PEV exam, What If Ananlysis.
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I am taking PEV on Monday and am slightly concerned, I don't think I have been taught enough on the What If concept.
Is there any handy hints or tips that anyone can give to help me please.
Is there any handy hints or tips that anyone can give to help me please.
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Comments
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Re:PEV exam, What If Ananlysis.
Go to the past exams and look at the section 2 second tasks.
You have probably done these in your classes but not used the term what if.0 -
Re:PEV exam, What If Ananlysis.
I have done past papers and have read more into it on the internet and just trying to grasp things.
We have gone over it in class but i just don't feel as confident as I should do this close to the exam.
Ta
Mysteryukc0 -
Re:PEV exam, What If Ananlysis.
Look at it as just an extension on the calculations already produced. For example, you have calculated a margin, what if you increase turnover? What is the effect?
I normally write on the data given any of the changes created and tick them off as I reproduce the new answers.
Good luck!
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Re:PEV exam, What If Ananlysis.
Thanks!
I have tried some more questions from the back of book, they seem to be long winded but I think that is more to get you to read into it and dig for the information.
Mysteryukc0