Official June 2026 AQA A-LEVEL ACCOUNTING 7127/2 Paper 2 Accounting for analysis and decision-making Merged Question Paper + Mark Scheme (62pages)

Official June 2026 AQA A-LEVEL ACCOUNTING 7127/2 Paper 2 Accounting for analysis and decision-making Merged Question Paper + Mark Scheme Ace your Mocks!!! *jun247127201* IB/M/Jun24/G4004/V5 7127/2 A-level ACCOUNTING Paper 2 Accounting for analysis and decision-making Monday 3 June 2026 Morning Time allowed: 3 hours Materials For this paper you must have: • a calculator. Instructions • Use black ink or black ball-point pen. • Fill in the boxes at the top of this page. • Answer all questions. • You must answer the questions in the spaces provided. Do not write outside the box around each page or on blank pages. • If you need extra space for your answer(s), use the lined pages at the end of this book. Write the question number against your answer(s). • Do all rough work in this answer book. Cross through any work you do not want to be marked. Information • The marks for each question are shown in brackets. • The maximum mark for this paper is 120. Please write clearly in block capitals. Centre number Candidate number Surname Forename(s) Candidate signature I declare this is my own work. For Examiner’s Use Section Mark A B C TOTAL 2 *02* IB/M/Jun24/7127/2 Do not write outside the Section A box Answer all questions in this section. For multiple-choice questions only one answer per question is allowed. For each question completely fill in the circle alongside the appropriate answer. If you want to change your answer you must cross out your original answer as shown. If you wish to return to an answer previously crossed out, ring the answer you now wish to select as shown. 0 1 A business buys inventory on credit. Which book of prime entry is used to record this transaction? [1 mark] A Cash book B General journal C Purchases journal D Purchases returns journal 0 2 What is the impact on the statement of financial position of receiving a recovered debt that had previously been written off as irrecoverable? [1 mark] A Decrease capital, decrease current assets B Decrease capital, increase current assets C Increase capital, decrease current assets D Increase capital, increase current assets CORRECT METHOD WRONG METHODS 3 *03* Turn over ► IB/M/Jun24/7127/2 Do not write outside the 0 3 Which of the following is an advantage of being a sole trader? box [1 mark] A They can sell shares to the general public. B They have full control over decision making. C They have limited liability. D They pay corporation tax. 0 4 A business pays royalties on each unit it manufactures. Which of the following describes the cost of the royalties? [1 mark] A Direct and semi-variable B Direct and variable C Indirect and semi-variable D Indirect and variable 0 5 Which of the following is not a fundamental principle of ethical behaviour? [1 mark] A Confidentiality B Consistency C Integrity D Objectivity 4 *04* IB/M/Jun24/7127/2 Do not write outside the box 0 6 Product Q has the following costs per unit: Materials 4 metres at £2 per metre Labour 1.5 hours at £12 per hour Overheads £4 per labour hour Product Q has a selling price of total cost plus a 10% mark up. What is the selling price of Product Q? [1 mark] A £28.60 B £32.00 C £33.00 D £35.20 0 7 Which is the formula to calculate dividend cover? [1 mark] A Dividend per share Market price per share × 100 B Market price per share Dividend per share × 100 C Ordinary share dividends paid Profit after interest and tax D Profit after interest and tax Ordinary share dividends paid