O-LevelAccountingThe fundamentals of accountingOct/Nov 2021Paper 1 Q211 Mark
Hassin found that he needed help to run his business. He decided to take a partner rather than employ an assistant. Why did he decide to take a partner? 1 An assistant would not interfere with how the shop was run. 2 An assistant would not share risk. 3 A partner would introduce some additional capital. 4 A partner would take a share of the profit.
A1 and 3
B1 and 4
C2 and 3
D2 and 4
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of the fundamentals of accounting 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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