The IB Accounting mark scheme is a detailed document that outlines the grading criteria and assessment standards for each exam paper. The mark scheme provides teachers and students with a clear understanding of how marks are allocated and how student responses are assessed.

Unlike a simple answer key, a complete IB mark scheme includes:

By understanding and using the mark scheme effectively, students can:

: Calculating Net Present Value (NPV), Payback Period, and Internal Rate of Return (IRR). Mark schemes prioritize the "own figure rule," where marks are still awarded for correct methods even if a previous calculation was wrong. Capital Investment Decisions