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SLEEPON HOTELS INC (DEC 05 ADAPTED)-Kaplan exam kit- WC adjustment blip?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › SLEEPON HOTELS INC (DEC 05 ADAPTED)-Kaplan exam kit- WC adjustment blip?

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by John Moffat.
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  • February 11, 2021 at 10:22 am #610022
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir generally the Working capital is released immediately in the yr the project ends. So in this question i thought that WC will be finally released in yr 5(when the project ends) but somehow they don’t release it until yr 6. Which comes as very strange to me. Can you explain why has the examiner done such mysterious thing, without alluding to such a thing.

    February 11, 2021 at 3:32 pm #610055
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54738
    • ☆☆☆☆☆

    I do not why the examiner did that – the examiner has changed twice since this question was asked.

    You would have got full marks if you had recovered in the working capital at time 5, and for current exams you should recover it at time 5.

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