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Question related to answer value

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA MA – FIA FMA › Question related to answer value

  • This topic has 3 replies, 2 voices, and was last updated 2 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • March 6, 2024 at 6:24 am #702127
    Avataranqa
    Participant
    • Topics: 17
    • Replies: 10
    • ☆

    Sir when I am solving questions and it requires to divide two values like I am finding contribution sales ratio value and by dividing dollar 20 by 30 it’s 0.66666667 and if I put only 0.667 in the formula of break even revenue which is fixed cost divided by c/s ratio the value which comes when I solve question is different from value on kit just because they used value of c/s ratio 0.66667 sir I am confused about how much value in decimal places should I use in calculation everytime in kit there are different values of different decimal places used

    March 6, 2024 at 7:25 am #702139
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    I am afraid that there is no rule on this and it depends on the question.

    As far as this question is concerned, breakeven analysis was removed from the Paper MA syllabus many years ago. It is now not asked until Paper PM.

    March 6, 2024 at 12:54 pm #702167
    Avataranqa
    Participant
    • Topics: 17
    • Replies: 10
    • ☆

    But sir I am using study text it’s provided there

    March 6, 2024 at 5:43 pm #702192
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    I have no idea which Study Text you are using (and which date). What I wrote before is still correct.

  • Author
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