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kknd

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Active 10 years ago
  • Topics: 2
  • Replies: 7
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Viewing 7 posts - 1 through 7 (of 7 total)
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  • March 5, 2014 at 1:38 pm #161522
    mysterykknd
    Member
    • Topics: 2
    • Replies: 7
    • ☆

    Hi SalahUddin

    Thanks for the link. The mindmap is really useful!

    March 5, 2014 at 12:40 pm #161505
    mysterykknd
    Member
    • Topics: 2
    • Replies: 7
    • ☆

    Hi ahqarrahman,

    You can request for an admin review for your paper. The outcome of the review will also include which questions you passed and which you did not. Hopefully that will be enough for you to identify where you went wrong.

    Other than that, search for technical articles relating to exam technique. Actually, exam technique is mainly dealing with time management. Search and read up on exam tips from ACCA markers and examiners. They will often emphasize that correct exam technique is what wins marks, more so than knowledge itself.

    Lastly, practise and practise and more practise.

    March 5, 2014 at 12:35 pm #161504
    mysterykknd
    Member
    • Topics: 2
    • Replies: 7
    • ☆

    My first sitting was last dec (2013). I did not pass (46) but I knew where I went wrong and what I can do to pass. Hopefully this will apply to you too.

    I took lessons from a tuition provider and I find that it is best to understand the big picture i.e. what is p3 in summary? The whole syllabus is basically a giant JSW rational planning model, from analysing your strategic position, deciding on the choice of strategy(s) and the implementation of the strategy. These 3 stages alone cover about 12 chapters of the syllabus.The rest are stuff ancillary to an org like hrm, it, project management. Check this link out: https://fengtau.com/p3.jpg .It is a picture of what I just wrote so you can visualize what I am trying to say.

    After getting the big picture, it should be easier to grasp the finer details i.e. value chain analysis->primary and secondary activities->primary has 5 sections and secondary has 4…

    From then on (and this is where it actually counts), it is just about practise and practise and more practise. Be it PYQs or BPP revision kits. You mentioned application of knowledge to a particular scenario. Well, that only comes from practise, since practising is an application of knowledge. Unfortunately, I did not do enough and took it for granted that knowledge alone with a little internal and mock exams would suffice.

    I hope you have gained something from this and I hope you pass p3 on the first sitting! It is an extremely interesting subject and highly practical and applicable in real life.

    March 5, 2014 at 12:20 pm #161500
    mysterykknd
    Member
    • Topics: 2
    • Replies: 7
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    It is the same thing.

    Both models rely on the principle of setting a goal and putting in place strategies to achieve them, bearing in mind that these strategies should fit in with the org’s strengths and weaknesses while being able to take advantage of any opportunities and mitigate threats.

    March 3, 2014 at 1:16 pm #161333
    mysterykknd
    Member
    • Topics: 2
    • Replies: 7
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    I think the past event is always an action by the reporting entity. However, whether or not that action is recognised as a past event I.e. Factory polluting nearby river depends.

    In the smoke detector example, mike is right as the entity has a way of avoiding a provision by closing shop. Thus, whether or not a law is passed, the entity can avoid the situation where it has no choice but to create a provision.

    In the mining example, the passing of a law is not a past event. Rather, the passing of the law has made the pollution a past event in terms of recognising that a provision is needed NOW for the polluting that was done BEFORE.

    Hope this helps!

    August 24, 2013 at 8:14 am #139001
    mysterykknd
    Member
    • Topics: 2
    • Replies: 7
    • ☆

    Thank you for the concise answer sathjyot, that really did it for me!

    August 24, 2013 at 7:44 am #138999
    mysterykknd
    Member
    • Topics: 2
    • Replies: 7
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    Thank you fellow members. I did not expect such a quick and varied response! Well, the reason I’ve asked is that I am hoping my marks will not be published along with my certificate when I attend an interview.

    Hard as it is to pass some papers, it would be harder or close to impossible to justify my marks for certain papers to the interviewer. I am sure some of you can relate to what I am saying.

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