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Yes it was which made me check my calculation several times,,, stupid things like this waste your time lol
Hey guys, i’m feeling so low, i really dont want to retake.
I thought Q1 was okish apart from part C, D. I had FX exchange loss for both Net Assets and G/will.
SEction B is load of shi*** what sort of crap are they playing at…confusing
Q5 NPV- My approach was: First the question states that for each year there are expected probabilities relating to the 3 types of the product.
So for each year I used the percentage given (expected values) to calculate the type of goods and then calcutated the sales and conversion costs that relate to that specific good.
The Fixed cost was easy, I just used the range of sales unit and used the relevant fixed costs.
NPV in part a was negative so I would reject the project.
NPV into the future with sales being at 450 units which was the same as year 4. In this case all I did was take the same Cash flow after tax as year 4 and just used rhe year 5 Discount factor which made the NPV positive. Therefore accept the project.
Finally passed after restarting ACCA exams after 5 years and I think its harder now with mcq’s !!! No need for mcq’s ,,rubbish idea
Firstly use kaplan eam kit since they pick out all relevant past exam questions, where as BPP contains too many unneccessary questions.
Use last 4 exam papers and you will notice similar questions such on Ethics (eg self interest threat etc),
Another common question is where you have to “Audit risks and Response”. For this question its 80% common sense answer than text book,,,just read few past questions and you will notice the answers are common sense.
Basically past papers will give you a good 60% revision and the rest is from exam kit practice