If the currency of the examination paper is $ will candidates be penalised if they answer in £?
Answers You can order the new papers from the 1st September for examinations to be sat from the 1st October. The qualification will be fundable. However, you will need to contact you LSC once we have received accreditation to find out if you can receive funding. There will be one sample paper available on the website for each level plus an additional question paper and marking scheme available at each level in the Examination Support Guide. The guide will be available from the City & Guilds website. Although more tasks are in the new papers candidates will no longer need to draw out the accounts. Candidates are provided with an answer booklet which has the accounts pre-printed which will save the candidate time. The new Level 3 Accounting qualification will be know as the 8991 Accounting and Book-keeping. City and Guilds examinations are taken throughout the world, not just the UK. 17.5% is one of the three VAT rates used in the UK (the others being the reduced rate of 5% and zero-rate
