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AAT Level 2 Certificate in Accounting (Q2022) - Principles of Costing (POCG) Vocabulary Game

Exam terms with clues and explanations by OpenExamPrep.

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Topics in the AAT Level 2 Certificate in Accounting (Q2022) - Principles of Costing (POCG) Vocabulary Game

6 terms

Recording system

8 terms

Recording techniques

4 terms

Planning and control

2 terms

Spreadsheet tools

Sources for these terms (2)

About the AAT Level 2 Principles of Costing Exam

AAT Level 2 Principles of Costing (POCG) is one of four units in the Q2022 Level 2 Certificate in Accounting. It introduces basic costing: cost classification and coding, inventory valuation using FIFO, LIFO and AVCO, labour costing, overhead absorption, comparing actual with budgeted costs, and using spreadsheets to support cost calculations.

Exam sponsor: Association of Accounting Technicians (AAT). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

Question count not published by the exam provider

Time Limit

1 hour 30 minutes

Passing Score

70% (standard AAT Level 2 unit pass mark)

Exam / Certification Fees

Around GBP 65 per Level 2 unit assessment, set by the AAT-approved venue, plus AAT student membership

Exam sponsor website

Reported exam pass rate: Not published at unit level. AAT does not release a separate pass rate for the Principles of Costing unit; the published pass standard is 70%. Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Frequently Asked Questions

Is the AAT POCG vocabulary game free?

Yes. The game is free to play with no sign-up. Signing in adds AI explanations for any term.

How do the AAT POCG vocabulary games work?

There are 4 games built on 20 AAT POCG terms. In Guess the Term, a clue describes one term and you have six tries to spell it, with green, yellow and gray letters showing how close you are. In Term Match, six terms appear as colored tiles; swap neighbors to line up three or more of the same term, and each match shows what the term means. In Term Pairs, twelve face-down cards hide six pairs of terms; flip two at a time to find each pair, and every pair you find shows what the term means. In Term Search, five terms hide in a grid of letters, reading across, down or diagonally; drag across a term to circle it, and each term you find shows what it means.

Where do the AAT POCG terms come from?

OpenExamPrep researched each term from the Association of Accounting Technicians (AAT) content outline and primary sources, listed under Sources on this page. The game is independent study material, not an official exam resource.

What is the AAT Level 2 Principles of Costing exam?

Principles of Costing (POCG) is one of four units in the AAT Q2022 Level 2 Certificate in Accounting. It introduces basic costing concepts and calculations and is assessed by a computer-based assessment at an AAT-approved venue.

What is the pass mark for AAT Principles of Costing?

AAT maintains a pass mark of 70% across all assessments, including Principles of Costing. The Principles of Costing unit assessment is computer based and computer marked.