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O-LevelAccountingSources and recording of dataOct/Nov 2024Paper 1 Q131 Mark

What is an advantage of maintaining a purchases ledger control account?

AIt detects errors of omission.
BIt guarantees the accuracy of the ledgers.
CIt prevents fraud.
DIt shows how much is owed to suppliers.

✓ Correct Answer

The correct answer is A. This question tests the candidate's understanding of sources and recording of data 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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About This O-Level Accounting Question

This multiple-choice question appeared in the Cambridge O-Level Accounting (7707) Oct/Nov 2024 examination, Paper 1 Variant 3. It tests the topic of Sources and recording of data and is worth 1 mark.

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