[Fernando]

obviously the regulator is high and high – they have been concerned with many stuff and also have the power to lower the licenses – dunno i might be wrong but its the way one interpret it I guess

[Fernando]

yeah i figured that our re pro management -But the CEO is working in the public sector and mostly are politically appointed and somehow the scenario gave me that impression that she had little interest in the job – also at one point she asked the project manager to handle stuff problem – a proper CEO, considering the issue , should handle them him self. But i also put the regulator as high power high interest especially since they can lower the licence fees etc.

Dunno maybe I’m wrong with my interpretation

[Fernando]

POPIT was very confusing for me also the ecommerce question – I’m hoping I got a 25 from Quest 1 Qus 2 & 4 were super fair! – Did you classify The CEO as low interest – high power? She really had low interest putting all her duties on the manager…

[Fernando]

i’ve wrote CAAT’S and Filing

[Fernando]

same! but the misstatement was the $2.6 Million receivable – that had to be contingent asset – and disclose – am I correct?

[Fernando]

exam was ok – mcqs very tricky and Question 3 was very hard – but rest of exam was ok

[Fernando]

i never discussed about going concern – i think i did ok – i messed up with question 6 – i knew half of it but ill think ill pass

[Fernando]

does anyone has any model answers for the paper they issued?

[Fernando]

i did the same as you james – divide by 5 the fin lease and new plant – divide by 4 the rest

[Fernando]

for good will i got 19 something if I’m not mistaken – not sure cause so many number in my head right now – but we had deferred consideration – it wasn’t an easy paper – yet i believe i passed

[Fernando]

cause they were spending the most time – 3 are not enough

[Fernando]

i think it was a fair paper compared to June – I think I did a good job after all in this paper

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