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Hie..
So I have been attempting a few question papers ,but the questions do know write anything about rounding off, either to 1 decimal place or to the nearest thousand..My question is what is the most appropriate rounding off to use in the exam if the question does not specify
Because I haven’t been rounding off and my answers are different from the marking scheme due to the rounding off
There is no fixed rule.
In Sections A and B, the questions will usually tell you what rounding is required, or it will be obvious from the choices of answers available.
In Section C, usually in NPV questions round to the nearest $thousand, but you certainly do not lose marks if you do not round.
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