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Thank you magdapaczoska. It was my first attempt for both and I have to admit that my heart was about to break when I received the email!
Hi everyone! I found the f5 exam very difficult. In fact i also found the mcqs difficult.
Can someone tell me the answers in the questions:
1. It had a questiob about environmental accounting. In fact it said that an electricity factory is going to install a new system in order to transform its waste in useful form for buildings. It asked if this is external failure cost or prevention cost. Does anyone remember the answer in this question.
2. I also had a learning curve question. It said that an item needs 10 hours for the firdt product with a learning curve of 80% that stops after 100 units. It wanted what is the time per unit after 100 unites but my answer was 0,07 while the only answers where 2,27, 0,10 etc.
3. In b section it had a relevant costing theme. It said that a product is making a loss but if we cease production we will lose 15% sales from another product. I remember putting as an answer that its relevant minimum price would be 395. Does anyone remember his answer?