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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › questions to do f8
hiya i would like to ask you a lists of questions that might be worthwhile attempting based on the f8 exams tips for June 2012.
also could i get to know what you meant by contingent liabilities in the exam hint for june.please do send me any additional resources if you do have any.thanks
A contingent liability is a possible liability arising form past events but which the existence of which will not be known until some future event..
For example, someone is suing you because alleged damages you caused in the past: whether or not you have to pay anything will be determined by a court hearing in the future. Look here:
As for questions to look at, I advise not to rely too much on the tips. Look at the ACCA questions and answers for June 2010, Dec 2010, June 2011.