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Question 40 – a BPP Revision kit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Question 40 – a BPP Revision kit

  • This topic has 4 replies, 2 voices, and was last updated 8 years ago by Ken Garrett.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • November 20, 2016 at 1:17 pm #350145
    Candy
    Member
    • Topics: 135
    • Replies: 79
    • ☆☆☆

    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

    November 20, 2016 at 1:21 pm #350146
    Candy
    Member
    • Topics: 135
    • Replies: 79
    • ☆☆☆

    Sorry correction:

    Assets <1%.

    75% Profit > 5%

    November 20, 2016 at 5:04 pm #350177
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    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.

    November 20, 2016 at 5:08 pm #350178
    Candy
    Member
    • Topics: 135
    • Replies: 79
    • ☆☆☆

    Raisin

    Thanks

    November 21, 2016 at 7:47 pm #350410
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10595
    • ☆☆☆☆☆

    I’m really sorry, but I haven’t been able to track down this question.

  • Author
    Posts
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