A-LevelAccountingIntroduction to AccountingMay/June 2024Paper 1 Q191 Mark
An accounting student made the following statements about the requirements of different users of the accounting information of a company. 1 the government wants to assess the company's return on capital employed 2 suppliers want to know if the company is financially stable 3 managers use the information for planning and control purposes 4 lenders want to know whether the business is able to pay dividends Which statements are correct?
A1, 2 and 3
B1 and 4
C2, 3 and 4
D2 and 3 only
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of introduction to accounting 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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