Ib G Jun17 Accn2 Mark Scheme Direct
Arthur’s eyes narrowed. The mark scheme—a thick, stapled bible of hierarchy and correctness—sat to his left. He knew the drill. He was looking for the correction of errors. A suspense account opening balance of $3,600.
Students often described what a ratio was (e.g., Current Ratio) but failed to explain why it had changed or what it meant for the business's survival. How to Use This Mark Scheme for Revision To get the most out of the Ib G Jun17 Accn2 materials:
Preparing sales and purchases ledger control accounts to locate data entry errors. Ib G Jun17 Accn2 Mark Scheme
Applying straight-line or reducing balance methods, alongside the correct treatment of accumulated depreciation.
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While the IB's marking criteria are valuable for understanding how points are awarded, the 'ACCN2' code is not part of the IB's naming system. Recognizing this distinction is the first step in locating the correct past paper and its corresponding mark scheme.
| Topic | Question reference in Jun17 | Marks available | My proficiency (1-5) | |-------|----------------------------|----------------|----------------------| | Manufacturing account | Q1 | 12 | ___ | | Limited company P&L | Q2 | 20 | ___ | | Bank reconciliation | Q3 | 8 | ___ | | Goodwill in partnerships | Q4 | 15 | ___ | | Ratio analysis (ROCE, Current ratio) | Q5 | 9 | ___ | | Incomplete records | Q6 | 16 | ___ | He was looking for the correction of errors
For additional revision resources including examiner reports and grade thresholds for this series, you can visit repositories like Accounting Lecture and CIE Notes . 18 AQA-ACCN2-W-MS-Final Mark Scheme-June 2017
A critical part of the mark scheme is the "OF" mark. If a student makes a mistake in an early calculation (e.g., Cost of Sales) but uses that wrong figure consistently later in the paper (e.g., Gross Profit), they can still earn marks.
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Using the official mark scheme as a study tool is one of the most effective ways to prepare for upcoming accounting exams.
