Good evening. Please assist. There seems to be no video lecture on forecasting and there are lots of questions on that chapter in the exam practice question kit. Does it mean forecasting isn’t such a tested area?
Forecasting is the high-low method, correlation and regression, and time series analysis. All three are covered in chapters 19 and 20 for the free lecture notes, and the lectures that go with them.
Fantastic lectures. thank you. you mentioned we wont have to reproduce a cash budget in the exam. does that also go for the budget income statement, balance sheet etc? theyre in the book and im just trying to optimise my study time now.
You cannot be expected to produce an entire cash budget but you are expected to know what they are, and you could be asked to calculate extracts from them.
Hi, in kaplan text book there are lot of things compare to opentution notes. In budgeting there is cash budget and cash flow forecast but i don’t see in opentution notes. So will it be asked in final exam or not. Secondly there are different types of index numbers in kaplan text and only two types in opentution. So whom should we trust?
We make it very clear that our lecture notes are not a Study Text – they are notes to accompany the lectures. In the lectures we explain and expand on the notes. Our lectures are what we teach on a course and cover everything you need to be able to pass F2 well. They form a complete course and if you are watching all of them in order then you do not need a Study Text. What you do need is an Exam Kit because they have lots of questions to practice on, and practice is vital.
The lectures do explain what cash budgets are – in the exam you are expected to have heard of them but you are not expected to be able to produce one. That is why we do not waste time producing one in the lectures!
Yes – provided that you use them with the free lecture notes, and that you also attempt our online mock exam (the questions are selected at random from a bank of questions, so every time you attempt it you are likely to get different questions). It would be good to buy a Revision Kit from one of the ACCA approved publishers because they contain lots of exam-standard questions to practice, and practice is vital.
tariqsays
sir plz explain how to ansr of this qs. and this Qs is of which topic.
ABC co has a manufacturing capacity of 10000 units. the flexed producion cost budget of the company is as follows.
This is a question on high-low. You can find the lecture on this in ‘quantitative techniques for budgeting’. If you have any problem with it then ask in the F2 Ask the Tutor Forums.
CHIBUGO says
Good evening. Please assist. There seems to be no video lecture on forecasting and there are lots of questions on that chapter in the exam practice question kit. Does it mean forecasting isn’t such a tested area?
John Moffat says
Of course there are lectures!!!
Forecasting is the high-low method, correlation and regression, and time series analysis.
All three are covered in chapters 19 and 20 for the free lecture notes, and the lectures that go with them.
nazoo says
the lecture are very clear and understandable, is there any way i can download them for future use? i mean, i don’t access wifi every time
John Moffat says
Thank you for the comment.
However the lectures can only be viewed online – they are not downloadable.
It is the only way that we can keep this website free of charge.
george1977 says
Hi John
Fantastic lectures. thank you. you mentioned we wont have to reproduce a cash budget in the exam. does that also go for the budget income statement, balance sheet etc? theyre in the book and im just trying to optimise my study time now.
Many thanks
John Moffat says
You cannot be expected to produce an entire cash budget but you are expected to know what they are, and you could be asked to calculate extracts from them.
afya says
Hi where i can find the exact video about cash budget?
John Moffat says
You can’t – there is no need for a video on it.
lyzbeth says
Is this any different from the CBE?
John Moffat says
No 馃檪
lyzbeth says
Thank You Mr. John
Zhanna says
Dear Sir, could you please advice is there are technical problems with watching video? I cannot watch it now
opentuition_team says
lectures work like before
try another browser.
sameer says
Hi, in kaplan text book there are lot of things compare to opentution notes. In budgeting there is cash budget and cash flow forecast but i don’t see in opentution notes. So will it be asked in final exam or not. Secondly there are different types of index numbers in kaplan text and only two types in opentution. So whom should we trust?
John Moffat says
We make it very clear that our lecture notes are not a Study Text – they are notes to accompany the lectures. In the lectures we explain and expand on the notes. Our lectures are what we teach on a course and cover everything you need to be able to pass F2 well. They form a complete course and if you are watching all of them in order then you do not need a Study Text. What you do need is an Exam Kit because they have lots of questions to practice on, and practice is vital.
The lectures do explain what cash budgets are – in the exam you are expected to have heard of them but you are not expected to be able to produce one. That is why we do not waste time producing one in the lectures!
Muzammil says
How can I download this lecture ?
John Moffat says
Lectures can only be watched online – it is the only way that we can keep this website free of charge.
Muzammil says
Thanks sir
A great work by opentution.
Are the lecture on the site enough to pass the paper ?
John Moffat says
Yes – provided that you use them with the free lecture notes, and that you also attempt our online mock exam (the questions are selected at random from a bank of questions, so every time you attempt it you are likely to get different questions).
It would be good to buy a Revision Kit from one of the ACCA approved publishers because they contain lots of exam-standard questions to practice, and practice is vital.
tariq says
sir plz explain how to ansr of this qs. and this Qs is of which topic.
ABC co has a manufacturing capacity of 10000 units. the flexed producion cost budget of the company is as follows.
capacity 60% 100%
total production cost $ 11280 $ 15120
John Moffat says
This is a question on high-low. You can find the lecture on this in ‘quantitative techniques for budgeting’. If you have any problem with it then ask in the F2 Ask the Tutor Forums.
aksa says
is it v.cost =5760 & F.cost =5520..?
John Moffat says
No – the fixed cost is $5520, but the variable cost is $0.96 per unit
aksa says
Yeah per unit it’s 0.96 but I calculated the total variable cost..
Thank you.
BELLO OLAIDE TITUS says
I want to thank the providers of this platform for making studying easy for me.