G Jun17 Accn4 Mark Scheme — Ib
Bella had to manage her finances carefully. She had invested $10,000 to start her business, which covered the cost of renting a small shop, buying a bagel oven, and initial inventory. She planned to sell her bagels at $2.50 each. Her initial goal was to sell at least 500 bagels per week to break even.
The June 2017 mark scheme is a goldmine for students because it reveals exactly how examiners award marks. It is not just a list of correct answers; it is a guide to the examiner's mindset.
The differentiator between an average grade and an elite grade on the ACCN4 paper lies in the written narrative questions. The JUN17 mark scheme utilized a framework for extended writing tasks. Level 3 (Top Marks): Evaluation and Synthesis ib g jun17 accn4 mark scheme
Examiners are instructed to award marks for what is present rather than deducting for what is missing. 4. Recommended Resources
Marks are explicitly awarded for the ability to use specialist vocabulary and organize information clearly. Bella had to manage her finances carefully
Forgetting to deduct interest on drawings before sharing residual profit. The "ib g jun17 accn4 mark scheme" explicitly warns: "Do not accept interest on drawings being added after appropriation – it must be adjusted in current accounts."
The June 2017 mark scheme serves as a blueprint showing exactly how examiners distributed points. Understanding this structure helps you allocate your time efficiently during revision and inside the exam room. 1. Calculation Sections (Own Figure Rule) Her initial goal was to sell at least
: Assessing the non-financial impacts of management decisions. Deep Dive into the Mark Scheme: Numerical Breakdown
: 1 mark for applying a 50% premium correctly to extra hours worked beyond the 40-hour standard week.
Calculating employee salaries, overtime premiums (50%), and fixed overhead allocations for multiple departments.
The mark scheme contained an "Acceptable Evaluative Points" section in the examiner's notes. High-level marks were awarded to students who brought in qualitative points from the rest of the case study, such as: