O-LevelAccountingAnalysis and interpretationOct/Nov 2022Paper 1 Q321 Mark
A trader provided the following information. year 1 year 2 gross profit $40 000 $75000 gross margin 35% 35% profit margin 11% 22% What would explain these changes?
Aan increase in selling price and a decrease in sales quantity
Ban increase in selling price and an increase in expenses
Can increase in sales quantity and a decrease in selling price
Dan increase in sales quantity and a decrease in expenses
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of analysis and interpretation 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