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Answer Format ( Question 24 PM Specimen EXAM ACCA)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Answer Format ( Question 24 PM Specimen EXAM ACCA)

  • This topic has 5 replies, 2 voices, and was last updated 2 years ago by John Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • October 6, 2022 at 8:27 pm #668060
    kvz911
    Participant
    • Topics: 12
    • Replies: 47
    • ☆☆

    Using probabilistic budgeting, what is the expected budgeted contribution of the office chairs (to the nearest whole $)?

    SIR,

    The answer is 362600 and I got the correct answer in my calculator.

    But I typed “363000” in the box because they asked (to the nearest whole $)

    But the answer in the solution is 362600.
    Why did they do this

    I would have scored 0 in the exam FOR THIS.

    October 7, 2022 at 10:29 am #668082
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    You would have scored 0 because typing 363000 is giving it to the nearest $1,000 and not to the nearest whole $.

    October 7, 2022 at 12:59 pm #668093
    kvz911
    Participant
    • Topics: 12
    • Replies: 47
    • ☆☆

    Sorry Sir, I just figured out that I asked a dumb question ! :’)

    So sir If the Answer in my Calculator 362950 & they asked to the nearest whole then the answer is 362950 & if they ask to the nearest $1000, the answer is 363000 !

    October 7, 2022 at 4:19 pm #668106
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    Yes, what you have written is correct 🙂

    October 8, 2022 at 8:21 am #668114
    kvz911
    Participant
    • Topics: 12
    • Replies: 47
    • ☆☆

    Thank you sir. 🙂 <3

    October 8, 2022 at 8:25 am #668116
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54655
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
  • The topic ‘Answer Format ( Question 24 PM Specimen EXAM ACCA)’ is closed to new replies.

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