• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Exception reports

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Exception reports

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Ken Garrett.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 5, 2019 at 12:57 pm #526275
    xyzc
    Participant
    • Topics: 413
    • Replies: 175
    • ☆☆☆☆

    But the correct answer in bpp revision kit is stated as option B, although option a) seems more directly linked to exception reports.

    August 5, 2019 at 4:45 pm #526319
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10597
    • ☆☆☆☆☆

    I do not think (b) is correct. For example, exception reports can report:

    An employee who has submitted a large overtime claim.
    A Cr balance on a receivables ledger.
    A line of inventory which has had no sales for 6 months.

    All of these are worth investigating (they are exceptional) but none would be part of any budget so answer (b) [“The analysis of those items where performance differs significantly from standard or budget”] would not cover them.

    However, answer (a) [The reporting of unusual events, outside the normal course of events] does. In fact answer (a) embraces answer (b) because a significant departure from budget is (or should be) an unusual event.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • mabdullah31 on Conceptual Framework – ACCA SBR lecture
  • MikeLittle on Illegalities – ACCA Corporate and Business Law (LW) (ENG)
  • roksy on Illegalities – ACCA Corporate and Business Law (LW) (ENG)
  • Fola94 on Presentation of financial statements – introduction – ACCA Financial Reporting (FR)
  • John Moffat on Financial management objectives – ACCA Financial Management (FM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in