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My first attempt at SBL and I must say it was quite difficult.
Time management was an issue for me in this exam as I only had 20 minutes for question 3, 10 of those minutes were spent staring at the question trying to understand what it was asking.
1a) I spent too much time on question 1, I felt like I couldn’t use any particular model for this question (correct me if i’m wrong). I was cross examining the Sales Directors strategy (Exhibit 2) and the Annual Report (Exhibit 1), looking at ways that his strategy would fulfill the ains of the business. The aims being – Continue to supply highy quality chocolate and performing key factors of performance excellence. I felt my answers were vague.
1b) Stratgeic analysis using quant and non-quant data. Found it difficult to pull together financial data as the data sheet was very limited. I worked around the figures of labour hours and the increased % of sales orders from BB over Exsilor. Recommended BB – due to long standing relationship, enhanced customer relations, still sell under own brand, the assurance that BB gave that the roll out would go to all stores etc.
2a) Can’t remember the question exactly but it was to do with the risk register and how it impacts the business and any recomendations to mitigate the impact.
2b) various small questions on identify the risk, assess and recomendations on controls. I used TARA and two controls I used were supervision and organisation from SPAMSOAP internal controls model.
3) I just put pen to paper and wrote if they have done what they claimed in the board meeting etc and if it ticks the boxes of Baldridge performance excellence.
This was nothing like the September 2018 paper or any of the questions provided in the Kaplan exam kit. Majority of the questions were based on the conceptual framework and exposure drafts. The deferred tax question at the end was totally unexpected!
Hi Kim
Thanks for your quick response.
Do you know If I were to ring ACCA directly, would it be possible to move them exam to September?
I am so relieved now, knowing the revision will not be wasted as I spent money on Kaplan books that say they are for the June 2018 sitting. Would much differ in terms of topics or new things being introduced which might make one buy another book for SBR?
Thanks
Manny
