DFS published income statement
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
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