if answer of any question in ipcc exam is not matched then my question answer will cut by examinor.is it true?
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No, Marks are given step by step. if your answer is wrong then your full answer will not be cut but marks are provided step by step.
yes,it is true..
answer to that question will be stricked off, for theory part &
for practical aspects step-by-step marking will be awarded to some extent.
Here is an illustration of how marks would be awarded -
Say there is a question on reconstruction which involves 14 journal entries, Reconstruction Account, Balance Sheet, Calculation of cash at Hand.
Marks might be distributed as given below (Just and example)
For simple entry 0.5 marks and For complex entry - 1 mark / Total 10 (6 complex and 8 simple entry)
For Balance Sheet 4 mark
Reconstruction Account and Working of Cash at Hand - 1 mark each.
Total = 16 marks.
Marks will be awarded for each correct step.
Thankyou CA Nitin and CA Suraj.
You just busted a myth for me.
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