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A-LevelAccountingNon-Profit OrganisationsOct/Nov 2010Paper 1 Q121 Mark

Information relating to a club's subscription is: [Table showing received during the year $20 000, paid in advance in the previous year $2 000, paid in advance during the current year $1 000] There were no subscriptions in arrears at the start or end of the year. Individual subscriptions have remained constant at $500 per annum for the last two years. How many members does the club have?

A38
B40
C42
D44

✓ Correct Answer

The correct answer is C. This question tests the candidate's understanding of non-profit organisations 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) Oct/Nov 2010 examination, Paper 1 Variant 2. It tests the topic of Non-Profit Organisations and is worth 1 mark.

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