O-LevelAccountingVerification of accounting recordsOct/Nov 2021Paper 1 Q121 Mark
What is a reason for preparing a sales ledger control account?
Ato calculate total sales revenue
Bto ensure trade receivables pay on time
Cto help prepare the income statement
Dto summarise the accounts of the trade receivables
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of verification of accounting records 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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