Home For AAT student members AQ 2016 Professional Diploma in Accounting Management Accounting: Decisions and Control
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TASK 1.6 Practice Assessment 1 - percentage

silia85silia85 Registered Posts: 14
Hello :-)

I am a bit confused with point B. I know how to calculate performance indicators, but I am not sure how to enter this information in to the 'boxes'.

The task says that we need to calculate three performance indicators (to one decimal place); so basically the answers should be as follows:

1.25.0%
2.14.5%
3.18.0%

However, the answers to this question, as per Practice assessment model answers, are as follows:

1.25% no decimal place
2.14.5%
3.18% no decimal place

Does this mean that my answers are wrong?

Sorry guys, I'm so confused :-(

Many thanks,
Sylwia

Comments

  • Pian32Pian32 Registered Posts: 157
    Your answers are not wrong. If you've been told to use 1 d.p for your answers then that is what you should use.
    AAT Level 4, MAAT
    ACCA in progress
    F4- Sitting Aug/September 2020
    F6- Sitting September 2020
    silia85
  • silia85silia85 Registered Posts: 14
    Thank you @Pian32 . I think this question may sound silly to many of you, but I'd like to be 100% sure. I really want to pass this exam and I don't want to "fail" it because of such a "stupid" error :-)
  • Pian32Pian32 Registered Posts: 157
    No problem just make sure to always double check what is wanted for decimal places as sometimes it'll be different for each ratio even though you're putting answers into one table.
    AAT Level 4, MAAT
    ACCA in progress
    F4- Sitting Aug/September 2020
    F6- Sitting September 2020
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