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These are the questions I got.
q1
– govt grants
– covenants
– goodwill (why is is significant RoMM, audit procedures)
– going concern
– heavily geared companyq2
– sustainability reporting
– ethics ( additional engagement of audit client)q3
– provision for contaminated products
– comment on audit opinion
– non-disclosure of related party transactionA lot of difficult areas were tested. I’m really nervous.
what did you write for the last question? use of performance excellence model to enhance performance. I got lost there wrote something about KPIs but not sure of its okay.
I got the same set of question but I got a positive NPV for Q1 and in hedging question I got forward market to be the most favourable I did forward, MMH and currency options. I also kinda got stuck on the swap question and ran out of time. 🙁 overall it was ok I think.
Got investment appraisal on section A that was very similar to Dec 2022 section A question which I sat and in Section B I got demerger, and currency hedging which was okay but got kinda stuck on the swap question other than that paper was okay. Hoping for a pass.
I got positive NPV question 1.
Hello, I have watched the lecture on this topic and the example we are getting d1= 1.22 and d2=0.87.
For calculating N(d1) which is N(1.22) we are selecting the probability of 0.3888 which is 0.02 from above the normal distribution table and for N(d2) which is N(0.87) we are selecting the probability of 0.3078 which is 0.07 from the values above the table.can u explain to me if the values on the top of the normal distribution are taken into account when selecting the probability of N(dx).
