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did anyone else do Q2 and Q4? Q3 just looked like so much text to read!!
i had hoped pensions would come up so when i saw it in Q4 that made up my mind to do that one even though it was only for 5 or 6 marks.Q4c What did you put about the R+D? I could only think to say that it should be expensed in the year it occurs. dont think that is right
misspiggy, did the question in part b actually say direct method and discuss? i cant remember!!
i had to double check with online kaplan text and this is what sit says:-
The direct method shows operating cash receipts and payments. This includes cash receipts from customers, cash payments to suppliers and cash payments to and on behalf of employees. The Examiner has indicated that the direct method will not be examined and is not considered further within this text.
In part b of Q1 did it ask about the INdirect method or direct method? The cashflow was done using indirect method ( i hope) and then i have went onto to talk about indirect method in part b.
Have i misread and it was asking about direct method? As someone said earlier Kaplan book states that direct method wouldnt be examined. Maybe they meant in the form of making up cashflow stat