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Interest Expense or Finance Charges?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Interest Expense or Finance Charges?

  • This topic has 1 reply, 2 voices, and was last updated 2 months ago by Stephen Widberg.
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  • Author
    Posts
  • July 14, 2023 at 7:56 am #687957
    AndrewPhoenix
    Participant
    • Topics: 6
    • Replies: 0
    • ☆

    Hi! Can I ask whether the wordings matter in SBR exam? For example can I use “interest expense” instead of “Finance Charges” in SBR Exam?

    Regards

    July 14, 2023 at 9:30 am #687965
    Stephen Widberg
    Keymaster
    • Topics: 15
    • Replies: 3073
    • ☆☆☆☆☆

    Both are fine. Finance charge just sounds posher.

    🙂

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