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Analytical Procedures

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Analytical Procedures

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 1, 2017 at 4:48 pm #419461
    heavens0touch
    Member
    • Topics: 10
    • Replies: 12
    • ☆

    Hello Mike

    Do we need to provide full calculation for ratios in appendix or can we just do the math in calculator and write the % rather then full figures.

    I understand marks are usually capped to 6 or 7 for calculations.

    Just dont want to lose these marks but at the same time dont want to spend too much time on calculations.
    Its quick to write 11.4% as appose to 890/7800 x 100 = 11.4%.

    This could probably save 3 or 4 min which is very ‘Material’ on exam day.

    Thanks

    December 1, 2017 at 6:51 pm #419487
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23362
    • ☆☆☆☆☆

    Write the workings out – if you make a mistake on your calculator but you have all the figures correct you lose potentially 3 or 4 marks whereas if you had written out the figures correctly yet made a calculation error (pressed #8 instead of #9 for example) you would probably lose NO marks

    And writing out the basis of calculations is certainly NOT going to take 3 or 4 minutes!

    Try it – take 4 formulae and write them out. It will, I guarantee, not take 3 minutes!

    OK?

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  • The topic ‘Analytical Procedures’ is closed to new replies.

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