[aislingof]

What was the mcq about how inventory should be recorded? Where is showed the selling price, labour, direct costs, v o/h etc? I thought it would be all costs except selling costs and the fixed o/h but that wasn’t there, what was it supposed to be?

[aislingof]

Thought the mcq’s were very manageable but the long Qs threw me a bit :\ Q1 looked super easy but I must have made a mistake because I ended up with negative goodwill which I don’t think was right 🙁 Q2 ROCE was straight forward, the second part was pretty nice but I’m not sure I referenced the discontinued operation enough in my analysis. Q3 I got very muddled on unfotunately, just hope I scrapped enough to pass!

[aislingof]

@acca145 said:
what are option to select for government actions which are useful for business in mcqs?

I said improving the transport links and routes and reducing the cost/tax to manufacturing industries (can’t remember what it was exactly) but I’m not sure that’s right. Raising the minimum wage for employees might help consumer spending but I thought it would be a higher cost to the business and I can’t remember what the last option was!

[aislingof]

I thought the paper seemed very tough. In preparing for the exams I had gonee through all the past papers available on the acca website and felt the standard of these was much harder. Hopefully I will pass bit I’m disappointed because I felt I had prepared myself well and I lot I was hoping for didn’t come up. I had thought islamic finance would come up so I prepared that but then it was only worth 3 or 4 marks! ?

[aislingof]

82% pass on first attempt, very pleased 🙂

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