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Invent a number (I asssume that…)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › Invent a number (I asssume that…)

  • This topic has 2 replies, 2 voices, and was last updated 9 years ago by teme2009.
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  • June 1, 2016 at 2:29 pm #318628
    teme2009
    Member
    • Topics: 7
    • Replies: 15
    • ☆

    In most exam technique related webinars and online tuitions many advise that in cases of complex calculations that would take longer time, it would be better to invent or assume a number and then give explanations or interpreataions on that number …then if the interpretaion or evalauation seems logical, students will score from that.

    my worry is if the actual number (final figure) may be a positive NPV/EVA while students invent a negetive NPV/EVA…will that still be ok as long as explanations are well?

    thank you

    June 1, 2016 at 3:00 pm #318634
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10597
    • ☆☆☆☆☆

    I would never advise to invent without some attempt at calculating it.

    If you don’t get to an answer and part of the question depends on discussing the answer, then try to hedge your bets. Eg do this if the NPV or EVA is positive, do something else if they are negative.

    June 2, 2016 at 7:39 am #318818
    teme2009
    Member
    • Topics: 7
    • Replies: 15
    • ☆

    Thank you so much Garrett!!!

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