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ACCA Performance Management lectures Download PM notes
July 20, 2018 at 12:05 pm
Has expected values in budgeting been omitted from the syllabus?
John Moffat says
July 20, 2018 at 5:25 pm
No, and expected values are explained in full in the lectures on risk and uncertainty.
July 20, 2018 at 10:42 pm
Right sir, thank you.
July 21, 2018 at 7:32 am
You are welcome 🙂
November 3, 2017 at 5:49 pm
Do you think you are going to give one example for a step-up in fixed costs?
November 4, 2017 at 8:57 am
Maybe, but there should not really be a need if you understand what you are doing.
June 1, 2017 at 10:16 am
Thank you sir for the lecture. Will the answer be incorrect if we take any values for the high-low method, other than the highest and the lowest? and why?
June 1, 2017 at 3:38 pm
It depends on the question.
Strictly you should only ever take the highest and lowest independent variable (taking others would potentially give the wrong answer because that would only work if everything was completely linear).
However, if in the exam there are only three values (and a step-up in fixed costs) then the examiner makes sure that they are linear and so then it does not matter which two you choose.
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