Ib G Jun17 - Accn2 Mark Scheme [upd]

: It employs "Own Figure" (OF) marking, which allows students to gain marks for correct methodology even if they made a prior arithmetical error. Alternative Answer Paths

The official mark scheme is not just an answer key; it is a pedagogical tool. Here is how it is typically laid out:

In the final accounts preparation, omitting vital titles (e.g., "Cost of Sales" or "Total Current Assets") can result in a deduction of layout marks, even if the numbers are flawless. Strategic Insights for Written and Evaluative Questions Ib G Jun17 Accn2 Mark Scheme

Numbers alone were not enough for full marks. The mark scheme allocated a significant portion of points to the interpretation of the figures (e.g., explaining why a falling current ratio indicates a liquidity risk).

As an educational resource, the mark scheme is copyrighted by the examination board (likely AQA). You can obtain it from: : It employs "Own Figure" (OF) marking, which

Start to analyze the "granularity" of the mark scheme. Notice how a 4-mark question is often split into four distinct points. Build an "answer bank" by noting down model phrases and sentence structures from the mark scheme for common question types. Over time, you will internalize what examiners are specifically listening for, and your answers will naturally start to hit the mark criteria.

Question Example: "Discuss the environmental and socio-economic consequences of the increasing demand for energy." You can obtain it from: Start to analyze

If you missed an accrual or depreciation calculation, rewrite that specific ledger account three times until the process becomes second nature.

Take the mark scheme and mark each question strictly. Do not give partial credit where it is not allowed. Pay close attention to the – if a calculation is worth 4 marks, there are likely 4 distinct steps.

One of the most important features. If a student makes an early error but carries the incorrect figure forward correctly, they do not lose the same mark twice. For example, if a student calculates gross profit incorrectly but then uses that figure to compute net profit correctly, they still earn the net profit marks.

This question evaluated the ability to construct accounts using the accounting equation when a full set of books is unavailable.