O-LevelAccountingAnalysis and interpretationOct/Nov 2024Paper 1 Q331 Mark
Paul's gross margin increased from 16.5% in year 1 to 17.5% in year 2. What would explain the improvement in the gross margin?
Aincreasing the quantity of goods sold
Bincreasing the selling price of the goods sold
Coffering trade discounts to customers buying in bulk
Dselling goods at a reduced price
✓ Correct Answer
The correct answer is A. 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...
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