Mock exam paper B Higher Level Marking Scheme

PRE-JUNIOR CERTIFICATE, 2012

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MARKING SCHEME

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BUSINESS STUDIES

HIGHER LEVEL

PAPER I SECTION A & B

PAPER II

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Pre - Junior Certificate Examination 2012

Business Studies

Higher Level

Marking Scheme and Support Notes for use with the Marking Scheme

In considering this marking scheme the following points should be noted:

The support notes presented are not exclusive or definitive and alternative answers may be acceptable if deemed valid;

They are support notes and not model or suggested answers;

The bookkeeping layout as presented in the support notes may be accepted as best practice.

However, in some bookkeeping questions there can be a number of alternative approaches and formats that can be validly used by candidates;

Further relevant points of information presented by candidates are marked and rewarded on their merits. The detail required in any answer is determined by the context and the manner in which the question is asked and by the number of marks assigned to the answer on the examination paper. Requirements and mark allocations may therefore vary from year to year.

MARKING SCHEME (PAPER 1 and PAPER 11)

BUSINESS STUDIES – HIGHER LEVEL – PAPER I

SECTION B

BUSINESS STUDIES – HIGHER LEVEL – PAPER I

SECTION B

1. This is a Household Budget Question.

Answer all parts of this question

(A) On page 10 of Section A is an Original and a Revised Budget form for the Mahon household from January to March 2012. After preparing the Original Budget Mr Mahon got promoted and his salary increased. Ms. Mahon’s hours were cut in her job and she faced a drop in salary. The Mahon household decided to revise their Budget due to the changed circumstances.

You are required to complete the revised budget taking the following into account:

  • Mr Mahon’s annual salary will be €21,600 net payable monthly. He also expects to receive a bonus of €800 net in March.
  • Ms Mahon will earn €800 net per month.
  • Mortgage repayment will increase 3% from March...

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