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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Answer Format ( Question 24 PM Specimen EXAM ACCA)
Using probabilistic budgeting, what is the expected budgeted contribution of the office chairs (to the nearest whole $)?
SIR,
The answer is 362600 and I got the correct answer in my calculator.
But I typed “363000” in the box because they asked (to the nearest whole $)
But the answer in the solution is 362600.
Why did they do this
I would have scored 0 in the exam FOR THIS.
You would have scored 0 because typing 363000 is giving it to the nearest $1,000 and not to the nearest whole $.
Sorry Sir, I just figured out that I asked a dumb question ! :’)
So sir If the Answer in my Calculator 362950 & they asked to the nearest whole then the answer is 362950 & if they ask to the nearest $1000, the answer is 363000 !
Yes, what you have written is correct 🙂
Thank you sir. 🙂 <3
You are welcome 🙂