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Samuel Koroma says
July 8, 2019 at 12:44 pm
Thanks John the models for managing cash were well explained and the examples very helpful indeed. The most sensible one is the Miller Orr Model as it helps maintain or fix upper and lower levels of cash balances.
Is it in all cases the lower limit will be given in the exam? If not given how is it calculated? Is it right to say the return point = upper – lower limit?
March 5, 2020 at 10:42 am
It will always be given to you.
January 24, 2019 at 1:15 am
In this video, I can’t see the lecturer or the workings done on the screen. I can only see the white background.
January 24, 2019 at 1:19 am
The other lectures for this chapter are also having the same issue.
John Moffat says
January 24, 2019 at 10:20 am
Please ask in the Support forum (the link is higher up this page), and admin will help. The lectures are all working fine.
October 26, 2018 at 9:11 pm
What is the importance of this chapter with regards to the examination point of view? I don’t think they would ask a 20 mark subjective question on either cash budget or baumol formula? Also, Do they give objective type questions with respect to the theory part of this chapter? Thanks
October 27, 2018 at 11:18 am
Baumol is certainly unlikely (and if it was asked would only be part of a Section C question, not all of it), but it is in the syllabus. Cash budgets and Miller Orr have both been asked many times.
And yes – the exam does have objective type question in respect of the theory. 50% of the exam is theory as opposed to calculations.
Check the questions in your Revision Kit and you will see this.
October 6, 2018 at 6:34 pm
the introductory lecture was uploaded twice
October 7, 2018 at 9:28 am
Thank you for letting me know – I will have the link corrected.
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