fundamental errors?

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
Having looked through Dec 03 paper I'm pretty sure I made a fundamental error (as described in the chief's report in the exam book) when dealing with overheads. <BR>Would I be right in thinking a fundamental error would mean I have failed even if perhaps (in my dreams) that everything else was right?<BR>I cant be the only person grasping at straws right now. <BR>just cant let go of the aftermath of three years study.

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    fundamental errors?

    I made what I thought was a fundamental error in my ECR exam in Dec 03.<BR>I just took away a load of figures from each other and ended up with a positive NPV instead of a negative. I accepted the project instead of rejecting it. I came out of the exam quite confident until everyone was talking about the exam. I soon realised my error and not being able to do anything about it, thought I'd failed. Of course come February I had passed, all those weeks of worry!<BR><BR>So don't worry!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fundamental errors?

    thanks for that I really hoped for a reply that would give me a bit of hope
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fundamental errors?

    Hi <BR><BR>Sorry, but what is a fundamental error? This is the first time I've heard of this.<BR><BR>Clare
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fundamental errors?

    Hi Clare<BR><BR>I think a fundamental error is a mistake made in an exam when the examiner is unable to award any marks whatsoever !<BR><BR>If you make an error of addition or miss an analysis line in the preparation of Stat accounts ( for example ) you will still get credit for the correct work you have put together in formulating your answer. However if you are asked to explain what a Balance Sheet is and you then write 100 words on a Cashflow statement, I believe this would be deemed as a fundamental error for which no marks would be awarded.<BR><BR>Hope this helps<BR><BR>David<BR><BR>
  • System
    System Posts: 100,534 🤖 Admin 🤖
    fundamental errors?

    Hi David<BR><BR>Thanks very much for the clarification. <BR><BR>Clare

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