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I’m sitting the Law exam in March and I’m not sure how the computer based exam is. Are they all multiple choice questions or is there a written part too?
Overall I think the exam was a disaster for me. Don’t particularly believe it was that difficult but run out of time in the end. The budgetary control I didn’t have time to finish it as I left it for last. I basically amended the 12 month budget period to compare it to the Actual 6 months, which I thought was the correct way. I now believe it was not. Think it was a way by the ACCA to trick us into believing that that was the correct way of doing it.
For the ROI and RI I believe I knew the knowledge to what was controllable and what was not. My revised ROI included also amending the Capital employed, deducting the head office control figures. I know that this is not the correct way, as only Controllable Profit should have been amended, but it made sense to me to also adjust the capital employed. Perhaps someone can shed light into the correct way it should have been calculated.
@adedolz said:
I really loved my ROI and RI part C question. Prepared well for that.
The second question on budgetory control statement is what I’m not just sure I understood the requirements well.Never liked variance so was really glad that was just 10marks in part B
Do you remember what answers you got? I got mixed up with whether to include
controllable or not controllable figures for the capital employed