Hi, I came across this term in CA2 materials and I think you could gain up to 2 marks. Is that the case for the new format of CA2 exam? What exactly should I understand by "added value" assumptions?
This applies to Paper 2, where you're writing the summary based on the existing model/audit trail. That audit trail will have a set of assumptions in it (these should be put into the summary as a few easy marks). However, there may be additional assumptions which the model makes that aren't in that list, or new ones that you need to make to complete the assignment. These are the 'added value' assumptions.