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In Pakistan, Go for ICAP.. I dont see any value addition in doing ICAEW after ACCA.
@salman : NO CALCULATOR ? You gotta be kidding me!
@howexcellent said:
on ev, i picked profts derived from (a) as basis. then i) no change in school profit had 0.2 prob that had to be multiplied respectively to capacity (occupancy?) of horses whch was 90%, 80%, 70% i think. repeat process for -10% change in profit whcih had 0.5 prob and lastly do for -20% change, something like that.i did this last but couldnt finish properly, no time!
What is this 90% ?
What i did is ,
revenue x 10 % (decrease) x probability..,.
?
HOW DID YOU CALCULATE THE EXPECTED VLAUE and Q2 ?
And in VFM , what did you right abotu service charactersitics like perishbility , heterogenity etc ?
used. Instead, factory labour is simply regarded
as a fixed overhead and added in to the fixed costs
of running the factory, its machinery, and the
sophisticated information technology system which
coordinates production.I do not have any mock exam. Kaplan and BPP mock exams are copyrighted property. As a professional accountant , please respect this fact.
Thank you for your consideration.
I dont know John , but it’s right here in front of my in BPP revision kit.
So if anyone is wrong its BPP!
I only finished revision kit once this time , making a total of 11 times in 1 year and now I am doing the 2007 to 2009 past papers and reading parts of study texts like fitzgerald and moon models , non financial indicators etc.
EVA is quite easy and important too , I suggest you read the EVA technical articles by ACCA and do the question ALPHA DIVISION to get understanding of it. Its important.
Email would be in your inbox.
ABC treats labour cost as fixed in short run because of the certainly implied. Unlike prices of raw material , labour force is bound under period contracts ,say , of 1 year so their salaries/wages are fixed in the short run. They dont change rapidly as the prices of supplies could potentially change. It is just an assumption made by ABC.
hope this clarifies.
Pleasure @neeru.
all the best!
My graduation ceremony is in Kuala Lampur , Malaysia and I would be attending it on 8th August this year.
cheers
sosologos, It’s not as you say ‘rebellious students’. You cannot implicate that students preferred method is not as good as the one which you advocate.
Your supervisor so called example is irrelevant. When you are new on job , they give you much operational work which contains lots of details rather than strategic areas of work , similarly Q1 contain more details to work with than the other questions.
In any case , you should just state your opinion rather than to advocate that your opinion is indeed superior to all others.
Everyone have their approach which works for them , I am of the opinion , which many experienced tutor recommend , that do Q1 first than move on.
Often its the student who finds question confusing because he dont have the proper understanding of question verb requirements , however examiner indeed is confusing.
Take it to ACCA boys!
It took me a year to understand that question , not really understand but just figure our how to solve a profit maximizing price question.
There is a question in BPP revision kit by name VISION and in Dec 09 exam too , just go through it and learn the formula and steps. That’s it (and do hope it doesnt turn up in exams)
The paradox is, when i emailed BPP tutors they said this formula is derived by economists so we dont have to worry about it , just do it! duh! they do mean that we do it without understanding it so lets do what it takes !
keep going!
Yes, that was a tricky question but once you get it , its quite simple. Dont get worried about if you saw CSR before or not , just understand the question and move on!
Keep moving!
you can go on saying why figures are going down/up and take take clues from the scenario , they will show you the reason about the behavior of the figures. Now this reason is always there , yes , its always there and at this level you have to find it out.
Always do Q1 first, it contain lotsa marks but dont spend more than 1.5 hour , move on after 1.5 hour to next question.
all the best.
sensitivity analysis can be applied in varied scenarios.
you need to understand the concept , once you do , you will get it how to apply it to various questions.all the best.
Minimax , maximin etc. are examinable. Regression analysis could ONLY appear in small theoretical question.
You need to look at technical article on these topics which is available on ACCA Website. Do make a search you will find it and If you can’t than I’d prefer to spend a year finding it and than go for P5!
all the best.
