Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Min order quantity reorder level and lead times
- This topic has 5 replies, 2 voices, and was last updated 4 years ago by John Moffat.
- AuthorPosts
- October 12, 2019 at 12:00 pm #548887
Sir can we be asked about reorder level lead times min max usage in f9 repetition of topic in f2
October 12, 2019 at 2:23 pm #548905In theory yes, but in practice it is extremely unlikely (and I don’t think has ever been asked in Paper FM).
October 12, 2019 at 2:54 pm #548913Thankyou sir
Also can you tell me about bankers acceptancesOctober 13, 2019 at 10:37 am #548980In future you must start a new thread when you are asking about a different topic.
Suppose you sell goods on credit with the amount payable in (say) 2 months time. There is obviously a risk that the customer might end up not paying. So you might ask for a bankers acceptance (or bill of exchange) which is like a post-dated cheque. It is a paper guaranteed by the customer’s bank promising payment in 2 months time. You can either wait the 2 months and are guaranteed to then get the money, or (if you want the money sooner) you can sell the paper to someone else at a discount. The someone else will then get the money in 2 months time.
October 13, 2019 at 1:27 pm #549003Noted sir
ThanksOctober 13, 2019 at 2:42 pm #549008You are welcome 🙂
- AuthorPosts
- The topic ‘Min order quantity reorder level and lead times’ is closed to new replies.