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Control Accounts and Correction of Errors
Practice Questions

20 CIE IGCSE Accounting questions on Control Accounts and Correction of Errors, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Control Accounts and Correction of Errors.

Try 2 sample questions on Control Accounts and Correction of Errors

Question 1 · 1 mark · Difficulty 1/3

What is the purpose of a sales ledger control account?

  1. To record cash received from all customers
  2. To record individual transactions with each credit customer
  3. To provide a total of amounts owed by trade receivables
  4. To calculate the profit made on credit sales
Show answer & explanation
✓ Answer: C — To provide a total of amounts owed by trade receivables
Award 1 mark for identifying that the sales ledger control account provides a total of amounts owed by trade receivables (debtors). B is incorrect — individual transactions are recorded in the sales ledger, not the control account. D is incorrect — profit calculation is not the function of a control account. A is incorrect — it records credit transactions, not all cash received.
Question 2 · 1 mark · Difficulty 2/3

Ahmed runs a trading business in Karachi. During the year, he set off $800 owed to a supplier, Hassan, against $1,200 owed by Hassan as a customer. What is the correct journal entry to record this contra entry?

  1. Debit Sales ledger control $800, Credit Purchases ledger control $800
  2. Debit Purchases ledger control $800, Credit Sales ledger control $800
  3. Debit Purchases ledger control $400, Credit Sales ledger control $400
  4. Debit Sales ledger control $1,200, Credit Purchases ledger control $1,200
Show answer & explanation
✓ Answer: B — Debit Purchases ledger control $800, Credit Sales ledger control $800
Award 1 mark for correct journal entry. A contra entry uses the lower of the two amounts ($800). Debit purchases ledger control (reduces liability) and credit sales ledger control (reduces asset). A is incorrect — debits and credits are reversed. C is incorrect — uses the difference, not the lower amount. D is incorrect — uses the higher amount.
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CIE IGCSE Accounting: Control Accounts and Correction of Errors FAQ

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Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Control Accounts and Correction of Errors practice with other Accounting topics or even switch to a totally different CIE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Control Accounts and Correction of Errors questions aligned to the official CIE IGCSE Accounting syllabus?
Every question is written against the published CIE IGCSE Accounting specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CIE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CIE.
How is Control Accounts and Correction of Errors typically tested on CIE IGCSE Accounting papers?
Control Accounts and Correction of Errors appears across multiple question types on real CIE IGCSE Accounting papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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