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Financial Accounting Paper 2, Nov/Dec 2010  
Questions: 1 2 3 4 5 6 7 8 9 Main
General Comments
Weakness/Remedies
Strength
Weakness/Remedies

Weaknesses observed included:
(1) Lack of understanding of the different features between private and public companies.
(2) Inability of candidates' to prepare final accounts of a company.
(3) Inability of candidates to prepare single entry/incomplete records.
(4) Wrong posting of items.
(5) Non-coverage of syllabus before registering for the examination made some candidate not to attempt questions on Single entry and Incomplete Records .
SUGGESTED REMEDIES
(1)Candidates should understand the terminology and features in company account.
(2) Candidates should be given constant take home assignments to enable them practise several questions before the examination.
(3)Teachers should make sure they cover the syllabus for WAEC Senior School Certificate Examination and have a general revision before the examination.
(4) Candidates should adhere strictly to examination instructions.

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