dec unit 6

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:32AM in AAT student discussion
i start studying for unit 6 costing exam in sept and planning to do exam in dec. anyone aware of the dates yet?

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6

    Hi

    They have just come out in the AAT magazine - ECR is 2pm on Monday 03/12/07
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6


    Thanks, I was wondering that myself!

    I wish it was in the morning though rather than 2pm!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6

    Take a tip from me.... learn all about Net Present COST!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6

    LOL MIKEWEBS THATS FUNNY!X
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6

    does anyone know the difference with NPC and NPV?? in the exam i didnt even realise it said that! i just assumed it was NPV! whoops!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6

    I did exactly the same lucy!!!! :lol::lol:
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6

    I wouldn't worry
    Net Present Cost is a type of net present value.

    It is not a common basis for a question as the majority tend to include both revenues and costs, but it does turn up from time to time.

    I have not seen a net present cost question since the introduction of the ECR paper. But just think of it as an NPV question without any sales revenue.

    I understand that a lot of the marks will be allocated to the process calculations so even if your answer is wrong you can still pass the task.

    sandy.hood@chichester.ac.uk
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6

    you really have me scared now reading that mumbo jumbo!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:dec unit 6

    It really is straight forward (so my tutor explained AFTERWARDS!)

    Net Present Cost is just Net Present Value without any income/ revenue factored in i.e. the total cost of a project over a specific tiem period (in the June 07 exam it was a choice of ticket machines over 3 years) It comes out that the project with the lowest cost is the one to plump for. (I hope)

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