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faithe

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Active 13 years ago
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Viewing 9 posts - 1 through 9 (of 9 total)
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  • December 6, 2010 at 6:31 pm #72708
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    Hi All

    I also did 1, 2, 3 & 5 and also didnt use my calculator much either. No one seemed too even in the F6 section of room. I thought a very wordy and time consuming too.

    I messed up on Q1 a&b couldnt think what to do or even which way round for indexation!! great start for the most amount of marks….I went totally blank but hopefully did ok on the VAT and ethics, so got some marks

    What did everyone recommend?

    Q2 I thought was ok but I messed up with saying she had only been in country for 4 years so no RBC !!! I did talk about it tho and said when it would apply so hopefully made some marks up there (fingers crossed anyhow)

    Q3 a, selling of own shares. Did Melba finish up owning more or less than 30%, I cant remember now what I said….
    Messed up on b as didnt pick up on it being a close company so different rules so dropped loads marks there

    Q5 did parts b & c first as was running out of time and wanted to pick up some marks – I did Congac less the exempt VAT and talked about personal services companies. I think I recommended the sole trader as not much difference between that and overseas company but less admin and costs due to the VAT having to be in and out on the overseas aspect thingy.

    What did everyone else put?

    Good luck to you all and fingers crossed for 9 nine weeks time

    June 16, 2010 at 3:08 pm #64453
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    Just sat an exam? Give your feedback here

    Exam feedback – June 2010 exams
    07 Jun 2010

    As part of ACCA’s quality assurance process, we welcome your feedback on the exams that you attempted at the June 2010 session. The feedback that you provide will be taken into consideration by both the Exam Review Board and the Exam Review Panel prior to results being finalised.

    Please complete the short survey – see links below – when you have sat your final exam in this session. It will be accessible until midnight (BST) on 21 June 2010 and will take around 10 minutes to complete.

    https://www.webropol.com/P.aspx?id=448095&cid=92084973

    June 16, 2010 at 3:04 pm #64452
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    @suejune7981 said:
    hi , Faithe, thank you
    i used value chain for part c. and some of them said 6I .
    the paper is really time pressures. if we have bit more time , we could do better. hope the examiner himself will read this feedback and take it inot account.
    good luck!

    I had it all in my head not sure if right or not, I just hope I managed to make some sense in it in what I actually wrote as didnt have time to review!
    There is a section on ACCA’s website where you can take a survey for the exam which the exam board and marking teams are supposed to consider. I will see if I can post the link.
    If you read the examiners comments on the past exam papers, even if you didnt use the model or any model, that he was expecting you to, you still get credit if your points are relevant to the case study!
    Good luck to you too

    June 16, 2010 at 2:47 pm #64447
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    @suejune7981 said:
    hi: what about q1 part b and c ?

    errmm I tailored the question against them 3 issues, said a lot of crap bout why ony 5% were being responded to, i.e already had membership cards at that pointm – dont send out till payment cleared, preventive action as in allowing customers to pay by DD then wouldnt need to send out so many letters, backlog causing delays, not intergrated system, cant think of any more offhand but wrote loads of small different points.

    part c broke up into two sections, email then net. Talked about email reminders – not green to post letters so more enviromentaly friendly, mass marketing emails, promotion and donation begging emails lol, then reaching a wider target market worldwide, intergrated site to allow payments there and then, webcam’s to allow people to watch the wildlife without having to go to wetland and maybe destroy some wildlife when there! volunteer profiles to promte work done and increase morale (recgonision for what the members do) etc

    June 16, 2010 at 2:25 pm #64384
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    @faithleona said:
    sorry i meant P2

    Did you see the size of the kit !!!

    Can I ask how and where did you study?

    June 16, 2010 at 2:17 pm #64434
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    Hi All
    I also did Q1, 2 & 3
    for Q1 I did it as a pestel, mendlow for the stakeholders expalined how I had rated 3 stakeholders, talked about core skills and then 2 paragraphs on what should be in a mission statement (was unsure what they wanted)
    Dont think it mattered which models you used, if any, as long as you got the points in as asked you to assess.
    Swift one: didnt really do any financial ratios as my mind went blank but talked alot about why it was a good idea, then it was porters diamond, in which I wrote a lot of the same stuff but in a different way
    Q3 lots of different points made as forgot it should be SAF so added a line under each point to say if it was SAF and to which group
    Didnt really know what to put for part b so bullet points about skills they should have i.e. good commuication, organisation skills, project management, etc
    part c CMMI, i reviewed just before when in but couldnt remember name of each step but I described them just.
    I was very tight on time, I over ran by 15 mins on Q1 so was playing catch up. My arm feels like it is about the drop off and I had to ask for extra paper.
    Defo better than P2 yesterday !!!!
    fingers crossed to you all (and to me lol)

    June 16, 2010 at 2:04 pm #64380
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    @right_angle said:
    Hi all please take timeout to fill the ACCA exam survey. it might be the difference between pass and fail. Many people find the exam tough and unfair, and this should be campaigned
    Here is the link :

    https://www.accaglobal.com/allnews/students/2010/NEWSQ2/News/3331775

    Thanks for this, I will be putting my vote in !!

    I was with kaplan, they did predict an income statement but I cant find where any of the questions in the book were even really similar to exam, so I dont think it was just BPP that had this was wrong!!

    See you all in December 🙂

    June 15, 2010 at 2:47 pm #64330
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    feckoffcup:
    I thought the whole paper was badly worded !!! lol
    why can they be nice for once ? 🙂
    For the sale & lease back in Q4, was it?
    and did you all include 8 or 5 m for the provison Q1?

    June 15, 2010 at 2:12 pm #64319
    mysteryfaithe
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    Hi All
    It was a total nightmare for me too !!
    None of my strong areas came up and for some of the questions I wasnt even sure what they were asking.
    Didnt seem to be like any of the past papers. I was hoping for the SME too…… where ws it in Q2 as I missed that as well.
    Was Q1 a verticle group? I thought it was but someone else thought it was a normal group with 2 subsid’s……. please dont tell me I read it wrong????
    I did Q2 & Q4

    Management for earnings confused me as well, I have never heard that term, I think I just babbled bout window dressing smoothing profit being wrong, not T & F view, etc
    Fingers crossed for you all

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