A-LevelAccountingBudgeting and Budgetary ControlOct/Nov 2020Paper 1 Q301 Mark
Which are benefits of a budgetary control system? 1 It can be used to control expenditure. 2 It can be used to record accounting transactions. 3 It can help when applying for a loan. 4 It can identify where improvements are required.
A1, 2, 3 and 4
B1 and 2 only
C1, 3 and 4 only
D3 and 4 only
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of budgeting and budgetary control within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep