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- This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.
- June 7, 2016 at 12:51 am #320102inverterMember
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Hello John, I hope you are doing well. I have a question regarding March 2016 examinations. Why has ACCA not published the questions for that exams? I know this question is not for you to answer. But the examiner keeps on saying suggested solutions in examiner report? I hope i am not missing anything 😛
There was a question in March for loan notes and it was mention Per $1000 (thousands) not hundreds. i took per thousands but mention in small note tht usuly its $100 but question specilficaly said $1000s. So if its in $1000s we take in $1000s right? It was unusual because i have never seen a question in which the bonds are in 1000s.
Have you explaned managing foregin recviables anywhere in your lectures? I was not able to find it. Anywhere in your revision lectures? If u havent i am bit struggling with it if u can explain a bit here? Thank You Sir JohnJune 7, 2016 at 8:56 am #320217John MoffatKeymaster
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The ACCA announced a year ago that they will only publish exams twice a year and that they will be hybrid exams.
In December they published a selection of questions from the September and December exams, and in June they will publish a selection of questions from the March and June exams.
Bonds usually have a nominal value of $100, but that is not ‘law’. If the question says the nominal value is $1000 then you work on $1000.
Managing foreign receivables is essentially the same as managing all receivables (except that obviously there is more risk of the debtor not paying). As far as any arithmetic is concerned it is only the managing of the exchange rate risk. These are both dealt with in the lectures.
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