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P2 – Mar/Jun 2016 – Sample question

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › P2 – Mar/Jun 2016 – Sample question

  • This topic has 1 reply, 1 voice, and was last updated 8 years ago by phuongdieu.
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  • March 27, 2017 at 8:51 am #379343
    phuongdieu
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Hi all,

    My question is about section A, 1a:

    As my understanding, the PBT was deducted only $1m whilst total impairment of the Financial Asset was $8m (Working #1) and $1m was recorded. So another loss of $7m should be added –> PBT should be $190m (183+7).

    However, the answer was $182m (183-1).

    Could you please help to explain it?

    Many thanks and regards.

    March 27, 2017 at 9:07 am #379346
    phuongdieu
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Please ignore my question as I found the answer. Regards.

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