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Performance Management

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Performance Management

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
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  • January 27, 2021 at 7:09 pm #608274
    agboolakenny84
    Participant
    • Topics: 19
    • Replies: 105
    • ☆☆

    Good evening Sir. I know how to answer performance management questions quite well due to your lectures, I have a question though.
    In BPP Revision kit, the performance management answers always seem to contradict the instructions given in the question. For example, a question can say give you answer to 2 decimal places and when you’re calculating for let’s say inventory days, you arrive at a number like 52.14. Isn’t that meant to be the answer, but in BPP the answer will be 52 instead of 52.14. Do decimal points matter in inventory, receivables and payable days?
    Thank you.

    January 28, 2021 at 9:23 am #608322
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    In the exam it will be made clear. If the question asks for it to the nearest day then the answer will be 52 days. If not then the answer would be 52.14 days.

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