[Anthony]

Thank you to both of your for your replies- it is much appreciated

[Anthony]

After watching the lectures and studying whichever textbook you use, just do practice multiple choice questions over and over again. The 3 sources of practice MC questions I used were

-ACCA specimen and Dec14 paper (these are the only 2 that have MC questions, previous to this it was all written answers
-Kaplan Exam kit
-Opentuition mock question ‘bank’- https://opentuition.com/acca/f4/f4-english-variant-revision-mock-exam/

After a while you start to see the same questions coming up but that’s the whole point- you remember the answers

With regard to which topics to study, I can’t really advise. The CBE pulls different questions from a large bank of questions every time.

[Anthony]

Hi Jon

thankyou very much for your assistance- it is much appreciated

[Anthony]

So share capital only ‘hits’ the balance sheet once it is paid/ called up? So, in the above example, final share capital is £500,000? (£250k paid initially, £250k called up). Does the called up £250k appear on the the balance sheet separately, or is the full £500k simply “Share Capital”?

Is the nominal share capital of £1,000,000 (or more specifically, the remaining £500k yet to be called up) contained on the balance sheet at all before it is called up?

thanks again in advance

[Anthony]

Hi Jon

Thankyou very much for your explanation…that is very helpful

So ‘paid’ share capital is the same as ‘called upon’ share capital?

and Share capital = Called upon (paid) SC + Unpaid SC?

thanks again

[Anthony]

Yes I have watched and taken notes on every F5 lecture on OT

In example 1, page 11, the companies objective is described as 50% mark up on cost. Yet the selling price is already defined and we work backwards from the selling price to determine the target cost ($10.5 / 1.5 = $7)

Surely this is an example of working out the TC based on margin on selling price? I cannot see how we are working out a TC based on mark up on cost if the selling price is already determined?

[Anthony]

John- thanks for your advice

I already have the full Kaplan set, which includes the exam kit, which contains 60 pages of practice multiple choice questions. Along with the specimen F5 paper that ACCA have produced in light of the new exam format, I think I have enough resources to prepare for the multiple choice section of the exam……just a case of actually getting stuck into it over the next 2 weeks!

Thanks again

[Author]

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