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Doubt

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Doubt

  • This topic has 7 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 8 posts - 1 through 8 (of 8 total)
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  • February 20, 2016 at 10:51 am #301229
    6shahir
    Member
    • Topics: 202
    • Replies: 296
    • ☆☆☆

    Which one of the following items is unlikely to be considered a one off item which would impact the comparability of ratios?

    What do u mean by this kaplan kit question no.1 147, pg 47

    February 21, 2016 at 9:25 am #301354
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    “What do u mean by this kaplan kit question no.1 147, pg 47” – let me ask you this – Why are you asking me what I mean?

    Give me the full question and I’ll try to explain it for you

    February 21, 2016 at 4:58 pm #301449
    6shahir
    Member
    • Topics: 202
    • Replies: 296
    • ☆☆☆

    what do u mean by oneoff item?

    February 22, 2016 at 8:12 am #301530
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    Let me turn this round (because it wasn’t me that used that expression!), what do YOU mean by oneoff item?

    I ask again, “Why are YOU asking ME what I mean?” – it’s you that is using these expressions, not me!

    Now, may I suggest that you rephrase your question to something like “I don’t understand the expression “one-off item”. Please could you explain what that means?”

    If that’s your question, then ask it, and I’ll answer

    February 22, 2016 at 3:15 pm #301560
    6shahir
    Member
    • Topics: 202
    • Replies: 296
    • ☆☆☆

    yeah ,“I don’t understand the expression “one-off item”? which would impact the comparability of ratios?

    February 22, 2016 at 5:14 pm #301576
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    A “one-off” item is an item of a non-recurrent nature. A sale of an item of plant is not a transaction happening in the ordinary course of business. It may in fact be the only sale of plant that takes place in that year. So, in that situation, it truly IS a one-off.

    But the expression is applied to any transaction that is unusual and, importantly, non-recurrent in its nature

    Does that explain it for you?

    February 23, 2016 at 7:43 am #301642
    6shahir
    Member
    • Topics: 202
    • Replies: 296
    • ☆☆☆

    yeah thnks

    February 23, 2016 at 9:58 am #301668
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    You’re welcome

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