FMACCA Paper FM September 2020 Exam was.. Instant Poll and comments

Once your 3 hours are done, it’ll automatically submit the exam whether you end it or not.

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Keyroh:) Me also received same question in Sec C. However mine answer was also same that choosing factor is financially not viable. However in another part of 4 mark question which is related to operating cycle, it was asked about what will happen to operating cycle if factor services availed, it will be reduced definitely but the tricky part was here to calculate cost of goods sold this is what I understood in that part rest was fine. I wrote about letter of credit and bad debt insurance in further part of question about how co can secure foreign receivables and some short term and long term sources for working capital financing.

I got the question Chemical X. In b part it asked net benefit of eoq was it $2000?