The is an indispensable tool for anyone aiming for an A* in A-Level Accounting. By studying the specific requirements of the June 2017 series, you can identify recurring patterns in how AQA rewards candidates and avoid the common traps that lead to lost marks.
The June 2017 paper (and its corresponding mark scheme) typically centered on several core accounting pillars:
Understanding the mark scheme is just as important as mastering the syllabus content. It offers a direct look into the examiner’s mind, showing exactly how marks are allocated for financial statements, ratios, and evaluative comments. Understanding the ACCN2 Assessment Ib G Jun17 Accn2 Mark Scheme
In ACCN2, marks aren't just for numbers. The June 2017 mark scheme allocated specific points for the clarity of explanations. When asked to evaluate a company’s liquidity, students were expected to use professional terminology and provide a balanced argument. 3. Precision in Adjustments
Testing the differences between FIFO (First-In, First-Out) and AVCO (Average Cost) methods. The is an indispensable tool for anyone aiming
Using suspense accounts and journal entries to rectify bookkeeping mistakes. Breakdown of the Ib G Jun17 Accn2 Mark Scheme 1. The "Own Figure" (OF) Rule
If you calculate a wrong total for "Gross Profit" but use that wrong figure correctly to calculate "Net Profit," the mark scheme allows you to earn the marks for the Net Profit calculation. 2. Quality of Written Communication (QWC) It offers a direct look into the examiner’s
Calculating gross and net profit margins, current ratios, and liquid (acid test) ratios.
