FM Chapter 1 Questions – Financial management objectives
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Quiz very helpful thank you?
Are these notes and lectures are valid for Dec 2024?
Yes they are 🙂
Hi! Is the study material valid for September 2024 exam?
Yes it is – there are no syllabus changes 🙂
Good day thank you for your effort, my question is regarding the material my exams on June 2024 so can I use the material available or their are new materials .
The lectures are all valid for the June 2024 exams.
hey….
Are all the lectures, notes and everything here valid for December 2023
Yes they are.
are all the lectures,notes and everything here valid for december 2023
Hello. Why maximising and satisficing weren’t mentioned in the notes? Thank you
Good day to you
Is open tuition for FM valid for September 2023 exam?
Yes – everything is valid for September 2023
thankyou for the quiz. I have a question, is there is any explanation on question 4 on why is both statement is true?
Im a bit concern about, is opentuition is well equipped for 2022 december exam?
They are the definitions of maximising and satisficing 🙂
Our lectures are always up-to-date for the current syllabus.
Good day to you
Is open tuition for FM valid for march 2023
Yes. The ACCA will not review the syllabus until after the June 2023 exams.
Hi! I would like to ask why the most appropriate objective for a not-for-profit organization is the efficient use of resources and not minimizing input costs? Thank you!
Using resources as efficiently as possible will automatically reduce the input costs for the same provision of services. They will make sure that the buy their resources from the cheapest supplier but their main objective will be to use those resources to their best advantage.
For more on not-for-profit organisations do watch our free Paper PM lectures on them (it is more relevant for Paper PM).
Open tuition you are the best!
Thanks 🙂
NICE ONE. I LOVE THIS OPPORTUNITY
Thanks for the quiz. Its really helpful.
Great
🙂
A very well put together Quiz. Thanks a lot for all the efforts OpenTution!!
Thank you (although appreciate that it is only a quick quiz and you must buy a Revision Kit from one of the ACCA Approved Publishers, because it is full of questions to practice 🙂 )
Thanks for the quiz. Very helpful practice though a bit tricky as the quiz covers areas like VFM, Stakeholders and maximising and satisfying not contained in the lectures notes or video lecture on this chapter.
Is FM course well equipped for 2020 exam session? mean all lecture,guide note,Quiz,Flashcard enough for Financial management? Because I am only following Opentuition footstep for my exam on Sep 2020 sitting.
Everything is up to date for the September 2020 exam.
However do make sure you buy a Revision Kit from one of the ACCA approved publishers because practice at past exam and other exam standard questions is vital.
best of luck jani
plz give me feedback when you will attempt the paper
thank you for the quiz
well formulated
opened my mind
Thank you for your comment 🙂
Please help me in understanding the distinction between Maximising and Satisficing ?
Maximising is getting the best possible result. Satisfying is getting an acceptable result – i.e. one that satisfies the person making the decision.
For example, the best possible result in an exam is 100%. However if the pass rate is 50% you might be satisfied with getting only 51%.
Great explanation
Thank you for your comment 🙂
Thank you very much. John sir.
Thank you for the quiz, John. Super helpful! 🙂
You are welcome 🙂