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We don’t produce any lectures specifically for MA2. However, in Chapter 11 of the notes there is an example with answer at the back to work through.
If you want a lecture then try looking at our ACCA MA notes and lectures, chapter 16 (part 4 of the lectures).
https://opentuition.com/acca/ma/acca-management-accounting-ma-lectures/
Personally, I would go for the first option. It leaves question practice to the end so closer to your exam and I think that would be better than spreading out the questions.
This question is nothing to do with APM.
AFR perhaps?
Please repost to the appropriate forum.
Briefly mentioning really well-known examples is fine, but you shouldn’t go into great detail about them. No more than a short sentence.
Your examples of Dropbox and Ebay are fine. If you were talking about e-marketing, then mentioning Google and Facebook could be relevant. If talking about strategies going wrong for even well-established companies then mentioning VW betting on the popularity of e-vehicles could be relevant.
I suggest you stick with the Studyhub notes. Refer to the Kaplan notes on a selective basis, ie only if you feel you need additional information. For example, as the result of trying a revision kit question.
You are asked for the prepayment as at 31/12/X6. You were not asked for the expense that should be charged for 19X6.
At 31/12/X6, $9000 of rent payments relate to 19X7, so this is the prepayment.
Do a Google search on:
SD 2020 APM ACCA.
Stay away from the ACCA site and you should find what you need.
If you Google ‘Flack Supermarket ACCA’ you will be able to download the answer. Come back to me if there is something there that you do not understand.
Sorry. I’ve had a good search on-line through APM material and I haven’t been able to find it.
1 Yes. C = total consumption irrespective of source of the goods.
2 Yes. Government spending is potentially part of the GDP, but if the government spends in importing products, eg weapons, this does not help domestic wealth and this needs to be removed to get the GDP figure.
In your example if a country has no imports, exports or investment and produces 100 chairs the gdp is 100.
However, if 100 chairs are bought (C) by the population and 30 have been imported (I) gdp is 70.
D = domestic.
A large customer base can be categorised several ways:. It is a strength which leads to opportunities.
Strength: you know the contact details of a large number of customers so it is possible to more easily market to them.But that strength also leads to the opportunity of a successful launch of a new product.
Strength: even if one abandons you, you still have many left. If you had only one or two customers, one leaving could be fatal ie a weakness leading to an increased threat of a large fall in demand.
I don’t see that a large customer base can really be described as a weakness.
If the GDP falls, the population is less well off. All consumption will fall irrespective of whether the goods and services are created domestically or are imported.
However, exports should not be affected as they depend on foreign consumption.
So imports down but exports the same. Therefore, the foreign exchange deficit (current account deficit) will fall.
You are told that market research has concluded that “…an increase in price of 10p per unit will result in a fall in annual demand of 70,000 units.”. I don’t know why you therefore assumed that units sold remained the same when the price increased.
The whole idea of price elasticity of demand is to measure how price affects demand. Usually, as price increases demand decreases. The only time that doesn’t happen is if the goods are such necessities that people will buy the same quantities irrespective of price changes.
With respect to the effectiveness of reward systems, CCM can always be used I think.
If the question information (eg Cuthbert) shows that there are some practical problems eg staff unhappy, then this should be traceable to CCM eg the bonuses are trivial or employees have no ways of influencing them.
If there is no current performance linked reward system in place then CCM is something to aim for.
Yes, If there were no problems it would not be much of an APM question. In APM you are always trying to improve things (PM = performance management) so current problems and their mitigation would almost always be important.
Evaluate = appraise, assess, estimate and value ie to judge something with respect to its worth or significance.
Evaluation must look at both positive and negative influences. Eg to evaluate a new IT system you would have to look at:
+Better information
+Better customer service
-Cost
-Chance of disruptionSo, if a company is considering implementing a VBN you would have to look at the potential benefits.
The recommendations would come after evaluation (eg if the evaluation produced mostly adverse news you would not recommend the proposal. Justification is bound up with this but attempts to achieve a fair balance between the effects. For example, in the IT system you would have to balance cost (hard $) against the benefits (Difficult to estimate $). Justification = your argument for either going for the proposal or rejecting it.
I agree with you. The phrase in the comments does not seem to relate accurately to the requirements.
I don’t quite understand your second query. The requirement states,:
“Prepare briefing notes for the board ….” so seems clear.
Despite what thw answer might say, there is no such thing as a real or nominal GDP. The GDP is an absolute number and is measured in $ (or whatever currency you want).
Nominal, real and inflation are all measured as percentage changes, or rates. The nominal rate is also known as the ‘Money rate’, ie how much the flows of money have increased…but you have to take inflation into account to know how much better off you really are, ie the real rate.
The relationship is:
1 + Nominal rate (or money rate) = (1 + Real rate) x (1 + Inflation rate).
In the example:
Nominal rate = 10%
Inflation rate = 6%So: 1 + 0.1 = (1 + 0.6) x ( 1 + real rate)
1 + real rate = 1.1/1.06 = 1.038
So real rate is 0.038 or 3.8%.
HTH
Thanks. A question is always easier when all the required information is supplied!
