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How much can we round off in exam

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › How much can we round off in exam

  • This topic has 2 replies, 3 voices, and was last updated 9 years ago by AvatarSunout.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • March 9, 2017 at 10:12 am #377022
    Avatarfurqan.90
    Member
    • Topics: 34
    • Replies: 41
    • ☆☆

    Hi John,

    Apologies if it sounds like a stupid question.But if in an npv question we get revenue of
    $4,774,500 that is 4.74 million can we round it off to 4775 as its been done in the past exam questions but it seems like too much rounding off millions but problem is if i dont round it then my NPV calculation gets real messy.

    Thanks,
    Furqan

    March 9, 2017 at 2:21 pm #377097
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    There is no fixed rule, but usually round to the nearest thousand (so 4775).

    March 9, 2017 at 2:28 pm #377103
    AvatarSunout
    Member
    • Topics: 2
    • Replies: 9
    • ☆

    Thanks John =)

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  • The topic ‘How much can we round off in exam’ is closed to new replies.

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