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Hello
I have read that if you scored in the 40’s in an acca exam then knowledge is not the problem but exam technique is. My question therefore is what a good exam technique for passing P3?Regards
1 Use the information in the question so that you respond to the particular situation.
2 Even if not asked to, bring in RELEVANT models. This shows you have studied something and makes you answer more professional.
3 Try to ‘move thing on’. So, if you do a PESTEL, don’t simply say something like “The economy is improving” say “The economy is improving and this should increase the chance of successful business expansion [or whatever the issue is]”.
4 Use numerical data if provided: ti’s there for a purpose.
5 Write enough. Something like at least 1.25 pages per 10 marks.
6 Make sure you answer the requirements as precisely as you can.
I scored 50 in my P1 exam. I noted that the P3 questions are very similar in terms of the verbs used and how the questions are answered. I realised when writing that exam that my major problem was linking topics with the scenario and regurgitating the scenario to the examiner. Do you have any advice on how to solve these problems? I really don’t want 50 in P3.
You are aware of the danger, so that is half the battle.
If you ever repeat info, make sure you comment on it or draw a conclusion. So, a question might say:
‘The economy is forcast to shrink 5% next year’.
We are interested in the implications of that. so, it could be appropriate to say
‘This is an unsuitable time for expansion because the economy is forecast to,shrink 5%’.
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