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ISBN
FIFO method of stock valuation
Accounting
Type: Glossary

First In First Out method whereby stock is issued in the order it is received.

FIFO stands for First In First Out. This method of stock valuation issues...
Accounting
Grade 12
Type: Study Card

FIFO stands for First In First Out. This method of stock valuation issues stock in the order in...

final account
Accounting
Type: Glossary

ledger account prepared at the end of accounting period to find gross and net profit. There are...

final adjustments
Accounting
Type: Glossary

(also called year-end adjustments) adjustments the business makes to accounting entries at the...

financial accounting
Accounting
Type: Glossary

process of summarising financial data from the accounting records of a business and publishing...

financial period
Accounting
Type: Glossary

(also called accounting period, book year or financial year) specific period used for...

financial statements
Accounting
Type: Glossary

set of written reports that describe the financial position of a business on a specific day....

financial year
Accounting
Type: Glossary

(also called accounting period, book year or financial period) specific period used for...

fixed asset
Accounting
Type: Glossary

(also called a tangible asset) item such as land, buildings, vehicles or equipment that you can...

fixed cost
Accounting
Type: Glossary

cost that remains the same over the production process and is not linked to the number of units...

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Exam practice is essential. Make sure your students have access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Remind your students that studying should be active. They should be making notes, working through examples, doing practice exam papers and testing themselves on the sections they are studying.

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Different study methods work for different students. Encourage your learners to find out what works for them so you can support them.

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Many subjects require students to know work from the previous grades. Make sure your child has access to a good reference book that contains the concepts they need to refer back to.

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On the afternoon before the exam, get your child to review her notes and summaries, especially for sections of work where she is less confident.

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On the morning of the exam, get your child to go over his formulae sheets to remind him of key information.

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Once your teenager has completed practise exam papers, go over the areas where they struggle. Get a study guide to help you and your student if you need help with a particular section.

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Exam practice is essential. Make sure your student has access to practice exam papers for the subjects they take. Make sure the exam papers relate to the correct version of the curriculum.

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Studying should be active. Your child should be making notes, working through examples, doing practice exam papers and testing herself on the sections she is studying.

[ more ]

Formulae sheets or key concept sheets are useful for quick revision. Get your teenager to stick them on the wall in their room. The more they look at the formulae and key concepts, the more likely...

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Different study methods work for different students. Find out what works for your child so you understand how you can support him or her.

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When you are writing an exam, first write down all the formulae or important facts you are worried about forgetting.

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