Ib G Jun17 Accn4 Mark Scheme May 2026
The AQA ACCN4 June 2017 mark scheme outlines requirements for advanced management accounting topics, including capital investment appraisal, standard costing variances, and departmental budgeting. Key components include calculating NPV, evaluating business, and adhering to the "own figure" rule for method marks. For related resources, visit Course Hero. Course Hero
The mark scheme uses specific phrases like "reduces profit," "adverse because actual cost > standard cost," or "improves liquidity." Internalize this professional vocabulary. Using examiner-friendly language in your real exam improves your chances of scoring. ib g jun17 accn4 mark scheme
- "State" – No explanation needed (1 mark).
- "Explain" – Reason required (2 marks: identification + because).
- "Calculate" – Working must be shown (no working = no marks even if final figure correct).
- "Discuss" – Two-sided argument (e.g., advantage and disadvantage of a share issue).
- Reconciliation and alien items
The AQA mark scheme follows specific conventions that can make the difference between a grade boundary: The AQA ACCN4 June 2017 mark scheme outlines
- Specification stability: The core of ACCN4 (partnerships, cash flow, ratios) has not changed dramatically since 2017. IFRS and UK GAAP have evolved, but the fundamental calculation methods remain identical.
- Difficulty benchmark: The June 2017 paper was considered "standard difficulty" by examiners. It is an excellent baseline before attempting more challenging papers (e.g., June 2018 or 2019).
- Examiner style consistency: The language used in the "ib g jun17 accn4 mark scheme" – from "Justify" to "Evaluate" – is identical to mark schemes today. Learning this pattern helps you predict what current examiners want.
Fixed Overheads
: £75,000 per annum split equally (£25,000 per department). General Marking Principles "State" – No explanation needed (1 mark)
Specific Labels
: Financial statements must include exact or recognizable labels (e.g., "Cash generated from operations") to receive full marks. Official Resources
- Scenario: A multi-stage cost allocation question where a student correctly calculates departmental overhead rates but applies them to the wrong activity level.
- Mark scheme application: Method marks awarded for correct overhead rate calculations; accuracy marks withheld for incorrect allocation. If working shows correct reasoning, partial credit salvages the script.
