A-LevelAccountingControl AccountsMay/June 2024Paper 1 Q91 Mark
Which statements describe the benefits of preparing control accounts? 1 assists in detection of fraud 2 assists in finding errors of original entry 3 assists in finding transposition errors 4 assists in preparation of financial statements
A1, 2 and 3
B1, 2 and 4
C1, 3 and 4
D2, 3 and 4
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of control accounts 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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