[loumac]

pass! thanks OT

[loumac]

I also got $8100 – did the question not state that deferred cons was offered per share issued (which was 3 per 5) (not share acquired) ?

[loumac]

passed – 60% ! thank you again OT… just F6&F7 left before the P’s…

[loumac]

i like your logic on that one… my logic said that they were all valid which obviously wasn’t correct so i excluded internet usage policy and segregation of duties and just went for “electronic options”

[loumac]

i think you are right – lets hope its only the answers i misread and not the questions when it comes to exam time… 🙂

[loumac]

its the version 1 sep 15 – 31 aug 2016 question “55 Learning (12/11 amended)”

[loumac]

Hi John, first of all thank you for the brilliant lectures – got me through F9 in september… I am doing F5 in December and have a question for you. I have just completed a mock question in the BPP revision kit which has a question on learning rates – the objective is to calculate the revised lifecycle costs for labour over the two years using the learning rate of 95% with the first unit taking 0.5 hours. The company will produce 100,000 units in year one and 200,000 in year two. My calculations were all correct – however, in the answer page they applied the rate for the first 100 units on year one and year two – but my logic told me that once the learning rate is complete for the first 100 units (in year one) you will not be “learning” how to make the units all over again (in year two). Surely chronological time will not make us forget and have to re-learn how to make the units – for this reason though my answer was different as i applied the average learning rate to a different amount. What would your advice be for such a scenario in the exam? – thank you for your help and i hope my question makes sense…Lou

[loumac]

Pass!!! 55 … second attempt – thank you to the open tuition lectures !

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