[Simone]

Passed with 53% this was my last paper. It was a long journey and I’m so happy to now be qualified!!!

[Simone]

Q1. Benchmarking, performance dashboard
Q2. Corporate Failure-Argenti
Q3. BPR, ERPS, Appraisal system

[Simone]

The exam was fair
Question 1 to find he market values was easy
Question 2 leading was cheaper
Question 3 Cost/Benefit was a little hard I could not remember how to do it, hope my steps earn me marks
Question 4 NPV positive, hard and soft capital rationing
Question 5 WACC reduced from 11.4 to 11. part b I spoke about modigliani and miller theory of dividend irrelevancy

[Simone]

I know right? I hang onto every word in exams and read it multiple times to make sure lol

[Simone]

I was talking about Minny. I went back to check the question which did state that liabilities were not considered in the recoverable amount. I saw where the confusion was….I disregarded that last sentence that is why I got confused. Got it now!

[Simone]

thank you!

[Author]

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