The syllabus covers basic principles of accounting, developing both a knowledge of the subject and encouraging understanding, analysis and evaluation. Learners cover topics such as double-entry bookkeeping, the cash book, general journal and ledger, and how to make a trial balance.
Learners also consider issues such as capital and revenue expenditure, adjustments to ledger accounts, the correction of errors, control accounts, and the purchase of a business. The syllabus is wide-ranging and also covers topics such as balance sheets, the operation of partnerships, selected ratios and the preparation of final accounts.
This syllabus enables learners to acquire knowledge of basic statistical ideas, methods and terminology. Study of the content of the syllabus enables learners to represent and use statistical data in graphical, diagrammatic and tabular forms, interpret statistical statements, calculations and diagrams, perform statistical calculations accurately and acquire knowledge of elementary ideas in probability.
Cambridge O Level Statistics provides a suitable foundation for further study in the subject, as well as developing concepts which are relevant in a wide range of other subjects.
The Cambridge O Level Economics syllabus develops an understanding of economic terminology and principles, and of basic economic theory. Learners find out about the economics of developed and developing nations and how these interrelate. They will also learn to handle simple data and undertake economic analysis, evaluate information and discriminate between facts and value judgements in economic issues.
A foundation for further study at Cambridge International AS and A Level, the syllabus also encourages a better understanding of the world in which learners live, and helps them play an active part in the decision-making process, whether as consumers, producers or citizens of the local, national and international community.
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