DFS published income statement
Options
koolboi2007
Registered Posts: 32 Regular contributor ⭐
Hi
I was wondering if there was a question on producing a published income statement in the exam. Would the answer be correct if I apportioned the expenses wrongly into Distribution costs and admin expenses but at the same time get the profit amount and all the other figures correct?
Help appreciated
I was wondering if there was a question on producing a published income statement in the exam. Would the answer be correct if I apportioned the expenses wrongly into Distribution costs and admin expenses but at the same time get the profit amount and all the other figures correct?
Help appreciated
0
Comments
-
You might lose a mark but I would not worry about the finer details. The important part is your approach and showing your workings. Such an error would certainly not constitute a fail in its entirety.
Kind regards
Steve0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.4K For AAT students
- 273 NEW! Qualifications 2022
- 147 General Qualifications 2022 discussion
- 9 AAT Level 2 Certificate in Accounting
- 48 AAT Level 3 Diploma in Accounting
- 69 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 269 VAT
- 91 Software
- 271 Tax
- 134 Bookkeeping
- 7.1K General accounting discussion
- 196 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 578 Job postings
- 16 Who can benefit from AAT?
- 35 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership