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Receivables

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Receivables

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by AvatarJohn Moffat.
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  • May 27, 2018 at 9:19 am #454195
    Avatarnayazrojid1
    Member
    • Topics: 26
    • Replies: 9
    • ☆

    Hello sir,
    I have a little query. Please help me. “Discuss the factors to be considered in formulating trade receivables management policy” and “Discuss the factors that should be considered in formulating Working capital policy on the management of trade receivables”. Do these questions mean the same thing? If not how are they different?

    Kind regards,
    Rojid Nayaz.

    May 27, 2018 at 10:49 am #454243
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54846
    • ☆☆☆☆☆

    They both mean the same thing. I know the examiner has given different answers to the questions, but (as he always states) his answers are only suggested answers and any of the points mentioned in both answers are valid points. (And, of course, if you look at the marking schemes you will see that he is not expecting you to make all of the valid points in order to get the marks – he always writes much more than is expected in the exam, as do all examiners in their answers.)

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