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A-LevelAccountingFinancial Accounting Framework / Accounting ConceptsMay/June 2016Paper 1 Q11 Mark

What might stop financial statements showing a true and fair view?

Achanges in depreciation methods from year to year
Bchanges in dividend policy
Ccreation of a general reserve
Dinclusion of purchased goodwill in a statement of financial position

✓ Correct Answer

The correct answer is A. This question tests the candidate's understanding of financial accounting framework / accounting concepts within the Accountingsyllabus. The examiner's mark scheme requires...

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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 A-Level Accounting Question

This multiple-choice question appeared in the Cambridge A-Level Accounting (9706) May/June 2016 examination, Paper 1 Variant 2. It tests the topic of Financial Accounting Framework / Accounting Concepts and is worth 1 mark.

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