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I had this question too. I was able to rattle off the thresholds but got confused as to which (if any) should have been excluded because the profit and loss thresholds were all met?
Not sure I have passed this one and gutted as I felt like the questions were kind to me.
Struggled with studying in trying to learn a bit of everything as there’s lots of content within all of the standards. I really wish this wasn’t a memory test!
ButterfV you say not to speculate on the pre seen but you expected what you got? Surely you expect to d that based on the pre seen then?
What did you write for internal control changes? I don’t think I answered that one well at all 🙁
You had the same as me.
Question 1 was writing a report on the informal and reactive strategic decisions. Spent a long time on this too.
Have to say I agree with the original poster after today’s sitting. Studied an awful lot of content only to be given a curveball. Now the 6 week wait to be told I haven’t passed and then cram everything in to 6 weeks before my resit. ACCA really need to think about their structuring of exams. I don’t feel like I passed today but on the slim chance I did, I don’t want to start a new topic and then find out I haven’t passed and then have to resit and go over all the stuff I studied before. Feels like a memory test which is not relevant to today’s world. Why can’t we have more exams which are shorter in length and quicker to mark so we can actually be experts and understand theories rather than trying to guess what might come up in an exam.
Agree with earlier poster, pre seen seemed to not be used much. Question 3 was about responsible leadership which hadn’t been taught in my studies so completely flapped that one. Definite fail from me, very annoyed.
Not sure on the point in all the pre seen information I had been preparing for innovative ways to get business and talk about AI etc
Oh man. Reading all these comments just makes me even more confused. Agree with posts about the lecture lengths etc but really happy this material is free – guys at open tuition are absolute heroes.
I hope everyone has done enough to pass 🙂
As a side note, I really think the ACCA board should consider restructuring these exams, 3 hours is far too long. If they broke it down into 2 or 3 parts it would be much more manageable and pass rates would be higher. At present it’s just a test of how good your memory is – and mine is not!!!!
