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examiner report j17

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › examiner report j17

  • This topic has 3 replies, 2 voices, and was last updated 1 week ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • February 23, 2021 at 3:21 pm #611449
    draiells
    • Topics: 123
    • Replies: 141
    • ☆☆☆

    Hello pls kindly explain what is meant by ”money market lending is securitized” i dont understand arent Commercial papers unsecured

    February 23, 2021 at 4:59 pm #611461
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 42732
    • ☆☆☆☆☆

    Strictly speaking you are correct. However given that they are issued by large companies with excellent credit ratings, they are very secure investments which is what the examiner was intending to mean.

    (Out of interest, how did you find this examiners report since it is no longer available on the ACCA website? I know that lots of ACCA material is available on various websites, but they are illegally sharing copyright material which is why the ACCA is continually trying to shut these websites down, and have made it against their rules for students to access them (although obviously they cannot monitor that 🙂 ) It is only BPP and Kaplan that are allowed to print copies of ACCA material – they are approved and they pay for the right 🙂 )

    February 24, 2021 at 7:13 am #611499
    draiells
    • Topics: 123
    • Replies: 141
    • ☆☆☆

    oh, Actually it was there on acca website months ago, and then yesterday I came across this MCQ again in bpp kit.

    February 24, 2021 at 7:59 am #611513
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 42732
    • ☆☆☆☆☆

    You are welcome 🙂

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Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘examiner report j17’ is closed to new replies.

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