Hoddle Ltd unit 7

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Hi all,

I'm struggling a little bit with the Hoddle simulation.

Part of task 5 reads; "Your report should contain...sales revenue for each quarter both in actual terms and indexed to a common base".

Actual terms is self-explanatory but it's the "indexed to a common base" part that I don't understand.

Actually, if anyone has the answers so that I can check the rest of the sim it would be very helpful as I have the proper sim in a few days.

Many thanks

Kevin.

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Hoddle Ltd unit 7

    Ok, after 2 hours of frustration, confusion, not understanding the question and trawling through every accounting forum I could find, I decided to skip that bit for now.

    So I turned the page in the book and discovered a memo on the next page explaining exactly what I need to know.

    :oops: :oops: :oops: :oops: :oops: :oops:
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Hoddle Ltd unit 7

    Lesson learned - always read the whole sim when you start :lol:

    At least you feel better about it now!

    Annette
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Hoddle Ltd unit 7


    But many of us still start without reading don't we and isn't it soooooooo tempting to just dig in? I glanced at a couple of others in my last exam who began writing straight away so you just can't tell some people can you, even at Tech level?!

    Can anyone remember FRA from June 2006 where many didn't do the last section and their marks had to be "artificially adjusted"?! I was almost one of these but when checking my paper turned past a blank section and found another two or three questions!

    From the Chief Assessors Report of this paper;

    "Approximately 98% of the candidates for this sitting attempted the whole paper, but 227 of them missed the last three tasks on page 23, although these were clearly signposted on page 21. This shows how important it is to make good use of the reading time available for each paper, and that every page should be turned to ensure that all tasks have been completed. The Examinations Review Panel considered the results separately for the small minority who missed the last page, and took appropriate action".

    Luckily, I still had enough time left to fully complete the paper but I wonder what the 'appropriate action' was that the panel took and wouldn't this have been a tad unfair to those that completed the whole exam?

    Regards,

    Robert

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