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purchases SP

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › purchases SP

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Kim Smith.
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  • September 1, 2021 at 5:50 am #633736
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    Maam if the scenario doesn’t talk about sales tax and discounts on purchases/expenses at all can we still just assume it exists, and state that following as SP for purchases/expenses ?

    “recalculate the discounts and sales tax applied for s ample of purchase invoices to confirm accuracy”
    or it would be seen as a general procedure and discredited?

    September 1, 2021 at 9:07 am #633770
    Kim Smith
    Keymaster
    • Topics: 134
    • Replies: 8304
    • ☆☆☆☆☆

    Sounds like invention/speculation and not answering the question in the context of the specifics of the given scenario unless there is mention of discounts/sales tax.

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