(£000s) Should you put decimal points in your answer?

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Rachelsls
Rachelsls Registered Posts: 9
in Management Accounting: Costing
I know you put decimal points for everything else but just unsure when answering these questions? Thanks

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  • Cheesypeesy
    Cheesypeesy Registered Posts: 101
    edited March 2019
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    I would assume not unless the question explicitly asks for it. It's likely in these questions they'll ask for the answer to the nearest thousand.

    Putting values in a £000 format is used to simplify the presentation of large amounts, so adding decimals to the mix defeats the purpose.
    Matthew Dearlove MAAT
    Currently on CIMA Management Level. Passed P2, F2 and E2. Preparing for November 19 MCS.

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