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Jbasir, don’t lose hope. I would advise question practise. Don’t waste time on trying to read and learn text as application is more important and question practice will help. Since you’ve done the text already I would advise look at the topics which you are uncomfortable with and spend 2-3 days to make notes for each of those topics and go through before you cover the questions for those area. All the best for your next attempt.
Answer was 75%, the 1st ten units took 120 hrs, so 12 hrs per unit and then 150 hrs additional for the next 30 units so 40 units took 270 hrs = 6.75 hrs, 6.75/12 gives you .5625 which you then need to do a 2 root of .5625, which will give you 75%
CBE has 110 marks instead of 100, 10 marks are hidden so you don’t know which questions are not marked, it gets quite difficult to finish the whole paper, the time allowed if 3 hrs 20 minutes though, but still not enough as you are doing your working hand written on paper and then typing the same on computer, so you have a tendency to lose around 10-15 minutes in this. I managed to attempt 95 marks out of 110, thats 85 out of 100. So hoping for the best.
Melissa, for Corp Tax. the chargeable period is called a CAP, it is not relevant to the tax yr, the tax yr runs from april to mar, the CAP is normally made up of 12 months and can start and end at any time during the year, sometimes the CAP can be short or long depending if the business is commencing or ceasing.
