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  2. Hi

    I am seeing whereby the scripted answer to part b) covered assessing creditworthiness, credit control, and collection.

    However, my question is are those “factors” or “techniques” and would i get equal marks if I gave factors such as length of cash cycle, terms of trade, organisation’s policy and nature of the business?

    Thank you

  4. It would be unfair for me to get expected values in F9 this sitting, I have had MY SHARE of expected values in F5 exam, it was more of an expected values exam rather than performance management O.o Not this time again!

  5. lol Mr. John, it is unbelievable how you predict the students reaction. I was listening and the minute I heard expected values, I opened my eyes wide and then you followed it by: and that immediately put students off! 馃檪

    I think I will solve this question on my own then come back to the recording, I was only checking the requirement. I think it would be a good idea to include the topic the question is discussing with the name of the question (on the question link) Just a suggestion 馃檪

    Thank you!

    Maha

  6. Sir As asked by a student earlier on this forum.
    In the question part a.) i and ii I feel there is an easier way out:

    Ex part i)
    Opening (500)
    EV
    8000*.10=800
    4000*.60=2400
    (2000)*.30=(600)
    Total of 2600
    Total closing: -500 + 2600
    I too worked out like below:
    Question a ii
    Opening balance 拢2100 ( as calculated from question one)
    Cash flow
    7000脳0.3=2100
    3000x 0.5 = 1500
    (9000) x 0.2= (1800)
    Total 1800
    Add the opening balance gives you 拢3900

  8. Hi

    I have just attempted this question and then watched the lecture to check what I have done and I noticed that on question 1a ii I have worked out the answer in a much simpler may but it is still the same answer as in the tutorial.
    If I show you have. I calculated the answer can you advise me if this would be acceptable in the exam or if I should use the method in the video.

    Question a ii
    Opening balance 拢2100 ( as calculated from question one)
    Cash flow
    7000×0.3=2100
    3000x 0.5 = 1500
    (9000) x 0.2= (1800)
    Total 1800
    Add the opening balance gives you 拢3900

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