[Logesh]

Gonna attempt AFM in June. Any tips? Though I’m gonna start my preparations only after this.

[Logesh]

I wrote on Monday. This detail was shared by friend

[Logesh]

SBR Friday Exam

Qn 1
Consolidation adjustment discussion
Share appreciation rights
Treatment of bonds

Qn 2
Ethics and accountings
Crowdfunding

Qn 3
Inventory scenario (how is inventory measured in a politically unstable environment)
Non cancellable agreement
Warranties in politically unstable environment

Qn 4
Addition performance measures 8 mark
EPS 13 marks divided into 2qns
Revenue recognition 4 marks

[Logesh]

Some people say question paper is repeated for week 2 contingency exam. But I’ve never seen it. Better prepare yourself for both scenarios

[Logesh]

I remember now. Actually last 8 Marks about how IPR will be measured is easy. You should have written about Level 1, Level 2 and Level 3 measurements and having to say how all these measurements would be hard to do because it is an Intangible Asset

[Logesh]

Lol. Do you remember anything about Q4?

[Logesh]

What I got was totally different set of questions from others.

Q1: SOFP – Contingent Consideration, Revenue Recognition, Contingent Liability.
Q2: Ethics – 10+2m, Other one – 8m
Q3: Distinction between Income, Gains and Revenue – 3m,
Revenue Recognition – 20m
Q4: Intangible Assets Measurement – 25m

[Logesh]

Week 2: Contingency Exam

Q1 : Relatively easy one
a) Significant influence on Associates
b) Associate to Sun conversion
c) Pre-populated question
d) Initial and Subsequent Lease Accounting

Q2 : Ethics
??

Q3 :
A) Revenue Recognition
Revenue Allocation
Provision on contingent liability – 12
B)?? – 8 Marks
C) Government Grants – 5 Marks

Q4 :
Restructuring Costs – 25 Marks

[Logesh]

In the 2nd Week Contingency PM Exam, Section C is

31 a) Calculate Current Assets, Operating Profit and ROCE Ratios and discuss about performance
b) ROI and Bonus Calculation
c) Consequences of opting for ROI as Bonus parameters
d) ROI of new investment

32 a) Material Price variance, Material Mix Variance, Material Yield Variance
b) Performance of Material Variances for Period 4

A couple of week one MCQs repeated.

If anyone wanted to know.

[Logesh]

Did anyone attend today’s contingency PM Exam?

[Logesh]

10,000 units

[Logesh]

kalpeshcy wrote:Anyone have this questions

Anyone figure out the second one yet?

[Logesh]

Anyone figure out the second one yet?

[Author]

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