March 6, 2017 at 10:24 am
opentuition_teamKeymasterMarch 6, 2017 at 1:01 pm
okayMarch 6, 2017 at 1:49 pm
Thought the exam was very passable.
My exam technique let me down big time, didn’t get back to 15 marks on question 17!
Still think I passed it though, multiple choice were tricky enoughMarch 6, 2017 at 2:54 pm
Very different compared to previous years…
Mcq 1-15 too tricky 30 mrk
Ques 16 -30 mrks
A)audit risk def- 4mrks
B)audit risk n auditors response- 16 mrks
C)ethical threats n recommendation- 10 mrks
Ques 17- 20 mrks
A) SP on payables n purchase
B)audit program procedures payables n purchse
C)SP on bank balances
E)key audit matters- def, how communities
Ques 18- 20 mrks
A) control activities-10mrks
B) internal control deficiencies n recommndation-10 mrksMarch 6, 2017 at 3:04 pm
Think it was 4 marks for 18a and 16 marks for 18b
Was SP on non-current assets part d of q17??
Can’t remember now!! ?March 6, 2017 at 3:12 pm
It was Directors remuneration!!March 6, 2017 at 3:26 pm
OT answers of mine
Q no.9 to 14 was C and 15 BMarch 6, 2017 at 3:54 pm
A,D,C,C,D,A,A,B,D,C,D,A,C,B and C from 1 to 15 multiple questions. Kindly confirm if anyone got this.thxMarch 6, 2017 at 4:08 pm
If you can remember the answers for each option, will be more preferable.March 6, 2017 at 4:37 pm
Do not remember. 🙂March 6, 2017 at 4:44 pm
True. I was wondering the same. Too many C’sMarch 6, 2017 at 4:47 pm
Yes I remember this one. Question 18 part A was of 4 marks in which we have to define any 4 control activities and give one example each. Part b was of 16 marks for sales system deficiencies and recommendations. Question 17 part d was of procedure on directors remuneration.March 6, 2017 at 4:56 pm
Who can remember the objective question about the duties of an external auditor.March 6, 2017 at 5:32 pm
Failed it in Dec attempt.I guess I did worst this session..it was a tough paper:(March 6, 2017 at 5:58 pm
The questions were ok, but writing takes very long, I felt that it should have been a 4 hour exam rather than 3 hours 15 mins, so did not finish the last question. I did start it to try and pick some easy marks. So gutted, I hope I did enough to pass.March 6, 2017 at 6:54 pm
I remember I opted “3 only” because the rest of them were Rights not duties. It was related to adequacy. Rest I don’t rememberMarch 6, 2017 at 7:12 pm
The mcq on corp govn what was the answer?? Was so misleading..it was about the remuneration of directors..March 6, 2017 at 7:13 pm
I said the same thing!March 6, 2017 at 8:46 pm
What dis everyone answer for the inventory related MCQ? You had to select the outcome of the audit report.
Think the options were
Qualified except for
Basis of opinion describe problem
Add key audit matterMarch 6, 2017 at 10:10 pm
If I remember rightly, I think I chose qualified except for, I did process of elimination, cause it’s not a KAM, cause the auditors were not present during the inventory count, so should have been Other Matter, it can’t be disclaimer cause I didn’t think it’s pervasiveMarch 6, 2017 at 10:19 pm
Yes, there was a lot of C’s at the last part of the MCQs.
The hardest for me was question about Key Matters for 5points. Not sure what was supposed to write there?
And what were the substantive procedures for the bank overdraft and saving account for 5points? Couldnt think of 5…March 6, 2017 at 11:07 pm
AMarch 7, 2017 at 1:45 am
i got the following for mcqs
B D B C B A B B B C D B A D C
Pls let me know your answersMarch 7, 2017 at 3:40 am
I hv posted my answer for mcq above. Seems like out of 15 our answers matching for 7 only. So for sure we will get 14 here.:)March 7, 2017 at 5:06 am
How different is the CBE exam from the paper based exam questions?
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