[yiannis199415]

Thank you so much for your reply.

[yiannis199415]

Thank you so much for the insight as well as for your prompt reply.

[yiannis199415]

Sorry, I have one last question in regards to NPV = 0.

Assuming that in the Exam we were asked to choose between 2 mutually exclusive projects; Project A & Project B.

Project A has a negative NPV where as B’s NPV is 0.

If we were asked to choose between the two, as an answer could i give two perspectives to the examiner?

For example would this investment decision seem appropriate to the examiner?

“Since the Investor has to choose between the 2 projects, then Project B seems the best out of the two. However, approving Project B is highly risky, as the inflows are just estimates, and the actual NPV may appear to be negative (thus not financially viable). Therefore the investor should reject both projects”.

[yiannis199415]

Thank you for the detailed answer!
This looks so much more clear to me now!
Definitely going to start watching the video lectures!

[yiannis199415]

Thank you very much for your answer.
To be honest I was only going through the notes.
I will start watching the lectures as well, while covering the corresponding book chapters.

Once again, thank you!

[yiannis199415]

Thank you so much!

[yiannis199415]

Thanks for the insight.

Apart from the ACCA technical articles (found them on their site after your recommendation), does ACCA provides its students any other free online sources? (i.e. information which provides a greater depth of understanding in regards to some aspects of the course).

[yiannis199415]

* Further to my previous message, I just wanted to add that I found the 2016’s version of the book on the internet, but not sure whether some syllabus material has changed.

I am considering purchasing the latest version via BPP’s site and just wanted your views on it.

[yiannis199415]

Thank you for the clarification

[yiannis199415]

Thank you very much for your detailed answer.

[yiannis199415]

Thank you very much for your help.

Have a great day ahead.

[yiannis199415]

Thank you very much for your reply.

[yiannis199415]

Thank you for your prompt reply.

To be honest the reason I want to do both exams, is that I am still quite unsure of whether I want to stay in Cyprus and find an accounting job here or go back to the UK.

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