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F9 June 2016 exam questions

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › F9 June 2016 exam questions

  • This topic has 3 replies, 2 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • June 22, 2016 at 2:23 pm #323813
    peaky83
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    Hi, In the F9 2016 June exam, a question was asked on raising finance for a SME.

    There are lots of answers to this, I went on saying about for Forfaiting and how this could be used.

    Not sure if this would get any marks, can someone advise?

    June 22, 2016 at 5:25 pm #323828
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54745
    • ☆☆☆☆☆

    You will probably be given some credit (assuming you explained properly what it is).
    However, it is not a source relevant to all SME’s because it is only relevant for exporters (selling foreign receivables to the forfeiter) and, of course, not all SME’s do any exporting.
    The main sources of finance that the examiner would be after are those discussed in my free lectures.

    (And if you ask in this forum, because it is Ask the Tutor, the ‘someone’ who answers will always be me 🙂 🙂 )

    June 22, 2016 at 5:46 pm #323831
    peaky83
    Member
    • Topics: 1
    • Replies: 2
    • ☆

    Thank you John that is great. The question did say give TWO examples of raising finance by an SME. I guess the fact it did not specify if it was a foreign exporter or not, I could conclude It is a source.

    am kicking myself now as there was so many answers to give.

    June 23, 2016 at 7:10 am #323857
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54745
    • ☆☆☆☆☆

    You are welcome 🙂

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