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Totally agree with Shawn though that time management and answering 100% of exam was number one factor in any successes i had in exams including this one
Haha saying you expected to fail and then got 71% is a bit sickening to those who passed. A bit unrealistic in fairness
PASSSSSSSSS!!!!!!! 62% and that’s me done and dusted. So happy they’re over. Good luck everyone
I thought the exam was fair enough – models were fairly standard and the examiner had hinted on several occasions that he wanted to move away from mindless calculations and more towards the analysis of information – ‘finding nuggets of gold’ within a sea of information.
For Q1 I thought the notional interest rate of 9% was something used for the RI calc as it is chosen based on the risk involved. I don’t think this is the rate that should be used for WACC however as this should be the actual interest rate charged. I presumed a debt/equity split of 100% in favour of debt as equity was not given i thought.
Time pressure was a factor and was the reason i failed last time but i found as long as i was ruthless with the 1.5 minutes per mark rule it wasn’t too bad.
here’s to getting a PASS come August (fingers crossed). good luck everyone
Thanks for the reply. Totally understand need for >30% usership in order to even consider. Worth a try
(p.s. While we all love the free nature OT i do believe users would be more than happy to pay a cursary €3-4 for an app that could provide audio and video lectures to their smartphones. I know I would!)
Cheers
Agree with comments above stating that very specific parts of the course are allocated large percentages in the exam. Wish I’d studied the ACCA articles more. When i think about all those past exam questions I did for nothing….
Oh, just a word of thanks to Open Tuition for their tips. You recommended the Aug 2009 Article on Internal & External Actors in Governance. Read it last night and a question came up today on Trade Unions which I wouldn’t have been prepared for otherwise!!
Thanks Again!
Didn’t really apply many models throughout the exam so hope that wont put me at a disadvantage.
However, I found it relatively easy to apply all of the scenario’s to the questions asked.
Did question 1,2 & 4 as it seems a lot of others have. Question 3 was a real F8 question I thought. Forget that!
That probabilities bit of question 1 was rediculous! I think there was enough marks elsewhere in the question to pass it though. 2nd time out for me – hope I passed!
https://opentuition.com/acca/p2/podcasts_chapter_1_simple_groups_part_1_introduction/
The above is an example of one of the audio lectures that wont work. Basically none of them do.
