- This topic has 7 replies, 3 voices, and was last updated 9 years ago by
.
- Posts
Sir, working capital policy on management of trade receivables and trade receivables mangement policy are both the same thing right? Which involves the level of credit to be offered, how long to allow for payment, discounts etc. Right?
So why is there a difference in answer that is provided for ZSE CO.(Dec. 2010 and q77 in bpp kit) part c and KXP co.(Dec. 2012 and Q81 in bpp kit) part d
Both answers cover the same points – just because the examiner chose to explain them using different words doesn’t make them different.
The examiners answers are longer than answers expected from students because the examiner know that people learn from his answers. They are just suggested points that are worth making.
Sir, in June 2011 paper, BRT, the question mentions that the project will continue in the future and includes working capital of $750000.
My question is that if the project is to continue in future, then why in the answer do they recover back the working capital in year 4?
The examiner has been terribly inconsistent on this.
He always used to recover the working capital at the end of the project in all cases,
It is only recently he has started not recovering it if the product is going to continue to be made. However, he has said in his recent answers that full marks would still be given if the working capital was recovered.
- You must be logged in to reply to this topic.