Advanced Level Accounting 6001/03 November 2022 Examiner Report Marking Scheme

About this marking scheme

This is the ZIMSEC A-Level Accounting marking scheme for Paper 3 from November 2022. It shows how marks are awarded, so you can mark your own answers to the matching question paper. The paper code is 6001/03. See the question paper.

Other years: Accounting A-Level

• 2023 Paper 1 November Marking Scheme518 KB
• 2021 Paper 2 November Marking Scheme1.2 MB
• 2021 Paper 3 November Marking Scheme925 KB
• 2020 Paper 2 November Marking Scheme2.9 MB
• 2020 Paper 2 June Marking Scheme2.2 MB
• 2019 Paper 2 June Marking Scheme1.7 MB
• 2019 Paper 3 June Marking Scheme1.7 MB
• 2019 Paper 3 November Marking Scheme2.2 MB

Text from the first page

For Performance Measurement

ADVANCED LEVEL
Accounting 6001/03
A Level November 2022
Examiner Report
Introduction
The report serves to provide feedback to all stakeholders involved in the learning and assessment of candidates as they prepare for examinations. Examiners' expectations, candidates' performance and common errors will be highlighted in the report.

General Comments
There was a marked improvement in the overall performance of candidates in the 2022 examination. Candidates from many centres displayed a sound understanding of the accounting concepts that were tested by the items. Areas of concern relating to presentation of responses will be highlighted question by question.

Question by question analysis
Question 1
(a)(i) Most candidates performed well on this part item and examiners noted an improved presentation from many centres. Examiners expected candidates to clearly narrate cost of raw materials consumed of $971 400 and prime cost of $2 375 400, and tutors are encouraged to emphasise the clear description of these figures to their candidates as they teach.

The following observations were made regarding good and weak candidates:
Good candidates were able to;
- Record patent costs as direct costs,
- Adjust rent and rates correctly using $$ 20000$ accrued rent and $$ 4000$ prepaid rates to come up with $$ 232000$.
- Calculate and apportion depreciation for buildings and motor vehicles between factory and administration.
- Calculate the depreciation for loose tools as follows :

1