20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Rounding

This topic has 1 reply, 2 voices, and was last updated 3 years ago by Kim Smith.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
December 10, 2021 at 4:44 pm #643742
uzzy0121
Participant
- Topics: 16
- Replies: 7
I sat the December 2021 paper and realised when I was rounding for ratios I rounded to 1 decimal place.
Does ACCA have a requirement when it comes to rounding? Should it be to 1 or 2 decimal places? And if I don’t meet this, will the examiner still mark in favour if I am just 1 decimal point off the correct figure?
For example if I put 13.1 instead of 13.08 (from 13.082) would this still be marked as correct as the difference is only via rounding?
December 10, 2021 at 5:58 pm #643773
Kim Smith
Keymaster
- Topics: 132
- Replies: 8226
You could probably round to 13% and that would be fine. Given the limitations of ratios it’s really not meaningful to write for example 35.67 days – as an average, interpreting 36 days is perfectly adequate.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.