[chap]

No problem sir. Got the point. Appreciate the reply.
Thank you very much.

[chap]

Thank you, sir. Got the point.

[chap]

Appreciate your reply, sir. But can’t we argue that the JIT system will result in smaller batches (i.e more setups) and therefore higher setup time overall. Even though it reduces the individual setup time per batch.

Thanks.

[chap]

Thank you, sir, I got the point.

[chap]

All right sir got it. Thank you very much.

Thanks,
Charuka.

[chap]

All right sir, thanks.

[chap]

That’s true sir. But recently I found a question which specifically says that the legal title of the asset is transferring to the lessee at the end of the lease period. In that question, the lease term is shorter than the economic life.
It’s obvious that we should take the shorter of the lease term and economic life. But in the answer, the depreciation was calculated using economic life though it’s longer than the lease term. That’s why I was a bit confused.

Thanks,
Charuka.

[chap]

No problem sir. I recently found that the details are available on the CIMA web site. My bad. I didn’t aware of that.
link- https://www.cimaglobal.com/Future/changes-to-the-qualification/#lb-f2

Thanks,
Charuka.

[chap]

That’s all right sir. Recently I found the open-tuition videos for IAS 18 and IAS 17 in you tube. IAS 17 was originally for ACCA. But I think I can manage. Appreciate your reply. BTW glad to see the increased amount of subscribers for the channel.

Thanks,
Charuka.

[chap]

Got the logic sir, appreciate your reply. By the way one of my friends told me that he received an email from CIMA, saying the new syllabus OTQs will be starting from 4th of November 2019. So if it’s true, is there a way to get the old syllabus video lectures of the opentuition?(lessons like leases)

[chap]

Appreciate your reply sir, that was my question. Got it.

Thanks.

[chap]

Mainly the syllabus changes have been taken place in the F2, other subjects are still mostly the same.The opentuition has updated lecture notes according to the syllabus change. If you caught up with some missing f2 videos for standards like IFRS 16 leases, they are available in the ACCA video lectures which are very substitutable. BTW the new syllabus exams will be starting from November 2019.

Thanks
Charuka.

[chap]

Sorry sir, I did’t know that. Thanks.

[chap]

For the first question did they give the stocks in values or units? Was there any absorption rate.?

[chap]

Thank you sir, bit worried about the late reply. Anyway appreciate your response. I have completed P1 last week sir. Passed by first attempt and I have to say that opentuition study materials helped me a lot to complete my OTQ exams since certificate level.

[chap]

Thank you sir. I got the point.
Appreciate your quick response.

Thanks.

[chap]

Hi friend,
I’ve put some ideas about the way that I use to study in the “ask CIMA tutor F1 forum” under the topic “failed F1 twice”. Try it if you can get the hang of it.

[chap]

I like to give some ideas about studying for the CIMA exams. This is the method that I
currently use to study for CIMA exams and it worked for me most of the times.
I think using the Kaplan study text and questions kit is a mandatory requirement for this and I’m also going to a local tuition provider. But when starting to study for the exams,

1.Watch the opentuition video lectures while cross referring to study text. So you will not miss any subject area.

2.After each unit do the “test your understanding” questions in Kaplan study text and opentuition unit tests.( If you have, do the unit questions given by tuition provider.)

3.Kaplan questions kit have questions categorized under main syllabus topics. Do these questions as each main topic ends.(It’s better to do these questions within 1.5 minutes each)

4.Most of the Kaplan questions kit got mock exams at the end of the book except for operational level. Therefore keep some questions remain(all together 60 questions) according to the main topic weighting(listed in the questions kit) to do two days before exam date.

5.Two days before exam date do the questions kit mock exam or remained questions by timing to 90 minutes. Check where you stand.

6.If you get passed no problem. Spend the remaining two days by doing some past paper questions(OTQ) downloaded from CIMA website and go through opentuition notes as a finale touch.

7.If you feel that you are not ready postpone the exam and study more for the areas which went wrong in the mock exam.

I use this method for every subject and if you are currently unemployed this will only take 14-16 days. Also this will reduce the need to read the whole study text.(for case study reading the study text is mandatory)
For subjects in financial pillar and performance pillar getting thorough with the basics of the subject is a must.
Also as the Reacon and Sir said, the above stated exam technique is very important when facing to the exam.
Actually I like to thank for opentuition for making studying process efficient and effective.

[chap]

That’s all right sir…I have to say that your lectures are very interesting to watch.

Thanks for the great service.

[chap]

Thank you sir, I got it. By the way the video lesson regarding to that question is not there.

Appreciate your quick reply. Thanks.

[chap]

Sir, hope you will have F1 practice exams soon.

[chap]

Thank you sir, I got the logic. By the way I appreciate your quick response.

[Author]

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