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How are we marked for good discussion based on wrong calculation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › How are we marked for good discussion based on wrong calculation

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
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  • November 24, 2020 at 4:28 pm #596291
    siwela1
    Member
    • Topics: 24
    • Replies: 17
    • ☆

    I heard that we cannot be penalised twice in calculations for errors carried forward.

    But do I get credit for discussion-based answers which are relevant and accurate to my own calculations, with my calculations being wrong?
    Hope this was clear.

    November 24, 2020 at 5:22 pm #596308
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54738
    • ☆☆☆☆☆

    Yes. You get credit for properly discussing the figures that you calculated even if your figures are wrong and it results in you coming to different conclusions.

    So giving a very basic example, if you were required to calculate an NPV and the correct answer is that it is a positive NPV, then the correct discussion would obviously be to say that the project should be accepted.
    If you make a calculation mistake and get a negative NPV then obviously you would lose some marks for the calculations. However if you discussed correctly and said that it should be rejected because it is negative, then you would get full marks for the discussion 🙂

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