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qs washi co SEP 18 cross rates

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › qs washi co SEP 18 cross rates

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 19, 2020 at 2:56 am #581105
    sidishah
    Member
    • Topics: 34
    • Replies: 74
    • ☆☆

    Sir for cross rate we can calculate it as JPY/ARD also right? The marking scheme has calculated it as ARD/JPY. one will be a direct quote and other being indirect. I actually calculated it as a direct quote (JPY/ARD) . will I get marks?

    August 19, 2020 at 6:49 am #581133
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54660
    • ☆☆☆☆☆

    It doesn’t matter which way round you quote the rate. What matters is that you are doing the conversion correctly.

    August 19, 2020 at 12:50 pm #581182
    sidishah
    Member
    • Topics: 34
    • Replies: 74
    • ☆☆

    Thankyou Sir

    August 19, 2020 at 2:59 pm #581196
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54660
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘qs washi co SEP 18 cross rates’ is closed to new replies.

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