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Marking Methodology

S

sanderina

Member
I have been practicing papers for the upcoming CA1 exams and found it hard to mark certain questions with answers that are more open to debate.

Are there discretion as to whether a point will score if it makes sense, but is not included as one of the possible points in the answer?

For example, sept 2015, paper 1 Qn 3ii part b.

I have written a point with regards to managing liquidity risk to "gain access to short term liquidity facilities from banks as required". However, this is not one of the suggested answer scheme.

Would this point score in this instance?
 
Only an actual examiner would be able to say for sure. Is this in the solution but expressed differently? If you are self assessing I'd say credit yourself with a mark only if it's on the schedule. Most things that would have scored would have made it into the examiners report and it's the marking scheme examiners follow so little scope to gain other credit.
 
Unfortunately, this is not in the solution nor expressed differently.
 
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