When you have to give answers of accounting, you may need to give marks in this type of questions. The questions are usually phrased in such a way that a specific response is expected. You may need to give answers on different aspects of the question.
The course of action that you choose , is up to you.
You may need to give marks in all questions individually or only some of the questions. There is no definite right or wrong way to give marks. There are other options available like giving no marks, giving a single mark or using the scale system. You should use the system that is most suitable for your needs.
Or there may be instruction by the organisation about marking system. You need to follow that.
It is only the accounting department that deals with the answers of questions. The rest of the accounts departments, the auditor, the Controller and others will simply look to see the written response given by the employee. And once they see it, they’ll come to a decision. So you need to ensure that the written response is correct.
It is important to ensure that there are no errors in the written response. And if there are any errors, the employees have to adjust the written response accordingly. Some people may not make these adjustments, which indicates that there are rules for giving marks in accounting. But then again, you need to ensure that you don’t overlook some rules that are related to the accounting.
What is the scale system?
* Sometimes, an employee may give two or more marks in a single answer
* Other times, an answer may give marks of differing rates. This can occur when you have an answer that has multiple parts. For example, the part ‘Sales $1000’ may be marked up against the answer ‘Sales $1000’ and ‘Purchase $1000 and $1000’
When you give answers of sales and expenditures on a credit card, you must make sure that the total of credits given is evenly distributed. The total of debits must be evenly distributed. The same is true if you’re using the line of Income $1000 and Expenses $1000. If the sales and expenses are credited and debited in different rates, the total of credits should be evenly distributed among the expenses and sales. In such cases, you need to mark up the expenses and debit the sales. This is called a reverse-theta system.