Oxford Cambridge and RSA
End Term Exam
GCSE
Accounting 200 Exam 2 (KU) – 100% Verified Q&A for Guaranteed
Success
Time allowed: 1 hour 45 minutes
You must have:
• a ruler (cm/mm)
F
You can use:
• an HB pencil
• a scientific or graphical calculator
* J 2 5 7 0 1 *
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
INSTRUCTIONS
• Use black ink. You can use an HB pencil, but only for graphs and diagrams.
• Write your answer to each question in the space provided. If you need extra space use the
lined pages at the end of this booklet. The question numbers must be clearly shown.
• Answer all the questions.
• Where appropriate, your answer should be supported with working. Marks might be given
for using a correct method, even if your answer is wrong.
INFORMATION
• The total mark for this paper is 90.
• The marks for each question are shown in brackets [ ].
• This document has 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025/26 [EXAM/T/YD]) 6895596/3
OCR is an exempt Charity
Turn over
, Petty Cash Fund - ✔✔small amount of cash kept by a single person for small/minuscule transactions
Accounts Receivable - ✔✔results from purchases of goods or services on account that are paid off in a relatively short
time
Bad Debt Expense - ✔✔amount not paid by people who have made purchases on account
Direct Write-Off Method - ✔✔recording noncollectable accounts expense only when an amount is actually known to be
noncollectable
Allowance Method - ✔✔method of accounting for bad debts that involves estimating noncollectable accounts at the end
of each period.
Aging of Accounts Receivable - ✔✔analyzing accounts receivable according to when they are due
Principal Amount - ✔✔the amount originally lent on a note
Interest - ✔✔sum paid or charged for the use of money or for borrowing money
Maturity - ✔✔specified date of the last payment of interest
Turnover Ratio - ✔✔Income Statement Account Value for a Period
----------------------------------------------------------------------
Average Level of the Balance Sheet Account for Period
Accounts Receivable Turnover Ratio - ✔✔Net Sales Revenue
-----------------------------------
Average Net Accounts Receivable
Collection Period - ✔✔divide 365 by AR Turnover Ratio
End Term Exam
GCSE
Accounting 200 Exam 2 (KU) – 100% Verified Q&A for Guaranteed
Success
Time allowed: 1 hour 45 minutes
You must have:
• a ruler (cm/mm)
F
You can use:
• an HB pencil
• a scientific or graphical calculator
* J 2 5 7 0 1 *
Please write clearly in black ink. Do not write in the barcodes.
Centre number Candidate number
First name(s)
INSTRUCTIONS
• Use black ink. You can use an HB pencil, but only for graphs and diagrams.
• Write your answer to each question in the space provided. If you need extra space use the
lined pages at the end of this booklet. The question numbers must be clearly shown.
• Answer all the questions.
• Where appropriate, your answer should be supported with working. Marks might be given
for using a correct method, even if your answer is wrong.
INFORMATION
• The total mark for this paper is 90.
• The marks for each question are shown in brackets [ ].
• This document has 24 pages.
ADVICE
• Read each question carefully before you start your answer.
© OCR 2025/26 [EXAM/T/YD]) 6895596/3
OCR is an exempt Charity
Turn over
, Petty Cash Fund - ✔✔small amount of cash kept by a single person for small/minuscule transactions
Accounts Receivable - ✔✔results from purchases of goods or services on account that are paid off in a relatively short
time
Bad Debt Expense - ✔✔amount not paid by people who have made purchases on account
Direct Write-Off Method - ✔✔recording noncollectable accounts expense only when an amount is actually known to be
noncollectable
Allowance Method - ✔✔method of accounting for bad debts that involves estimating noncollectable accounts at the end
of each period.
Aging of Accounts Receivable - ✔✔analyzing accounts receivable according to when they are due
Principal Amount - ✔✔the amount originally lent on a note
Interest - ✔✔sum paid or charged for the use of money or for borrowing money
Maturity - ✔✔specified date of the last payment of interest
Turnover Ratio - ✔✔Income Statement Account Value for a Period
----------------------------------------------------------------------
Average Level of the Balance Sheet Account for Period
Accounts Receivable Turnover Ratio - ✔✔Net Sales Revenue
-----------------------------------
Average Net Accounts Receivable
Collection Period - ✔✔divide 365 by AR Turnover Ratio
