Financial Services 2017 HSC exam pack (archive)
2017 Financial Services HSC exam paper
Marking guidelines
Marking guidelines are developed with the exam paper and are used by markers to guide their marking of a student's response. The table shows the criteria with each mark or mark range.
Sample answers may also be developed and included in the guidelines to make sure questions assess a student's knowledge and skills, and guide the Supervisor of Marking on the expected nature and scope of a student's response. They are not intended to be exemplary or even complete answers or responses.
Marking feedback
Select from the sections below to view feedback from HSC markers about how students performed in this year’s exam.
Use the feedback to guide preparation for future exams. Feedback includes an overview of the qualities of better responses. Feedback may not be provided for every question.
Feedback on written exam
Students should:
- distinguish between the effects on financial reports of various business transactions
- communicate the role of compliance in the financial services industry
- explain strategies to address a range of financial services issues
- be able to display the relevance of balance day adjustments in the Accounting Stream questions
- respond correctly to the key words used, for example, ‘explain’, ‘distinguish’
- communicate using appropriate financial services terminology
- make reference to relevant legislation for each focus area
- provide relevant workplace examples.
Students should expect:
- questions to be of varying difficulty
- to be guided by the marks allocated for the depth of the response.
Students can prepare for this examination by:
- practising applying workplace examples to the different focus areas
- practising applying the correct formulas to different calculations for those focus area requiring calculations, and understand the supporting theory
- knowing the appropriate application for relevant legislation
- applying relevant financial services operations from student experience on work placement
- knowing the employability skills that are relevant to various situations
- understanding changes in technology and their effects on financial services
- practising past HSC examination questions from the focus area they have studied, especially in the Accounting Stream area, referring to the marking guidelines.
In better responses, students were able to:
- support arguments using relevant justifications or reasons
- accurately interpret the question, giving a clear concise response
- communicate strategies linked to different financial services issues
- integrate the rubric requirements into the extended response
- provide the necessary accounts receivable process.
HSC exam resources
Search for more HSC standards materials and exam packs.
Financial Services syllabus
Find out more about the Financial Services syllabus.
Request accessible format of this publication.