A-LevelAccountingControl Accounts and Error CorrectionMay/June 2022Paper 1 Q51 Mark
Why does a business maintain sales and purchases ledger control accounts as part of the double entry accounting system? 1 It allows a trial balance to be prepared easily from the nominal ledger. 2 It can involve separate employees which makes fraud more difficult. 3 There is no need to keep sales and purchases journals. 4 There is no need to reconcile with personal accounts for customers and suppliers.
A1 and 2 only
B1, 2 and 3
C1, 3 and 4
D2, 3 and 4
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of control accounts and error correction 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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