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How to present to maximize max ?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › How to present to maximize max ?

  • This topic has 1 reply, 2 voices, and was last updated 2 years ago by John Moffat.
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  • Author
    Posts
  • December 19, 2023 at 3:10 pm #697053
    phuongmore
    Participant
    • Topics: 131
    • Replies: 128
    • ☆☆☆

    For NPV question, the examiners often begin with a long proforma of NPV and follows by some workings.

    NPV is often awarded only 1 mark.
    Each working will be awarded 1-2 marks.

    Should I begin with workings and follow by proforma of NPV ? In the context of pressure time in exam, I think this is better way to use time efficient to maximize max.

    For example, if I have just 5 left minutes, instead of preparing a long proforma of NPV ( input some direct figures from scenario such as initial investment, discount factor which ears no mark) to result NPV (which just earn 1 mark) , I would begin with preparing working (TAD, working capital, cost with inflation…) and earn 1-2 mark for each working.

    Do you think this way is better?
    Thank you.

    December 19, 2023 at 4:23 pm #697059
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    Yes, that all makes sense.

    Just as important if you are running out of time is to make sure you do something (however little) for every part of every question.

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