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Question 40 - a BPP Revision kit

CCandy9y ago
Dear sir, This question states that the Receivable is not material. However following guidelines percentages: 2.4% revenue > 0.5% 75% Assets > 1% Why is the answer not then material? Please explain how I should use the guidelines as I am confused Many thanks
CCandy9y ago#1
Sorry correction: Assets <1%. 75% Profit > 5%
kengarrettkengarrettTutor9y ago#2
I don't have an up-to-date BPP revision kit. Tell me the name of the question and I'll see if I can find it somewhere.
CCandy9y ago#3
Raisin Thanks
kengarrettkengarrettTutor9y ago#4
I'm really sorry, but I haven't been able to track down this question.
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