Below is the list of all ACCA P5 questions examined so far (download PDF file)
Download ACCA P5 Questions and Answers
ACCA P5 question analysis – by paper
|Pilot paper Q1 (a)||Large budgeting/actual performance calculations|
|Pilot paper Q1 (b) (c)||Validity of comparison of two operations|
|Pilot paper Q1 (d)||Ethics|
|Pilot paper Q1 (e)||Performance measures/indicators|
|Pilot paper Q2 (a)||Quality|
|Pilot paper Q2 (b)||Structure and performance measures|
|Pilot paper Q3 (a)||Transfer pricing|
|Pilot paper Q3 (b)||Expected values; risk|
|Pilot paper Q4 (a) (b), (c)||Comparative financial performance|
|Pilot paper Q4 (d)||EBITDA|
|Pilot paper Q5 (a)||Budgeting|
|Pilot paper Q5 (b)||Budgeting: Activity based budgeting|
|Pilot paper Q5 (c)||Budgeting: Beyond budgeting|
|December 2007 Q1(a)||Large budgeting/actual performance calculations|
|December 2007 Q1(b)||Validity of comparison of two operations|
|December 2007 Q1(c)||Closure decision|
|December 2007 Q2(a)||Divisional performance measurement; residual income;|
|December 2007 Q2(b)||Economic value added|
|December 2007 Q3(a)||Calculation of sales margin|
|December 2007 Q3(b)||Critical success factors|
|December 2007 Q3(c)||Enterprise resource planning system|
|December 2007 Q4(a) (b) (c)||Activity based costing|
|December 2007 Q5(a)||Porter’s five forces|
|December 2007 Q5(b)||Performance measures/indicators|
|June 2008 Q1(a)||Divisional performance measurement; residual income; return on investment; EVA|
|June 2008 Q1(b)||Benchmarking|
|June 2008 Q2(a) (b) (c)||Budgeting: Budgeting problems|
|June 2008 Q3(a)||Strategic and economic factors|
|June 2008 Q3(b)||Corporate culture|
|June 2008 Q4(a) (b) (c)||Financial viability of a new product|
|June 2008 Q5(a) (b)||Quality|
|December 2008 Q1(a)(b)||Divisional performance measurement|
|December 2008 Q2(a)(b)(d)||Performance measurement|
|December 2008 Q2(c)||Quality software|
|December 2008 Q3(a)||Planning gap|
|December 2008 Q3(b)||Problems with acquisition|
|December 2008 Q3(c)(d)||Government influences|
|December 2008 Q4(a)||Transfer pricing|
|December 2008 Q4(b)||Quality|
|December 2008 Q5(a)(b) (c)||Activity based costing|
|June 2009 Q1(a)||Performance measurement|
|June 2009 Q1(b)||Balanced scorecard|
|June 2009 Q2(a)||Net present value|
|June 2009 Q2(b)||Intellectual capital valuation|
|June 2009 Q2(c)||Non-financial performance measurement|
|June 2009 Q2(d)||Maximin etc|
|June 2009 Q3(a)||Agency theory and expectancy theory|
|June 2009 Q3(b)||Performance measurement|
|June 2009 Q4(a)||Pricing for profit maximisation|
|June 2009 Q4(b)||Financial evaluation of proposed changes|
|June 2009 Q4(b)||Profit improvement|
|June 2009 Q5(a)(b)||Quality|
|December 2009 Q1 (a)||Large budgeting/actual performance calculations|
|December 2009 Q1 (b)(c)||Performance measurement|
|December 2009 Q2 (a)||Beyond budgeting|
|December 2009 Q2 (b)||Performance measures/indicators|
|December 2009 Q3 (a)(b)||Transfer pricing|
|December 2009 Q4 (a)||Performance measurement|
|December 2009 Q4 (a)||Financial, economic and social considerations of a policy|
|December 2009 Q5 (a)||Mission statement|
|December 2009 Q5 (b)||Critical success factors|
|December 2009 Q5 (b)||Non-financial performance measurement|
|June 2010 Q1 (a)||Balanced scorecard|
|June 2010 Q1 (b)||Cost calculation|
|June 2010 Q1 (c)||Reasons for trends|
|June 2010 Q1 (d)||Sub-contracting|
|June 2010 Q2 (a)||Budgeting calculation|
|June 2010 Q2 (b)||Expected values|
|June 2010 Q3 (a) (b)||Value for money audit|
|June 2010 Q3 (c)||Intangibility, heterogeneity, simultaneity, perishability|
|June 2010 Q4 (a)||Activity based costing|
|June 2010 Q4 (b)||Activity based management|
|June 2010 Q5 (a)||Cost targets|
|June 2010 Q5 (b)||Performance pyramid|
|December 2010 Q1 (a)(b) (c) (d)||Critical success factors and performance indicators|
|December 2010 Q2 (a)||Activity based costing|
|December 2010 Q2 (b)||Beyond budgeting|
|December 2010 Q3 (a)(c)||Value based management|
|December 2010 Q3 (b)||Economic value added|
|December 2010 Q4 (a) (b) (c)||Environmental/ecological issues|
|December 2010 Q5||Corporate failure|
I am disappointed with myself for choosing P5. I have failed five times, not because I am not prepared but because I find the exam structure is a bit unfair. The scenarios are too long, the question requirements too many and the way questions are asked are confusing and at times not very clear.
I am writing P5 the last time. The best I got so far in an exam was 48 after attempting the compulsory and one option question.
Is this exam to ensure students fail or to test the main objectives of system (discussion, evaluation, critical thinking and being able to apply theory to a practical situation?
I made a mistake by choosing this option.
Search,look and read the article ” How to pass ACCA P5″
I would agree with your point of view, I have been trying my best to pass P5 and it seems fruitless. The questions are way to long, I have notice section 2 questions are now more than a page long as well.
It appears as though ACCA set this particular exam to fail students thus the reason for such a low pass rate at every sitting.
At times it is difficult to gasp what the requirement is asking confusing students even more.
ACCA should review this paper and come up with a better approach for students to pass the exam rather than fail.
Have an issue with how questions are set in P5. Sometimes I find it difficult to understand.
What could the trick be because I have done most papers.
Ken Garrett says
There is no ‘trick’. You have to carefully read the requirements in conjunction with the information given and do your best.
If it’s any comfort, many students find interpreting the question difficult so you are not alone. Practising questions is the best approach.
Thank you so much!
Any tips on P5 from the U.K schools?
Is there any up to date question analysis prepared as I see this only goes as far as June 2015?
Many thanks in advance.
Ken Garrett says
ACCA began merging 50% of two exams after that so we’re a bit puzzled as to what to do with the analysis. You can always have a look at the ACCA S15 + D15 hybrid and the M16 and J16 hybrids on the ACCA site.
Thank you for the support. You are doing a great job indeed
Thank you the support
I’m partially finished AIA course. Recently left Financial Management 3 & Financial Accounting 3. Which part of ACCA Paper preferred?
thanks a lot
aretha mwale says
This is very good
It’s not dowloading
thank you opentuition
thank you alot
Ken Garrett says
You are welcome.
Ken Garrett says
You are welcome.