O-LevelAccountingAnalysis and interpretationOct/Nov 2023Paper 1 Q291 Mark
Elaine is starting a business. She wants to make sure she doesn't miss out on any cash discount which is offered to her. Which action would help her achieve this?
Aissuing her invoices promptly
Bmaintaining full accounting records of dealings with suppliers
Cmaking purchases in bulk
Dundertaking credit checks on all prospective customers
✓ Correct Answer
The correct answer is B. 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