DFS published income statement

koolboi2007 Registered Posts: 32 💫 🐯 💫

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 :)


  • peugeot
    peugeot Registered Posts: 624
    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
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