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Adam Smith's principles

Forums › Ask CIMA Tutor Forums › Ask CIMA F1 Tutor Forums › Adam Smith's principles

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by P2-D2.
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  • July 18, 2019 at 6:46 am #524132
    Alex
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    In the sample question, you ticked ‘simplicity’ as one of the principles.
    In another question, in my class notes the question itself states certainty as one of the principles. But, you said that it is not a principles.
    Please, further reiterate.

    July 23, 2019 at 3:13 pm #524732
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7163
    • ☆☆☆☆☆

    The principles are fairness/equality, certainty, convenience and efficiency.

    Thanks

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