[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-315241-105":59,"doc-detail-315241-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","2022-vce-accounting-external-assessment-report","2022 VCE Accounting External Assessment Report","","2022 VCE Accounting external assessment report summarises performance across an exam of 11 multi-part questions. Students generally completed the assessment within the allocated two hours, but many lost marks due to time management issues and frequent misreading of question requirements and constraints. Common weaknesses included interpreting graphs, explaining credit note effects on income statements, identifying source documents, and using correct ledger account sides and cross-references. The report also highlights modelling and discussion question skills, and provides sample-answer notes for Question 1a with inventory card transaction calculations.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":20,"@type":76,"position":81},"https://docshare.wps.com/document/exam/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/2022-vce-accounting-external-assessment-report/315241/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/2022-vce-accounting-external-assessment-report/315241.png","ImageObject",300,407,{"name":92,"@type":93},"Angel","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-04","2026-09-20",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",11,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"Why did some students score lower in the 2022 VCE Accounting exam?","Question",{"text":113,"@type":114},"Many students did not attempt every question, mismanaged the two hours, and misread questions and constraints. This led to inaccurate responses that did not directly address what was asked.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How should students handle discussion questions with ethical and financial scenarios?",{"text":118,"@type":114},"Responses must address the specific source material and demonstrate understanding of the provided scenario. Students should avoid rote-learning and avoid simply repeating information without tailoring to the ethics-focused prompt.",{"name":120,"@type":111,"acceptedAnswer":121},"What were common errors in ledger accounts and cross-references?",{"text":122,"@type":114},"Students often recorded transactions on the incorrect side of accounts or used incorrect cross-references. Cross-reference mistakes included errors related to accumulated depreciation and missing required reference wording.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},315241,1790432335,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":19,"category_name":20,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":56,"language":140,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":67,"update_tm":144,"read_time":145,"preview_page_count":4},687207412472,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","2022 VCE Accounting external assessment report  \nGeneral comments  \nThe 2022 VCE Accounting examination included 11 questions consisting of multiple parts.  \nMost students were able to complete the examination within the two hours allocated. However, some students did not attempt every question. It is important that students manage their time effectively so they can optimise their chance of success on all questions.  \nThe exam included a range of topics, and it seems that some students did not prepare adequately for this, as they were unable to complete all questions.  \nIt is important that students ensure they read each question thoroughly and highlight the key parts of the question before constructing a written response. Many students appeared to have misread questions throughout the examination, resulting in inaccurate responses that did not directly address the question being asked.  \nEffective utilisation of reading time is a skill that should be practised by students on a regular basis. It is vital that students use this time to clearly identify what each question is asking them to do , so they then are able to directly address the specific question being asked. Misreading of questions clearly resulted in students not achieving marks as a result of providing responses that failed to address the specific question being asked.  \nQuestion 11 required students to interpret a graph to outline one strategy that could have been used to increase sales volume based on past information. The question required students to outline what may have happened rather than how to implement changes. It appeared that students misread the question, with many missing a constraint and thereby providing an incorrect response.  \nWhen asked to describe the effect that a credit note for a sales return would have on an income statement, responses lacked detail and did not identify the impact of both the decrease in net sales and the decrease in cost of sales. Impact on accounting report questions appear regularly on examinations and students should be able to describe the effect on each component of the report.  \nSome students were unable to correctly identify the source documents provided in the exam, with only 4% of students being able to correctly identify three source documents used in an accounts payable general ledger account in Question 1. A cheque butt was incorrectly identified as a cheque, and a purchase invoice as an invoice. This basic skill should be revised regularly.  \nOverall, the general journal question was completed to a very high standard, indicating that students had been practising these types of questions. Many students were able to identify that the advertising required an adjustment to the inventory loss. Question 6 has been amended from December to June in the online version of the examination.  \nGeneral ledger accounts were tested in Questions 4 and 10 , with many students experiencing similar issues in their responses to both questions. Transactions were often recorded on the incorrect side of the account or were posted using incorrect cross-references. The cross-references often lacked attention to detail with errors regarding accumulated depreciation and not including ‘van’ in the cross-reference. This indicates students have the required knowledge but seem to be taking shortcuts when completing work in class that have been carried into the examination.  \n2022 VCE Accounting external assessment report  \nModelling questions now appear frequently in Accounting examinations. These types of questions have developed in complexity since their introduction with the current study design. Students are generally achieving high scores in this area of the study.  \nThe examination included a question with a ‘discuss’ command term (Question 3) , which required a discussion of ethical and financial issues relating to a business that had been oversupplied inventory. Rotelearned responses as preparation for these types of questions are ge","cbCairP9fFsKc28O","https://ap.wps.com/l/cbCairP9fFsKc28O","pdf",353077,"English","# General comments\n## Time management and question reading\n## Graph, credit notes, and income statement effects\n## Source documents and inventory card skills\n## Ledger accounts, cross-references, and posting accuracy\n# Specific information\n## Notes on sample answers\n## Question 1a: Inventory card and FIFO transactions\n## Marking guidance","[{\"question\":\"Why did some students score lower in the 2022 VCE Accounting exam?\",\"answer\":\"Many students did not attempt every question, mismanaged the two hours, and misread questions and constraints. This led to inaccurate responses that did not directly address what was asked.\"},{\"question\":\"How should students handle discussion questions with ethical and financial scenarios?\",\"answer\":\"Responses must address the specific source material and demonstrate understanding of the provided scenario. Students should avoid rote-learning and avoid simply repeating information without tailoring to the ethics-focused prompt.\"},{\"question\":\"What were common errors in ledger accounts and cross-references?\",\"answer\":\"Students often recorded transactions on the incorrect side of accounts or used incorrect cross-references. Cross-reference mistakes included errors related to accumulated depreciation and missing required reference wording.\"}]","2022 VCE Accounting External Assessment Report | PDF",1789904032,48]