 Each correct answer will score one mark.
 Any rough working should be done on this question paper.




This document has 12 pages. Any blank pages are indicated.


03_9706_12_2025_1.15a
© UCLES 2025 [Turn over




Cambridge International AS
Cambridge
& A LevelInternational
Accounting AS
970612
Cambridge
& A Level
– Paper
International
Accounting
1 MCQs AS
970612
(FebMarch
& A Level
– Paper
2025).pdf
Accounting
1 MCQs 970612
(FebMarch
– Paper
2025).pdf
1 MCQs (FebMarch 2025).pdf

, Cambridge International AS
Cambridge
& A LevelInternational
Accounting AS
970612
Cambridge
& A Level
– Paper
International
Accounting
1 MCQs AS
970612
(FebMarch
& A Level
– Paper
2025).pdf+_(_)@(@$&*_@@$_)+@@@$$$$$$$$$$$$+__________
Accounting
1 MCQs 970612
(FebMarch
– Paper
2025).pdf
1 MCQs (FebMarch 2025).pdf

2


1 Which statement explains the realisation concept?

A A business recognises sales revenue when it delivers the goods to a credit customer.
B A business recognises sales revenue when it receives an order from a credit customer.
C A business recognises sales revenue when it receives cash from a credit customer.
D A business recognises sales revenue when the customer sells the goods onwards.


2 On the first day of a financial period, before trading started, a business owner introduced her
personal items to the business, consisting of goods costing $5000.

Which entries should have been made to record this?


account debited account credited

A drawings purchases
B inventory capital
C inventory drawings
D purchases capital


3 Why might a business adopt a computerised accounting system?

1 to ensure that the accounting records are free from error
2 to ensure that the accounting records are free from fraud
3 to ensure that the accounting records are arithmetically accurate

A 1 and 2 B 1 and 3 C 2 and 3 D 3 only


4 A company’s profit for the year is $20 000. Capital income of $5000 has been treated as revenue
income. Capital expenditure of $4000 has been treated as revenue expenditure.

What is the correct profit for the year?

A $11 000 B $19 000 C $21 000 D $29 000




© UCLES 2025 03_9706_12_2025_1.15a



Cambridge International AS
Cambridge
& A LevelInternational
Accounting AS
970612
Cambridge
& A Level
– Paper
International
Accounting
1 MCQs AS
970612
(FebMarch
& A Level
– Paper
2025).pdf
Accounting
1 MCQs 970612
(FebMarch
– Paper
2025).pdf
1 MCQs (FebMarch 2025).pdf