ACCA F4 Exam technique
(see also the section on general exam technique)
Always remember, this is a law exam for accountants, not a law exam for lawyers.
It is intended by ACCA that students should appreciate that company law, the law of transactions, employment law, the law of tort and partnership law is governed by established principles as well as by statute
Do I need to know case names?
- emphatically, NO! Before the change in the format of the exam with effect from 19 November, 2014, it was always useful (and often fun) to be able to quote the names of decided cases when illustrating a principle of law in a 10 mark written answer
- but with effect from 19 November, 2014 it is difficult to see how knowledge of the name of an historic case could be of any benefit in an exam that is essentially 100% multiple choice or multiple task
- in brief, therefore, NO, there is no need to know case names
Do I need to know the dates of cases?
- emphatically, NO! There are no marks for knowing case dates
Do I need to know the section numbers for company law questions?
- emphatically, NO! There are no marks for knowing section numbers
Do I need to know the years or titles of Acts of Parliament?
– emphatically, NO! There are no marks for knowing neither dates nor titles of statute laws
What do I do if I run out of time in the exam
- how can you run out of time? You have the same two hours as everyone else!
- this is a classic question from students who have little or no exam technique / no self-discipline
- there are 100 marks in the exam and the exam is 120 minutes long – that means that you have 1.2 minutes per mark – AND NO MORE!
- if you feel that you don’t know the answer to any question but that, given time to think, you could maybe work out the answer, then leave it, move on, and come back to it later
What is the format of the exam?
- there are 25 multiple choice questions (mcqs) worth 2 marks each
- an example from the December 2014 exam:
Which is the correct minimum period of notice an employee is entitled to after five years’ service?
A One calendar month
B Five weeks
C Ten weeks
D Five calendar months
- there are 20 mcqs worth 1 mark each
- an example from the December 2014 exam:
In relation to agency law, ‘warrant of authority’ is provided by which of the following?
A The agent
B The principal
C The third party
- there are 5 multiple task questions worth 6 marks each
- an example from the December 2014 exam:
Ann owns a shop selling prints. She placed an advertisement in the Friday edition of her local paper stating:
‘Unique opportunity to own a Bell print for £500 cash. Offer valid for one day only – tomorrow Saturday.’
When Con saw the advert, he immediately posted a letter of acceptance.
On Saturday, Di asked Ann if she would take a cheque for £500, but she refused to accept the cheque and told her she could not have the print. Later that day Ann sold the print to Evi.
On Monday morning Con’s letter arrived.
Required: In the context of the rules governing the creation of contracts:
(a) Describe the precise legal nature of Ann’s advertisement; (2 marks)
(b) Explain whether Con has any right of action against Ann; (2 marks)
(c) Explain whether Di has any right of action against Ann. (2 marks)
- these 6 mark multiple task questions are very similar to the scenario questions from F4 exams that pre-date December 2014. It would be time well spent to read through and appreciate the answers to questions 8, 9 and 10 from the previous F4 “old-style” exams!
I am right, aren’t I, that I won’t need a calculator in a law exam?
- er, NO, you are not right! Take a calculator into the exam room with you
How do I prepare for the exam?
– download a copy of the free course notes on this site (English or Global variant)
– watch / listen to the video lectures (these are substantially the whole of the English variant syllabus but the Global syllabus also overlaps to the tune of around 50% – 60%)
- of major importance GET HOLD OF A REVISION KIT / EXAM KIT that contains hundreds of multiple choice questions
- and then, get stuck into the kit. Aim to answer say 50 questions each session that you have set aside for trying these law questions.
- when you have scored in excess of 70% in, say, 5 consecutive sessions then you’re probably ready to tackle the exam for real
- remember, there is a limit to how many different ways a question can be asked. If you can get through the totality of the questions in an exam kit two or three times, F4 should be comfortably within your capabilities
- when practicing these mcqs and mtqs DO NOT WRITE IN THE EXAM KIT!
- this achieves two positives!
- you have a clean book that you can now sell to the next generation of F4 students from your office / home town / through this site, and
- you are able repeatedly to go over and over the same questions countless times until you are confident of getting a passing grade
- in addition to the exam kit / revision kit questions, there are in excess of 200 questions on this site in the format of mock exams. Try those J
- BEWARE!!!! Both publishers’ exam kits that I saw in December 2014 contained errors in the answers (not many, but nevertheless …..)
- where you come across a printed solution that disagrees with your guess, look the topic up on Google – don’t simply accept that your answer is incorrect, it possibly isn’t
- or post the question and the alternative solutions (indicating the solution that the book suggests) on the F4 Ask the Tutor page on this site and we’ll get back to you
Finally, as always, if you have a problem, post it in the Ask the Tutor forum
I am failing to get revision kit for F4 Zimbabwe version. may you send me s link for F4 zwe on email@example.com
Is there any specific aspect( e.g. specific date to take the exam ) for winning the global prize, say, I got the highest mark?
i have passed all my fundamentals papers except of F8 and F4…..
Now planing to appear in CBE (f4) but little bit confused regarding last 5 questions which are of 6 marks each question… an per ACCA specimen there are specific statements which you have to chose correct like other mcqs but some student says you have to answer in your own words blaaa blaaaa blaaaa too much confused what kind of questions would be these
I’ve just answered this on the Ask the Tutor page!
In F4 cbe, there will be MTQs. Can you please give more details on how these 6 marks questions should be answered and how it will be corrected?
In revision kit, it gives detailed answer (a short paragraph 3-4 lines). But in cbe, what will happen if we mistype a word/a case name, or if our English is not good, will the computer understand what we are trying to say? Will we be penalised for this?
Waiting for your reply impatiently. 🙂
Thanking you in advance
Hi, no worries. The answers will be provided by means of a drop down menu of possible choice answers and you will be required to select from that choice.
Effectively it’s a glorified mcq section – multiple choice with bells on
And it will be computer marked like the rest of the exam so spelling, grammar, hand-writing are not even the beginning of an issue 🙂
F4 is now CBE u can attempt this paper anytime i will recommend you to give F4 CBE in Apirl 2015 . And with this you can take one more paper easily in June attempt and it will be F6 as Tax is very much easy .
F4 can now be attempted at any time with the new cbe option available – you will need to negotiate / liaise with your local cbe centre.
That being so, think about tackling F5 with F6 in June and particularly bear in mind that the F6 tax rules change every year so sitting in June makes a lot of sense because – should you happen to fail in June you would not be faced with having to learn new rules for December.
For F4, get hold of a revision kit / exam kit of multiple choice questions and work through those. Listen to the lectures on this site with the free downloadable course notes in front of you. And then practice, practice and practice some more!
Hope that helps
Wondering if someone could give me some advice.. I have just completed my AAT, and now looking to start studying ACCA to become chartered. I have exemptions from F1-3, so looking to start from F4 in the June 2015 sitting. I have a full time job in accountancy, so was looking to start ACCA part time, possibly on evenings/weekends.
How many papers do you recommend for me to take? And also which papers are recommended to take with F4?
I look forward to your reply.
Thanking you in advance 🙂