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Rounding off

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Rounding off

  • This topic has 3 replies, 2 voices, and was last updated 4 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 26, 2021 at 2:21 pm #641702
    akshayv73
    Participant
    • Topics: 7
    • Replies: 15
    • ☆

    Respected sir is it ok during computation of contracts to always consider it as under hedged eg in case of 37.89 can i take it as 37 or is it compulsory to take 38 contracts and consider it as over hedge . I am asking this question because in some sums they had under hedged even when contract size were more than 37.50 or 38.50

    November 26, 2021 at 4:05 pm #641715
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    It does not matter whether you round up or down in the exam. Obviously the final answer will be a little different if you round differently than the examiners answer but that doesn’t matter – it is the workings that get the marks and not the final answer.

    November 26, 2021 at 4:35 pm #641722
    akshayv73
    Participant
    • Topics: 7
    • Replies: 15
    • ☆

    Thanks sir

    November 27, 2021 at 8:27 am #641761
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54831
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Rounding off’ is closed to new replies.

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