Forum Replies Created
- Posts
Oh I chose aggressive approach in mqc too.
It was a tricky paper. By 12pm I had such a mix of formulas and info in my head, i waisted so much time on mcq, I didn’t have enough time to written and.Mcq1 I had A,
NPV was$10608,
Payback 2yr 9m,
WACC….. it said bank loan had variable rate. Doesn’t it mean we need to ignore it?? We can’t apply any rate because it’s variable- my logic.I thought so. Im dreading for cbe become compulsory, its so hard, when you are not able to see everything you do in front of you
p.s. i will not be doing a CBE ever again, and i do not recommend it to anyone.
My first time and my last time. Dont Do it !MCQ’s arent even MCQs, you just have a text box to enter a correct number !! Very unfair against the paper version
I had half of the answers as C’s. Let’s just hope we have the same halves as C’s?????
@cioccolatostars said:
Am i the only one who got half the answers for the mcqs as C’s? >.>@aminb001 said:
https://www.accaglobal.com/content/dam/acca/global/PDF-students/acca/f6/exampapers/uk/f6uk-2016-jun-q.pdfI almost had a heart attach… It’s march/june past paper, not june/ half if the questions are not from our paper. I thought i couldn’t remember them?
@caspian087 said:
UK Tax variant MCQ… taxable profit for 8 months is 1.260.000 £ for the date of 30 september 2014. (270.900)Did you use both 23% & 21%??
@sonyam11 said:
Aside from the fact I had a nightmare with this paper could someone please answer the question in the IHT question that asked why it’s more beneficial to leave your estate to grandchildren rather than children??I am at a complete loss, wrote nothing! I know that was only 2 points so no big deal (least of my worries!) but it’s bugging me!
Did everyone else have lots of Cs in the MCQ?
Iht is paid only once, one generation is skipped
@aminb001 said:
To which answer do you mean?Adjusted trading loss of £126,000
@aminb001 said:
I want to confirm whether part b stated that the 40000 shares were originally purchased at par value or not?I am pretty sure thats what it was said
@sapphire16 said:
I used the most recent market value too but I’m not sure if it was the right market value to use, because the Kaplan book says that we use the market value when the property was first provided.I think the exam gave us two market values (which I wasn’t used to seeing), and so I picked the most recent one which I think was 5 April 2015 (or near the end of the tax year), and I used that instead of the other market value, which was probably from the year that the employee was given the house. (Hopefully we only lose half a mark for this, as the rest of the calculation working would be (MV-75,000) x 3.25%, which I did.
I did as well
