This tier includes answers that explain why a variance occurred (e.g., "The adverse labor efficiency variance was caused by using untrained temporary staff") but fail to offer a holistic final recommendation for the business. Level 1: Basic Knowledge
| Section | Question | Marks | | --- | --- | --- | | A | Ratio Analysis | 20 | | A | Financial Statement Analysis | 20 | | B | CVP Analysis and Budgeting | 30 | | | | 70 | ib g jun17 accn4 mark scheme
Candidates were required to reconcile profits between two costing methods. This tier includes answers that explain why a
The ACCN4 exam covers several key topics within management accounting. The June 2017 paper would have focused on the following core areas: ib g jun17 accn4 mark scheme