Based on real examiner reports for similar sessions, common issues included:
Always read the Examiner's Report that accompanies the Jun17 Accn2 mark scheme. This report lists the actual mistakes students made in that exam.
Data: Raw materials consumed, direct labour, factory overheads (rent, power, supervisor salary), work-in-progress (opening and closing).
Mark scheme:
| Section | Marks | Details | |---------|-------|---------| | Prime cost = direct materials + direct labour + direct expenses | 2 | | | Add factory overheads | 2 | List each overhead separately or total | | Add opening work-in-progress | 1 | | | Less closing work-in-progress | 1 | | | Production cost of goods completed | 1 | Must be clearly labelled | | (If required: Finished goods schedule) | 2 | Opening FG + production – closing FG = cost of sales | | Total marks | 9 | (plus marks for correct format and sub-headings) | Ib G Jun17 Accn2 Mark Scheme
Key traps:
The June 2017 Geography Paper 2 focused on the Core Theme: Patterns and Change. This paper is distinct from Paper 1 (Optional Themes) and Paper 3 (HL Extension). It tests four specific topics:
The Mark Scheme (MS) for this session was designed to reward specific Assessment Objectives (AOs):
The International Baccalaureate (IB) Group 6 (Jun 17) Accounting (Accn2) examination assesses students' understanding and application of accounting principles and concepts. The mark scheme is a crucial document that provides detailed information on how examiners assess and grade student responses. In this tutorial, we will delve into the intricacies of the IB Group 6 (Jun 17) Accounting (Accn2) mark scheme, helping you understand its structure, key components, and assessment criteria. Based on real examiner reports for similar sessions,
Print the blank Jun17 ACCN2 question paper. Set a timer for 1 hour 30 minutes (or 2 hours if full A-Level). No notes, no calculator help except a basic one.
Let us reconstruct a typical question and mark scheme extract.
Question (Incomplete Records): A sole trader has lost his purchase invoices. You are given:
Required: Calculate purchases and the closing trade payables. Always read the Examiner's Report that accompanies the
Mark Scheme Extract (Jun17): | Mark | Explanation | |------|-------------| | M1 | Cost of sales = Sales × (1 – Gross profit margin) = 100,000 × 0.75 = $75,000 | | M2 | Purchases = Cost of sales – Opening inventory + Closing inventory = 75,000 – 10,000 + 15,000 = $80,000 | | M3 | Trade payables (closing) = Purchases – Payments to suppliers = 80,000 – 70,000 = $10,000 | | A1 | All three figures correct and clearly labeled. |
Guidance notes: Accept alternative sequencing if logical. Do not award M3 if purchases are incorrect unless OFR applied.
Some questions in ACCN2 require written explanations (e.g., “Explain why a provision for doubtful debts is created” or “Discuss the advantages of marginal costing for decision-making”).
Typical 6-mark narrative question mark scheme:
| Level | Descriptor | Marks | |-------|------------|-------| | 3 | Comprehensive explanation with technical terms (prudence, matching, relevant cost) and clear application | 5–6 | | 2 | Some correct points but lacking detail or clarity; minor errors | 3–4 | | 1 | Basic statement (e.g., “to be careful”) with no development | 1–2 | | 0 | No relevant content | 0 |
Example answer for Level 3:
“A provision for doubtful debts is created in line with the prudence concept – anticipating losses but not gains. It ensures that receivables are stated at net realisable value. The matching concept also applies: the expense of potential bad debts is matched against the revenue of the same period. Without this provision, assets and profit would be overstated.”