Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Sorry, just saw this. It was Q2 one of the adjustments
@yinka228 said:
Sorry, just saw this. It was Q2 one of the adjustments
Based on my understanding :
For the COS in Q1, the value of C$1 – V$1.40 increased to 1.50 thus the C$ currency strengthened. This would lead to reduction in cost due to gain in forex. I calculated by translating 50% of COS with 1.4 then divide by new rate 1.5.
As for the risk and uncertainty question. The paragraph indicated that the directors are risk seekers but there was a phrase following saying something like “other models should still be calculated” My interpretation is “maximax is applicable, but still do the other generic methods, e.g. maximin, minimax regret & EV for P5 sake” haha
