Been through a few of these, and best advice I can give for L1 is to make sure you understand the question, and what is being asked.
An example being a company collects cash for 10M of A/R; what effect does this have on the current ratio?
A. Increase
B. No change
C. Decrease
Easy to cruise through an easy question and miss this. There will be lots on the exam.
Good luck to everyone. |