Reviewing the official marking principles reveals specific trends in how examiners awarded or withheld marks on the June 2017 paper. 1. The "Own Figure Rule" (OFR)
Deduct the Provision for Unrealized Profit (PURP) from both the closing inventory value and the retained earnings of the selling company.
: 2 hours total, requiring strict pacing between calculations and essays. Key Topics Tested in JUN17
To "crack" the ACCN4 mark scheme, follow these strategies based on the 2017 paper's trends: ib g jun17 accn4 mark scheme exclusive
for competing machinery (Machine A vs. Machine B) using a 12% cost of capital. Candidates must provide advice based on financial factors. Question 4: Departmental Performance
The assessment relies on a strict Level of Response framework for extended writing tasks. Understanding this matrix is essential for securing top-band marks. Level 3: Evaluation and Synthesis (Top Band)
Credit the old partners' capital accounts with the total value of goodwill using the old profit-sharing ratio . : 2 hours total, requiring strict pacing between
The paper evaluated how budgeting impacts organizational behavior.
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Evaluating capital projects using quantitative factors like NPV and qualitative factors. Part 2: Exclusive Breakdown of the ACCN4 JUN17 Mark Scheme Candidates must provide advice based on financial factors
The June 2017 paper targeted advanced accounting concepts that require deep conceptual clarity. 1. Partnership Accounts
In evaluation questions, generic advantages and disadvantages (e.g., "it improves profit") score poorly. You must link your points directly to the case study business's specific products, market conditions, or financial constraints.
: Calculating reducing balance versus straight-line methods accurately.
Accurately separating Rate variances from Efficiency variances.