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The month off before might help but doing those 3 together is a lot. Do you have a background in audit, tax or financial reporting that might help?
Heading, sub headings and short paragraphs apparently are the best way so that it is easier for the examiner to mark
i probably prefer bpp but to be honest they are pretty much very similar. just depends on the particular tutors you get in your city
@boscobosco said:
As a matter of interest, what discount factor did everyone use for the NPV. I started with 20% as per director, but switched to 10%. Came out with Negative npv of around 400 grand. But it was neg of about 700 with the 20% factor so just interestedI started using 9% that I had calculated using the 2 inflation rates….then I realised they told us it was 10% in the question!
I ended up with a negative NPV of 2.7m or something ridiculous. I must have majorly messed up on one part of it but the majority of it seemed right so I wont worry too much
It was horrible. If I could have written an example of an F7 exam that I couldn’t do I would have written something pretty similar to what we saw today. I’m hoping that knowing the proforma’s is enough to get me near 50% I think I would be happy with a high fail right about now!
Here are the BPP tips https://opentuition.com/groups/general-acca/forum/topic/bpp-acca-june-2010-exam-tips/
Thanks!
I have been saving questions 1 and 2 until last. I find question 1 really difficult. This wouldn’t be so bad if we didn’t have to wait 6 months to resit.