Many of you will have seen our Facebook post about a question in the July exam for L4M8, covering a topic not on the exam syllabus. On Facebook I promised to provide the whole world with coverage of this topic (financial ratio analysis) free of charge. Here it is!
How ready are you for attempting the L4M2 exam? Our quiz will help you to diagnose whether you have mastered the study material … or not!
The references in the answers are to chapters and sections of the Profex Study Text.
So how did you do? If you found any worrying gaps in your knowledge, you should refer in the first instance to your Profex PassNotes. And if that’s not enough, you will find full details in your Profex Study Text.
I spoke to a lecturer the other day who said her learners struggle with this topic. It is a little technical, but I like to think that clarifying technical material is a strength of Profex. So I’ve decided to share our coverage of the topic from the Profex L4M5 text (though it crops up in other modules too). Any queries, feel free to ask me.
Of course the numbers are not the whole story. You need to understand the implications for procurement professionals. Stay tuned to this page: in the coming weeks, we’ll be posting some implications and limitations of the technique.
You can download a PDF of the above resource here.