Pass Mark???

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:24AM in AAT student discussion
Hi

What % do we need to pass the PLB exam? How many of the questions do we need to get right? Are the questions worth different marks?

I sat the exam this morning and think I have messed up a few, inc. the one about the bad debts, the one with the cash sale and a couple of others in Section 2.

Many Thanks

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    Hi, you need to get 60% Not sure how they mark it though...
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    thanks
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    Hi,

    I am not sure of the percentage pass mark. I heard that they look at all of the papers and then agree on a pass mark.

    I got part 1 to balance on part 1 but up to now I think i may have got three journal questions wrong. I got the last two questions right I think as my bank reconciliation was ok.

    I am hoping that I can still pass.

    Hayley
    x
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    should the entry for the bank on the TB have been a Credit or Debit?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    My bank entry was a cr and now I'm panicking!! because the TB balanced, I forgot about it. Too late to change it now though!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    Hi,

    I think I put the bank balance on the credit side as the balance c/d was on the debit side of the cash book.

    Hayley
    x

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    I also put it as a credit and mine balanced
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    Phew, I'll sleep better now, thank you
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    Hi,

    Do you think if you get about three little journal questions right that you could still pass?


    Hayley
    x
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    Hi,

    Sorry I meant to say if you get three little journal questions wrong do you think you could still pass!!!

    Hayley
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    I would say so, that part can't be worth more than 5%, maybe 10% at most
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    I would have thought part 1 was worth alot (hopefully 50%) and the bank rec. should be worth a few. Fingers crossed 'till August,I just have to start on my portfolio now!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    hi. ive never been in here before. i had my exam too today and i am panicing about the question in part 2 about the cash sale of £200 + VAT. what is the correct posting.. i put something about non-trade debtors, VAT and non-trade debtor control account but im thinking its totally wrong now....
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    No need to panic about getting a few questions wrong, surely? :wink:
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???
    Gemma79 wrote:
    hi. ive never been in here before. i had my exam too today and i am panicing about the question in part 2 about the cash sale of £200 + VAT. what is the correct posting.. i put something about non-trade debtors, VAT and non-trade debtor control account but im thinking its totally wrong now....

    ignore the control account as it was a cash sale so it was a straight forward

    DR BANK £235
    CR SALES £200
    CR VAT £200

    well thats what i put anyway :)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    I think you mean Cr VAT 35! That could have been a disaster! :oops:
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???
    Gem7321 wrote:
    I think you mean Cr VAT 35! That could have been a disaster! :oops:

    oops, i did it right in the exam..typo :lol:
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    does any one remember the one about the invoice that had to be paid. was it £9000? was it net or gross? was it 4%? how much had to be paid? help!!!!!!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    That was the question about settlement discount, I worked out the 4% of the net then added the vat. Its the wierd one where you take the discount off the vat but not the total, unless your taking the discount. If that makes any sense. I also made sure i showed my workins as i heard that counts towards the mark.

    Hope that helps

    Te x
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    thank-you. can you remember if the £9000 was net as i think i worked out the 4% as if it was the net amount.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    I'm almost certain it was a net figure. I'm sure it said net of vat or words to that effect.

    Te x x
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    yes it was exclusive of VAT
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pass Mark???

    There is no set pass mark for the AAT exams. You need to show you are competent in both sections of the paper in order to pass.

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