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Foreign Currency Rate

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Foreign Currency Rate

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 9, 2015 at 11:22 am #289553
    pookie
    Member
    • Topics: 6
    • Replies: 11
    • ☆

    Hey. If by chance the incorrect rate was used in the “translation process” how much marks will you loose for that?

    December 9, 2015 at 11:30 am #289558
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    I’ve answered this yesterday evening! Was it on the “What did you think about the P2 exam?” thread?

    How many mistakes did you make? Just one! You used the wrong rate.

    It’s just one mistake. It’s a big mistake, but it’s still just one mistake

    Ok, you’ll lose a mark – probably 2 marks because it’s such a big mistake.

    But it’s not the end of the World. Life goes on. The principles that you have applied to your (incorrect) translated values could well all be correct and scoring freely for you

    Get over it – it’s not THAT important 🙂

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