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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBL Exams › identify/calculate and interpret financial and non-financial information
Hi there,
I’m seeing these terms being mentioned consistently on ACCA P3 exam papers. Please can you tell me what they are in layman’s terms with some examples?
Many thanks
Financial = usually normal accounting ratios. Eg current ratio, days of inventory.
Non-financial = for example, number of faults in manufacturing, customer satisfaction, staff turnover, market share.
thanks gromit!