DFS published income statement

koolboi2007

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

peugeot

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
Steve