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Hi Sir.
I would like to know how the own figure rule is applied in AFM.
Kindly explain using these examples.1 In Risk management if I chose put instead of call i will go on to make the calculations and discussion based on that. Will I able to earn marks if calculations are correct and discussion is on point
or
2 In Investment Appraisal , I could make a mistake in calculating ,say, cost of capital which could lead to a negative or positive NPV instead of the opposite. Will my discussion and subsequent calculations be marked based on my Cost of caapital.
Thank youIt applies in all ACCA exams.
You do not lose marks twice for the same mistake. If you get a figure wrong then you lose marks for that mistake, but will still get all the other marks if you then do the right thing on your figure.
It is however vital that you show your workings neatly so that the marker can follow what you are doing and still give you the marks.
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