Exam Marking

System
System Posts: 100,534 🤖 Admin 🤖
Does anyone know what how they tend to mark the exam papers? Is it more on marks achieved or is it more competancy?

I answer 99% of the questions, but I know I've messed up my P&L and Balance Sheet. Also, I couldn't get my TB to balance in Section 1 by £600 so I did create a suspense account.

Any ideas? If I'm marked on points scored, I think I could be OK, but if it's on the competency (which I am pretty sure it is), I've obviously messed up because of the P&L and Balance Sheets.

=~(

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Exam Marking

    Looking at other posts I'm not sure anyone totally knows how they mark papers but if you opened a suspense account either you needed to or it shows you understand that there is a difference and like a real work situation you would do everything else and get back to it later when you had more time - I was told to open a suspense account if it didn't balance.

    I haven't seen the paper though so I don't know for sure but I'm sure you did the right thing from what my tutor told me and what the books say.

    Hope that helps.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Exam Marking

    i would have done the same thing, if that is the only part of the question where you went wrong you will only get a minor point deducted.

    They dont expect you to get everything right just as long as you know the basics and that it shows you have learnt what to do.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Exam Marking

    I'm more worried by me having problems with the P&L and Balance Sheet. Say I got both completely wrong, but got everything else correct (including doing the suspense account thing), do you think I would likely to pass?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Exam Marking

    dont worry, honest, if you have laid things out correctly, explained where you got the figures from, showed all your workings then you will only get minor points deducted for the numbers being wrong,

    you cant get down marked for using your figures in further calculations because they can only mark a figure as being wrong once, so if you have used your p&l figure in your balance sheet and the p&l figure is wrong, your BS wont balance but you cant get marked wrong for that, you will just get the p&l marked as minor error.

    does that make sense?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Exam Marking
    charlie2 wrote:
    dont worry, honest, if you have laid things out correctly, explained where you got the figures from, showed all your workings then you will only get minor points deducted for the numbers being wrong,

    you cant get down marked for using your figures in further calculations because they can only mark a figure as being wrong once, so if you have used your p&l figure in your balance sheet and the p&l figure is wrong, your BS wont balance but you cant get marked wrong for that, you will just get the p&l marked as minor error.

    does that make sense?

    It does, thanks. Fingers crossed, I guess...

    Cheers
    Jez
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