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Passed with 60% and finally finished with exams. Had one failure at F9.
To those that failed, dont give up, its achievable!How did you find the building block question for 15 marks. Felt like there wasn’t 15 marks worth to say with only using 4 determinants.
Just made points around the standards and rewards of the building block, achievability leading to motivation, ownership leading to clarity etc.
Bonus was based on customer satisfaction, maybe factors outside the control of the drivers, was 85% realistic ? and where did that figure come from, what was the current level ?, plus surveys are subjective.The operational gearing I messed up on.
4 headings under “what gets measured, gets done” was a little tough.Struggled to write 15 marks worth on 4 elements of the building block though.
Rest was ok to be honest.Sure you’ve done well !
Q1
evaluate their performance report:
18 marks for quantative
12 for qualative (had to rewrite their commentary and suggest new kpis)
8 marks on operational gearing
12 marks on “what gets measured gets done”
Q2
15 marks on BPR
10 marks on reward system for employees
Q3
15 marks on building block (4 determinants)
10 marks on unified corporate system
Was expecting more smaller requirements
No eva or corporate failure unfortunately.rafeeq2717 wrote:1.Dolphin group providing communication service… difficult to find many ROMM..and many business risk… very difficult to handle in remote based exam with 5 different exhibit..
multiple screens… unlike paper based exam.<br>Business risk; romm, audit procedure for related party disclosure and difficulties in finding related parties<br>2. Going concern – evaluate events casting significant doubt and cash flow audit procedure.<br>3.Due Diligence – difficult question to get anything out of it.. but easy bit is ..client asking partner son to take appoint him in his firm.Had the exact same paper
kamdarvivek wrote:I could only find few material points for material miststaements
Profit and loss on disposal of investment
Associate loan disclosure
Related party transaction disclosure
Operating segmentsNew client is an audit risk not material misstatement.
I wouldn’t read anything into it.
Liklihood is that its completely random, otherwise people would have realised the system already.Also passed an exam received at 10 past once
Don’t think it does, just random.
Mine have come though from 0:02 to 0:10Failed once and it was ten past.
Agreed, I loved the internal controls question and slides for outsourcing.
Q2 I was debating wether to use SAF but I didnt, did pros and cons for each proposal.
Q5 was a bit rubbishCAD, designing boxes for customer orders etc, order goes to CAM to get processed. Robotics carry out the cutting to improve efficiency and reduce wastage materials . Just stuff like that
Love that and the question after that for internal controls.
henry1acca wrote:Really looking forward to the results. Good or bad the build up is immense! Having a nice pint of San Miguel thinking about what’s to come at that dreaded 12.01 am!
I attempted SBL
Felt very confident after the exam apart from one question about risk management.henry1acca wrote:Really looking forward to the results. Good or bad the build up is immense! Having a nice pint of San Miguel thinking about what’s to come at that dreaded 12.01 am!
San Miguel also
This is the way !Also took SBL
Risk question I know I lost marks on.Whatever the outcome, dont give up, your so close !
This is what i had:
1) Compare financial statements, (financial and non financial issues)
1b) Compare two product proposals for market penetration and diversification (ansoffs matrix)
2) How to improve risk management in the workplace
3 a) Suggest improvements to entire process using CAD, CAM and robotics
3 b) Internal controls suggestions with explanations
4) Pros and Cons of outsourcing HR and IT department, format of slides
5) Press release on reassuring stakeholders (Newspaper article bad mouthing the company about not being enviromentally friendly)2 and 5 being the weaker questions for me.
harryks89 wrote:My exam froze with 15 minutes to go too! Very frustrating.
I had my antivirus block webcam at the start which scared the crap out of me.
Asked the indivigilator how to stop the 15m warning, he said to press esc. Then he said OK 4 times which kept spamming and opening the chat box…
MAB123 wrote:I had review the performance via 1) financial statements, 1a) analyse the market penetration/diversification, 2) Risk register, 3)manufacturing process improvements, 3b)internal controls for that process, 4)outsourcing slides and finally 5) press release
I had this.
What did you write for the risk register question ?arm2250 wrote:I thought question 3 was the hardest part by miles. Q1 was good to look at the receivable day payables profit per employee etc. Q2 just compare the different model which thought was fine.
Q3 the risk management one?
Didnt like that question66% !
Shocked as I knew zero about sustainability reporting and there was nothing on usual groups and ethics.Waiting on SBR.
Know i lost 15 marks for sustainability reporting, fingers crossed.
