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F9 – Risk Managment

Forums › ACCA Forums › ACCA FM Financial Management Forums › F9 – Risk Managment

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by muriela.
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  • December 1, 2014 at 8:12 pm #215452
    bhavi1
    Member
    • Topics: 3
    • Replies: 0
    • ☆

    Hi please can you help me on a query in the BPP Revision kit

    Question 92.5 – Payment

    why have they used the high spot rate of $2.00

    Question 94 – Payment

    Why have the used the low rate spot rate of 12.500 Pesos

    Please can you let me know

    Thanks

    Bhavna

    December 1, 2014 at 8:56 pm #215531
    muriela
    Member
    • Topics: 2
    • Replies: 6
    • ☆

    In 92.5 if they would use 1$ rate to € it would also low spot rate. Notice they are using1€ to $ in hope we will be more confused.
    Magda

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