[mauulik]

@mikelittle said:
No, the 2m gain is a affair value adjustment as at date of acquisition and is part of the FV of SNA @DOA

The 2m is therefore notionally added to the land as at date of acquisition

The 1m is a post acquisition increase and should be shown as part of the calculation in working W3 (H’s own + H’s share of S post acq retained …..)

Is that better?

Mike, I really do not get this, how is revaluation gain of 2m + 1m post acq (Land) for the subsidiary become 3m-2m gain/loss and to add to it why is it reduced from the overall Penketh loss on revaluation. i.e solution answer says loss on revaluation of land ( 2200 – (3000-2000) gain for sphere) ? really confusing

[mauulik]

I think acca want to punish students for giving exam in September, this paper simply put was ridiculous. This was my third attempt and even then this seemed harder then all last 3 combined.

13 mcq required calculations which is simply not fair when scenario is half page. they have made it so hard to pass it is beyond belief.

i guess getting all exam fees repeatedly doesn’t seem a bad idea for acca..bloddy awful paper

[mauulik]

i hate it when the question you get completely messed up turns out the easiest one for vast majority. Linear programming yes i am talking about it….i spent at least 10 minutes wondering limited hours are the only scarce resource …..whats the second one ?

and thats it ….ten minutes lost….confidence lost and panicked

now my third attempt on this paper in december…i truly hate performance management

coz it looks so simple …..but just confuses hell out of me in the exam…..god help me

[mauulik]

could you please tell how you solved linear programming constraints and objective? found it real hard

[mauulik]

does any one remember the linear programming constraints ?

[mauulik]

i really fluffed linear programming, payoff table, transfer pricing and variances…..so basically 80% of paper.

i still cannot believe how every one seems to have solved linear programming ? can someone be kind enough to say what were the two scarse resources?

1 was direct labour hours , what was the other one ? and how did you all solve linear programming in general.

i still can’t believe i fluffed linear programming which was my fav topic

[mauulik]

i know the feeling , u summed up exactly what i faced too, it was an horrendous paper for me, too nervous and got a complete blackout and lost interest in answering.

really annoying that acca charge so much for exams are tough and u have to bloddy wait 6 months to them again, in this age they should have an exam every month or 3 months. anyways i am frustrated as well and hopefully will pass next time

[mauulik]

this was a def disaster for me !!! just got so nervous and had complete black out!!! bloody second attempt

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