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Ahh damn got it muddled up you are right no letting relief if they didn’t live there. Ahh hope I can scrape a 50 with the rest of my answers doubting it now I was so anxious
Think I did too tbh mine had letting relief too did yours? I didn’t end up with a loss but the PRR was the same as the lettings relief as was the lowest out of PRR, 40k and the disallowavle amount
Found the exam ok not sure if I wrote enough. My questions consisted of PE, gains group, VAT group and exempt sales, IHT, partnership or employee, close company, cgt on sale of lease, PPR, IHT rate of 36% and EMI shares
I had the acquisition, change model, 7 p’s, sustainability and risks of new software. Not sure I wrote enough and think i used the wrong model for the change. What model did everyone else use for change in culture?
Passed first attempt with 69% glad that one is out the way. Think it’s defo luck of the draw as I found revision very tricky but the exam was quite simple so I think I genuinely passed as I was lucky I got the easier paper. Good luck to those retaking in June.
I messed up on my MOS but my question it was only 5 marks? And it also asked you to discuss it so I do not believe all of the marks were just for the calculation. You always get follow on marks as long as you show your workings
I had the multiple choice as my first question about the printing. I worked out the sales revenue and then deduct the variable cost one of the answer they would have made a loss the other one they would B/E and then I used the next figure as it said minimum profit figure or something. Confused me being the first question as not seen anything like that before
I was way out then haha hopefully I can get between 14-20 marks on the section c from the other parts them to get the pass mark. Last one of my applied skills and I am glad can’t wait to move onto the strategic papers and advanced and finish ACCA now haven’t failed any so far and with working full time and 3 kids it’s ALOT.
Ermm no think I got around 70% lol don’t think it was right but I estimated that I got at least 36 marks from a and b so hopefully I can scrape 14 marks from section c. The adv and disadvantages of the transfer price being $4 think I will get quite few marks and hopefully I get some from the transfer pricing q’s really didn’t like the studying for PM was a lot. Most of the difficult stuff I revised for didn’t come up which was annoying but glad it didn’t
Found section a and b quite easy few were tricky and I know I won’t have gotten them right. Section c I had transfer pricing and cvp think I messed up with the transfer pricing but hoping I still get a few marks but the written part I done well in. Cvp I done ok I’m think I got a different MOS but same weighted average C/S ratio.
@HJohns tbh by the time I got to that question my head went blank and I sat there for about 20 mins before I attempted the questions so I believe I completely messed it up. I know I done well on the npv question found it quite simple but the nominal and real rate I think I spoke about them the wrong way around and section a and b I done poorly so believe it will be a resit first out of 5 and gutted never felt I done so poorly in any of my other exams
@HJohns I can’t fully remember the question but I’m sure it didn’t mention market value so I done the book value? How about you?
@HJohns personally I think they meant to discuss both as one is equity the other is debt and for 8 marks not sure there would be enough to have wrote about for just one? I’ve done 3 mocks and done majority of the past papers on ACCA and believe that they would require to discuss both not just one but who knows I’m a doubting everything right now
I also said debt is cheaper than equity and listed the advantages and disadvantages for both and then discussed the optimum capital structure. I tried to obtain marks any which way I could
It’s horrible I felt so confident with this exam revised so much and most of the things I revised didn’t come up no WACC questions no dividend growth no questions on the optimum capital structure traditional theory or the M&M theory even though I had a question about financing with debt or rights issue I wrote about it there just to add in. It has made me so deflated and down as I know I done terribly and this will be the first out of 6 that I fail. Super down about it
I got saving as 73500 too but my head went blank and I kept inputting in calculator wrong but eventually got there
I don’t think the development costs were meant to be included? If it’s already been spent it is a sunk cost? Not seen it in practice questions but I was on the understanding anything that has been spent prior to the NPV calculation should not be included
I was told if they have ready been spent then it is sunk costs and not to include them. Even the 1m absorbed costs in fixed costs shouldn’t have been included. I got a + NPV don’t know if it’s right though. I’m so annoyed studied so so much took all week off work to study and nothing really came up relevant to what I have been studying. Nothing on Islamic finance when I learnt all of the different terms
That was awful. Section c not too bad but still think I messed them up NPV was one of my 12 mark questions which was nice. The section A and B were horrific didn’t know any of them
Thought the exam was ok didn’t find any thing in the section b questions hard. Some of the mcq were a bit difficult hoping I done ok.