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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Newtown School (6/13 exam)
Hi sir,
I don’t quite understand why when calculating salaries the cost should be divided by 2. Could you help explain this please?
Thank you so much.
It is because the pay his of 2% will be given half way through the year. The year ends on 31 May and the pay rise is on 1 December.
