A-LevelAccountingCapital and Revenue ExpenditureOct/Nov 2022Paper 1 Q21 Mark
Why is it important for a trader to distinguish between capital expenditure and revenue expenditure? 1 to apply the realisation concept 2 to know which method of depreciation to use 3 to obtain a more accurate profit figure
A1 and 2
B1 only
C2 and 3
D3 only
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of capital and revenue expenditure 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...
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