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September 30, 2022 at 4:24 pm
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?
John Moffat says
September 30, 2022 at 6:13 pm
They are the definitions of maximising and satisficing 🙂
Our lectures are always up-to-date for the current syllabus.
February 11, 2022 at 6:32 am
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!
February 11, 2022 at 8:57 am
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).
October 22, 2021 at 6:53 am
Open tuition you are the best!
October 22, 2021 at 8:56 am
August 10, 2021 at 3:59 pm
NICE ONE. I LOVE THIS OPPORTUNITY
June 30, 2021 at 5:21 pm
Thanks for the quiz. Its really helpful.
June 12, 2021 at 1:03 pm
June 12, 2021 at 3:07 pm
May 28, 2021 at 1:45 pm
A very well put together Quiz. Thanks a lot for all the efforts OpenTution!!
May 28, 2021 at 1:58 pm
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 🙂 )
December 29, 2020 at 3:23 pm
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.
August 4, 2020 at 11:39 pm
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.
August 5, 2020 at 8:09 am
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.
August 22, 2020 at 7:05 am
best of luck jani
plz give me feedback when you will attempt the paper
August 4, 2020 at 10:12 am
thank you for the quiz
opened my mind
August 4, 2020 at 3:41 pm
Thank you for your comment 🙂
March 7, 2020 at 7:56 am
Please help me in understanding the distinction between Maximising and Satisficing ?
March 7, 2020 at 8:56 am
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%.
June 5, 2020 at 2:07 pm
June 5, 2020 at 4:17 pm
February 27, 2020 at 5:58 am
Thank you very much. John sir.
January 17, 2020 at 6:33 am
Thank you for the quiz, John. Super helpful! 🙂
January 17, 2020 at 7:25 am
You are welcome 🙂
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