ACCA F5 Past Exam Question 1 June 2011 Decision Making

• says

That is because Paper F5 did not exist before 2006!!

(It used to be Paper 2.4, but that was a combination of parts of what are now F5 and F9)

1. says

Hey John,
I am still a little confused and how to read the pay off table in order to determine maximin, maximax and (minimax regret-just for reference). I am not sure if to look for the figures on the table horizontally or vertically. When I checked the text book I see examples where are the answers are different to what I would have work out. I would appreciate your assistance on this.

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You can set out your table any way you like – there is no rule.

I find it easier to set it up as a matrix (but you do not have to – you can just do a list of all the various possible outcomes if you prefer), but if you do set it up as a matrix then it does not matter whether you have choices down the side and the uncertain items across the top, or vice versa.

What is important is that you get the correct profits, and that you make the correct decisions.

2. says

We need to be more up to date and please upload the answers of the most recent past papres.
thanks a lot for everything.
very helpful the site indeeeeddd!!

• says

Could you please find time for uploading since the best way to prepare for ACCA is practise with past paper quesions.
We appreciate your work. Thanks a lot.

3. says

Very well explained,,,,after attending this lecture & doing this past paper I am confident in this topic.

Thankssssssss…

• says

Sources of data was not in the syllabus for the December 2012 exam!
For June 2013, they are relevant but not sampling.
Chapters on sources of data have been added to our course notes (downloadable on this website).

4. says

Mr. John Moffat – thank you so much. If there was another word I could use to say thank you, I would have used it. Thank you.

5. says

i need serious hep right now although i did many questions its ike hmm cant even think right now

6. says

Hey john,
I just want to confirm when the production is 350 K and demand is 200K, isnt the left over 150 K that we have to subtract from the profit .. ?

7. says

Many thanks for this lecture it’s really helped me understand the procedures of answering the question and thanks again for the new lectures, just going through the recent past exam papers and I cant thank you enough for this.