• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

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

Sampling population!

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Sampling population!

  • This topic has 4 replies, 2 voices, and was last updated 10 years ago by Binh.
Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • May 26, 2015 at 4:31 am #249025
    Binh
    Member
    • Topics: 41
    • Replies: 78
    • ☆☆

    Dear Mr Gromit,

    In some questions in the exams which we need to select a sample, I see that sometimes it is not clear where we select a sample. For example, in model answer provided by ACCA, they usually say that: “Select a representative sample of goods in inventory at the year end” or “Select a sample of year end goods…” (extracted from June 2010 answer), or “For a sample of the new surgical equipment additions”. So, the goods or the additions here are showed on which documents (the documents we need to look at)?

    May 26, 2015 at 7:12 am #249033
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10597
    • ☆☆☆☆☆

    The items in these examples will be in the FS. The year end goods make up the inventory in the SOFP and will be supported by a list showing what these are. The list will contain the population of items in inventory.

    Form the additions of NCA, these are also shown on the FS in a note. This figure must also be supported by a list of additions that will provide the populations.

    Similarly, tests on purchases might require you to look at a sample of pur bases orders. Copies of these should be in a file somewhere and the file represents the population.

    May 27, 2015 at 3:38 am #249386
    Binh
    Member
    • Topics: 41
    • Replies: 78
    • ☆☆

    Yeah! It is now clearer. So, firstly we should obtain list of items which make the balance of year end or the additions in year, then agree these lists to financial statement, then if they are agreed with each other we can use the lists as the populations to choose the sample from?

    May 27, 2015 at 6:27 am #249404
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10597
    • ☆☆☆☆☆

    Correct.

    May 27, 2015 at 9:08 am #249479
    Binh
    Member
    • Topics: 41
    • Replies: 78
    • ☆☆

    Yeah! Thank you so much!

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • IshaqIjaz333 on Illegalities – ACCA Corporate and Business Law (LW) (ENG)
  • Nvkt@25 on How to make the best use of OpenTuition
  • @zeba.aida on How to make the best use of OpenTuition
  • Myo94 on ACCA BT Chapter 20 – Marketing – Questions
  • siu18 on Professionalism, ethical codes and the public interest – ACCA Strategic Business Leader (SBL)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in