O-LevelAccountingThe fundamentals of accountingOct/Nov 2025Paper 1 Q251 Mark

Which statement correctly describes called-up share capital?

Q: What topic does this question test?

This question tests The fundamentals of accounting in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

Aall share capital which has been issued to shareholders

Bshares which have been issued and those not yet issued

Cthe share capital for which payment has been requested

Dthe value of shares for which payment has been received

✓ Correct Answer

The correct answer is C: the share capital for which payment has been requested

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Accounting Question

Topic

This multiple-choice question tests The fundamentals of accounting in O-Level Accounting (syllabus code 7707). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Accounting Oct/Nov 2025 examination, Paper 1 Variant 2.

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