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Rounding and zero cutting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Rounding and zero cutting

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • October 22, 2018 at 5:36 am #479416
    richardscully
    Member
    • Topics: 197
    • Replies: 145
    • ☆☆☆

    Dear Sir

    I am doing an exercise in the kaplan AFM book (Ch3 test 6 Puxty if you have the book). They instruct to cut zeros at 10,000s. In my eyes 60 million in 10,000s is 6000
    Their answer show 60.00m
    have I misinterpreted the 10,000s??

    Regards

    October 22, 2018 at 6:16 am #479426
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    I don’t have the Kaplan book – only BPP.

    Rounding does not matter in the exam provided you make it clear what the figures represent.

    October 22, 2018 at 7:17 am #479432
    richardscully
    Member
    • Topics: 197
    • Replies: 145
    • ☆☆☆

    Thank you.

    October 22, 2018 at 4:32 pm #479470
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54696
    • ☆☆☆☆☆

    You are welcome 🙂

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