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P4 DEC11

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › P4 DEC11

  • This topic has 5 replies, 2 voices, and was last updated 10 years ago by John Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • May 11, 2015 at 7:33 am #245206
    310zcx
    Member
    • Topics: 52
    • Replies: 66
    • ☆☆

    for this paper, the Q1.
    The examiner calculate the contribution of $4 separately, can I calculate like this: convert to the GR and integrate into the APV?
    thanks!

    May 11, 2015 at 8:54 am #245231
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    It is integrated into the APV in the examiners answer.

    I think you mean integrate it into the NPV. You should not, because it is earned in $’s and so you should keep it in $’s rather than convert (and then convert it back again).

    May 11, 2015 at 11:24 am #245249
    310zcx
    Member
    • Topics: 52
    • Replies: 66
    • ☆☆

    Yes. NPV
    If it should keep it as $. The sales price and the component bought from Tramont, all of these figures are quoted as $. but we should convert at GR. I am still do not understand why only this figure should keep as $. It seems does not make sense because this 4 contribution arises due to brought from Tramont and cost $7. why examiner convert 7 and keep 4 during calculation! If I convert during the exam? I wil lose marks? Thanks John.

    May 11, 2015 at 4:09 pm #245285
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    The contribution is an additional $ receipt to Tramont (additional to the remittances from GR), and therefore should be dealt with as it is in the answer.
    You would lose marks doing it differently.

    May 11, 2015 at 11:14 pm #245359
    310zcx
    Member
    • Topics: 52
    • Replies: 66
    • ☆☆

    I understand. Thanks.

    May 12, 2015 at 6:58 am #245392
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54662
    • ☆☆☆☆☆

    You are welcome 🙂

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    Posts
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