[jerado]

Don’t give up.

passed it on my 5th try.

I would suggest buying the kaplan study text to go along with opentution videos.

[jerado]

I got the transfer pricing and rolling budget.

Regarding the rolling budget, once you attempted it there would have been loads of points to pick up.

I found that with section C questions even if you mess up along the way as long as you show all the workings you will still get marks as they will on deduct at the place where you made the error.

Once you continue you will still receive marks.

For the rolling budget, I increased sales revenue by 2% for each quarter, the Gross profit margin was stable so I took 60% for each quarter for gross profit and the difference generated the COGS.

The administrative cost was 5% of sales/revenue for each quarter.

The quarters were Q2, Q3, Q4, Q1.

I finished the transfer pricing, didn’t had time to complete the discussion part tho.

[jerado]

I got 48% but I feel optimistic about the next chance.

Miss managed the time and did not get to attempt the big question in section C.

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