[Khalid32]

@spottydog Exactly, flipping I spent nearly 15 minutes on that question by coming back and forth but could not get my head around. Besides, the question was under two different Co name. CGU impairment for one company and top part was for another company. Besides, they did not specify which is the new CGU group value. Can’t remember what I choose but I think it might have been 5.5m.

[Khalid32]

What about section B first impairment question? Recoverable amount is higher of fair value less disposal cost and value in use. I choose it as false considering “Recoverable amount is higher of fair value less cost of sales and value in use”. I am still confused whether it’s correct or not.

[Khalid32]

I had these as well. I could not adjust the first note regarding revenue adjustments but rest were somewhat okay. Loved the interpretation question. What’s the goodwill? I can’t recall but it was around 42k or 45k. Also, did you calculate NCI as nci shares*share price at acq?

[Khalid32]

What’s the answer to first Section B question regarding Target costing? I guess the question was, which one of the following is suitable with target costing?

1. Positive Feedback
2. Negative Feedback
3. Feedforward control
4. Double loop feedback

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