A-LevelAccountingNon-Profit OrganisationsOct/Nov 2011Paper 1 Q151 Mark
The treasurer has provided the following information relating to a golf club's financial position at the year end. cash at bank $ 2 500 non-current assets 120 000 prepaid expenses 80 inventory of refreshments 500 subscriptions in advance 50 subscriptions in arrears 100 unpaid bills 200 What is the accumulated fund at the year end?
A$122 780
B$122 930
C$123 130
D$123 180
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of non-profit organisations 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep