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Titan Tyres Co

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  • May 28, 2020 at 9:47 am
    Titan Tyres Co 2
    toushiga
    Participant

    Sir, For PYQ Sep/Dec 2015 Q3(b)(i)(ii)

    (b)(i)Customer Database
    1.Why the answer is more focus on the computer software system rather than the customer database?

    (b)(ii)Contingent liabities

    1.For 5th point,what mean of what portion of this time period the known claims relate to?
    Is it mean that the contingent liabilities may be understated as the claims may not reflect the time period that the company use the faulty part?

    Thank you.

    May 28, 2020 at 11:05 am
    Titan Tyres Co 3
    Kim Smith
    Keymaster

    (b)(i) I would say the system is the database and it is the information that this provides that is valuable. This customer database is not the same as a customer list – i.e. literally a list of customer names.

    (b)(ii) yes

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