Strategy formulation (Part 1) – ACCA (AFM) lectures
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Hello Sir, Is this enough to pass if we watch video lectures and revision videos of opentution only?
Yes, but only if you also read all of the technical articles on the ACCA website and also buy a Revision Kit from one of the ACCA Approved Publishers because it contains lots of past exam question to attempt for practice.
Hi Sir,
can you define Acid test (quick ratio), why we need to reduce inventory from current assets??
This is knowledge from Paper FA (was F3) !! It is to see how easily the company can pay its short term liabilities (it takes longer to get cash in from inventory because it has to be sold first and then takes time for the debtor to pay).
I cannot find the example in the exam notes?
It’s on Page 17 of the exam notes, Repse plc.