ACCA F2 Accounting for Management
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sir if we see on chapter 1 question no 3. there is mentioned cost of producing information is greater than value of the benefit of management . plz sir explain i dont understand properly this statement and logic with good explanation
The only point of producing management information is to enable the business to become more profitable – by finding ways of increasing their income or ways of reducing their costs.
However, if the cost of collecting the information (e.g. extra staff etc.) if more than the extra profit that they make because of it, then it is not worth collecting it.
Have you looked at the contents page?
There are answers to all of the examples and also to all of the tests.
The examples are worked through also in the lectures and there is no point in using the notes without watching the free lectures – it is in the lectures that we explain and expand on the notes.
It data that is processed to then become information (not the other way round 🙂 )
(See the last sentence of section 2 of the Lecture Notes)
Oh I see, I clearly didn’t read it properly. Thanks for your quick response and answer 🙂 Much appreciated!
Hi sir, may I know where can I get the answer of Chapter 1 example 1 (pg6)- Comparison of management accoumting with finiancial accouting, couldn’t find the example from course note, video and forum. Thanks. 🙂
I go through the example in this lecture!
(This example start about 6 minutes into the lecture)
Hello
i need pdf file of f2 paper in acca which has published in 2015 . how can i find and download this file. please guide me. tanx a lot
The ACCA does not release past exam papers for Paper F2.
Sir,
I am a intermediate student.i want to join accounting field while i got 437 marks out of 550 in intermediate examination.Can i join accounting field without any fear.
Please help.
Regards
Farhan Munir
There is no reason why you should not be able to study ACCA.
However you should post this question in the general ACCA forum on here and not as a comment on a lecture. Other students will then be able to give you advice as well.
Thanks sir
seems like many vedios are not available in china or what. Many vedios are not accessiable for me in china. Damn. But I really appreciate your work. Thanks a ton.
Use TOR browser, Or any VPN service that are popular in china to go around this..
I don’t know if this is the right place to say this but I woud like to say thanks to John.
I had F2 exam today(1st attempt) and passed it. It was extremely difficult than I thought but I did it. I used BPP textbook, revision kit & your lectures of course. Thank you so much for your hard work and dedication.
That is great news – many congratulations 🙂
How do I download the lectures. I can’t find the final download link to complete the download. Thanks in anticipation
You cannot download the lectures!!!
The can only be watched online – it is the only way that we can keep this website free of charge.
Try looking at the contents page 🙂
The answers are at the back of the Lecture Notes.
I have a question. Is cost accounting the same what management accounting?
Thank you in advance for your answer.
Cost accounting is one aspect of management accounting. (Cost accounting is primarily concerned with determining the costs of what is produced, whereas management accounting also includes things like the preparation of budgets)
thank you for your answer
Dear sir, i would like to be clear with cost center,profit center,profit center and investment center.
It depends on what the divisional manager has responsibility for. Just costs (cost centre); costs and revenues (profit centre); or costs, revenue, and new investment (investment centre).
Good day everybody
Sir/ Thank you for the lectures here as this my first time using it, I have just gone through chapter 1 lectures in combination with the lecture notes and I would recommend it 100%. I am planning on sitting papers F2, F3, and F4 by the end of February 2015 by CBE. I shall update you with my progress here. Thank you for the lectures and I will come back to it several times today at least a minimum of 5x per chapter.
Sir, thank you soooooo much. I completely relied on yours lectures and my studies. Passed my exam with your help. On to the next!!
Hi. just wanted to ask how long did take Before sitting for your exam and how much time did u use to study in a day.please help.
i did two exams only and i only studied in my free time but the good thing, i was able to access the lectures wherever i was
I did my CBE exam and got a 78% mark. Thank you so much sir. I completely relied on your resources. Keep it up.
That’s great – congratulations 🙂
Sir, I just did my F2 and F3 paper exams and I really tried my best, but which one is easier between CBE and Paper based? I am still awaiting my result.
There is no difference in the level of difficulty.
Hi. just wanted to ask how long did take Before sitting for your exam and how much time did u use to study in a day.please help.
sir, I’ll study in F2 in this weekend. Can you give me some advice and guidance to help me pass the its exam?
Hello sir,
Which revision kit better BPP or KAPLAN?
They are both fine – it does not matter which you get 🙂
Ty 😀
Hello sir,
Hope u good!
I havent seen lectures of job,batch and service costing do 1 have to study from course notes?
No – there are no lectures on job, batch and service costing. It is because there are no extra techniques involved extra to the techniques covered in the techniques covered in the existing lectures.
Ok ty:)
Thank you very much. Very helpful
Sir thank you very much for this initiative to help students like us with our studies. God bless you. I’m watching the videos online. Thank you once again for your dedicated efforts to help us. 🙂