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Marking scheme

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Marking scheme

  • This topic has 6 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 7 posts - 1 through 7 (of 7 total)
  • Author
    Posts
  • June 9, 2015 at 3:34 pm #255577
    Gvtftf
    Member
    • Topics: 25
    • Replies: 698
    • ☆☆☆☆

    Dear Mr Moffat

    If the question asks to discuss the assessment of creditworthiness, but I discuss overall receivables management instead (correctly though), will I get any marks for it? I believe You understand the situation Im referring to, when the question is interpreted incorrectly by a student, but he writes sensible points on other idea though.

    Thanks in advance!

    June 9, 2015 at 3:39 pm #255579
    Gvtftf
    Member
    • Topics: 25
    • Replies: 698
    • ☆☆☆☆

    Or, for example, if they ask for forward rate agreements relating to interest rates, but I discuss forward contracts related to currency exchange instead? Etc

    June 9, 2015 at 5:20 pm #255642
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54802
    • ☆☆☆☆☆

    You will get some marks, certainly, but you will only get full marks if you actually discuss what the question asked for.

    In relation to the FRA’s you will get very few marks if you discussed forward contracts for exchange rates when it specifically referred to FRA’s for interest rates. Sorry 🙁

    June 9, 2015 at 5:27 pm #255654
    Gvtftf
    Member
    • Topics: 25
    • Replies: 698
    • ☆☆☆☆

    But I still get some marks, Sir, is that correct? 🙂 so no zeros?

    June 9, 2015 at 5:39 pm #255671
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54802
    • ☆☆☆☆☆

    I am not your marker, but I don’t think zeros 🙂

    June 9, 2015 at 5:57 pm #255691
    Gvtftf
    Member
    • Topics: 25
    • Replies: 698
    • ☆☆☆☆

    Thanks Sir, you made me happier, even one point will be ok :))

    June 9, 2015 at 6:08 pm #255705
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54802
    • ☆☆☆☆☆

    🙂

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