Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › subs procedure for directors bonus payments followup
- This topic has 3 replies, 2 voices, and was last updated 6 years ago by Ken Garrett.
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- June 6, 2018 at 7:22 pm #457224
Sir like there was past exam question in J14 (recorder communication) which asked for substantive procedure for directors bonus payments, in examiners answers the below 2 points were NOT mentioned, BUT if I write these 2 points in exam would it be valid procedures? i.e
1)Compare bonus payments with budgets and investigate difference
2)Compare bonus payments with last year and investigate differenceJune 6, 2018 at 7:58 pm #457239Yes, These points should attract some marks, though bonuses are often profit-driven so might not be linked to the budget and could vary a lot from last year’s amounts
June 6, 2018 at 8:38 pm #4572601)Ok so as you told a SP that “trace bonus payments to cash book.” So would this point be enough to gain 1 full mark OR do I need to elaborate this point more like ” trace bonus payments to cash book and bank statement” in order to gain 1 full mark?
2)Secondly sometimes there are certain points which are not mentioned in examiner’s answers but if these points are correct then regardless whether they are mentioned in examiner’s answers or not , would we gain marks for writing those points or not?
June 6, 2018 at 9:29 pm #4572911 The fuller version is better. Remem er 1 mark is about 2 minutes of writing.
2 Marking is flexible, so correct points are awarded marks even if not in the model answer.
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