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Dec 16 question Heraklion Co

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Dec 16 question Heraklion Co

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Kim Smith.
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  • February 10, 2020 at 4:51 pm #561301
    reem1589
    Participant
    • Topics: 61
    • Replies: 17
    • ☆☆

    in the part where we have to find seven deficiencies in the sales system, is the follow deficiency and recommendation for addressing deficiency acceptable:

    deficiency: he credit limits of regular customers are not reviewed regularly by the sales director, this may lead to loss in sales revenue or increase in irrecoverable debt due to insufficient credit limit.

    recommendation: the sales director should regularly review the credit limits of regular customers and amend them as necessary.

    February 11, 2020 at 7:41 am #561329
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8274
    • ☆☆☆☆☆

    Not as an answer point to THIS question. The scenario is completely silent on what happens to credit limits after they are set – so you should not “make it up”/”speculate”. If the examiner wanted this answer point the examiner would have pointed to it – e.g. in the question Equestrian (M/J17) the scenario indicates that credit limits, once set, remain static.

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