To score more in Accountancy examination is very important. The final result of Accountancy exam. depends upon a large number of factors. Even though you have prepared well, last minute carelessness can lead to lower performance. The following points are very important to be considered for improving the final outcome:
There should be careful planning before starting to attempt the paper. If reading time is given before the paper, it must be utilized properly. These days C.B.S.E. is giving reading time of fifteen minutes to Class 10th and 12th students before starting the exam.
Try to make its best use. Read the question paper thoroughly, to understand what is required to be written. You can plan the strategy of answering the questions as to which questions are to be attempted first, and which to be attempted later on.
Read the instructions properly:
Read the instructions properly regarding the number of parts of a question to be attempted, choice if any, etc. These days the examiners are testing the skills of the students very minutely. Check the marks of different Questions . Student has to prepare and write the answer according to the marks.
Follow the sequence while attempting the questions:
Try to attempt the questions in serial order. If the questions are attempted in haphazard manner the examiner ends up taking more time locating the answers .The candidate must avoid all such negative practices of irritating the examiners unnecessarily. Space can be reserved for the answers to be written later on. With practice every student can guess the space required for writing the answer.
Read the question once more:
Immediately before starting to answer the question, read it once again as it has been seen that either by excitement or by fear students miss the important points like: the date of transaction, the date of preparing balance sheet, the requirement of the question etc.
It has been observed that sometimes students pass journal entries instead of preparing ledger accounts and vice-versa. In another case candidate ignored the difference between 6% and 6% p.a. losing the marks. There can be many types of simple mistakes leading to serious mistakes in Accountancy exam.
Format of Accounts and Statements:
Formats of all the statements and accounts must be prepared properly with their names and other particulars required, written on the top. Sometimes, the candidates do not write the names of accounts prepared .Only sympathetic examiners are expected to give marks for that answer. Narrations must be written though in brief. 25% Marks can be deducted for not doing so.
Working notes and rough work:
Working notes must be neatly given before or after the solution but in no case calculations should be done in the account or statement which makes the work untidy. Calculations and rough work must be done in rough space on the right side of the answer sheet on the same page or on a separate sheet at the end. It would be better to put Question no. with the rough work also.
Write the digits in symmetry:
While making statements and accounts numerical figures must be written perfectly in symmetry one below the first to make the addition quickly, ones digits below the ones, tens digits below the tens and so on. Totals may be written with pencil before finalizing.
Many candidates waste a lot of time in taking all the figures to a rough page for totaling and bringing the total here on the main page leading to more chances of errors also, involved in multiple posting. Some simple time saving techniques can be used to make the calculations.
Show the answers:
Answers required must be highlighted by headings or boxes. In case of short answers like ratios, answer can be written in boxes, to facilitate the examiner in performing his duty; In case of questions involving ledger accounts, balances can be made bold; in case of Balance Sheet the totals can be made bold. Candidates can develop their own techniques in this regard.
9. Fill in the blank Questions:
For attempting fill in the blank questions, a candidate must write the whole question and underline the blanks filled properly to be shown to the examiner.
10. Start Long Questions on Fresh Page:
Always start long answers on fresh page so as to avoid the answers going to two pages in parts.
Always keep in mind to avoid any activity in the answer sheet that can irritate your examiner to avoid getting irritated at your result in the future.