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Ask the Tutor ACCA AFM

Calculator vs table

LLebo7y ago
Good Day John I would like to know if will I be penalized in the exam if I use my financial calculator and show all the input functions when I have to calculate the PV (Market Value) for example etc? Or do I have to use the PV tables provided in the formulae sheets in the exam? P.S It's my 1st time writing the AFM exam, I was exempted from writing the FM paper. Thank you in advance.
John MoffatJohn MoffatTutor7y ago#1
You will not be penalised provided that all of your workings are clear - the marks are for the workings and not for the final answer. (And do make sure that your calculator does not display text at all - that it only displays numbers. The ACCA regulations do not allow calculators that display text.)
LLebo7y ago#2
Thank you John.
John MoffatJohn MoffatTutor7y ago#3
You are welcome :-)
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