[nbhutia]

Hi,
I had the same issue to be honest and Acca said the same to me. It was my first accounting job and worked there for 1.8 years and then was forced to resign. The shocking true that I raised concerns (whistle blown) to very seniors as I was being asked to do things that were not correct and this is in the UK shockingly. They tried to make me redundant but called me back so I can’t claim. After they put all sorts of allegations and accusations against me and forced me to resign. Now I do not have any references or my per signed-off. It’s really unfair as I tried to do the right thing which we get taught in acca but everything just went against me. I even had all the evidence and gave it to seniors who is chartered accountant and chair man but they were defending. Nobody even spoke to me at work and there isn’t an HR department as it’s such a small organisation for them to sign it.

The HR might be able to sign it?

[nbhutia]

Ohhh thank so much for explaining this.

[nbhutia]

Hi,

Thank you for explaining. I will watch your lecture of MM as I struggled to understand it.

Thanks ?

[nbhutia]

Hi Sir,

Please ignore my previous question, the post above.

I was not thinking, It was needed for free cash flow as df. As the valuation was supposed to be based on free cash flow.

Sorry!

[nbhutia]

I had exact same problem. Ran out of time couldn’t finish the exam. I did the multiple choice in 30 mins which I thought was okay but then the long questions came. All the scenario were soooo long!!?

[nbhutia]

Ohh I didn’t think that far, it makes sense now. Thank you soooo much Sir!

[nbhutia]

Ohh now I understand.

Thank you for explaining sir.

[nbhutia]

Gutted failed PM with 42% as I left full 20 mark question on risk and uncertainty. I even asked the lecture 2days prior if it was possible for it to come up on a section C question and he clearly told me yes but I still messed up as I just struggled to understand it.

Same happened with FM got 46% yet again had risk and uncertainty for a 8mark question. So sad

[nbhutia]

Hi Kim,

I was wondering are you allowed to use your own use your own calculator and scrap paper?

[nbhutia]

Acca should give us the results for the multiple choice immediately so we have enough time to prepare to resit. Looks like I’m going to have to go through the text book again.

[nbhutia]

The multiple choice were so difficult. It was all about p/e business valuation and foreign currency ? section C was profitability index risk,uncertainty and investment projects. Gutted

[nbhutia]

So sad the multiple choice where okay but the section C probability quest was a disaster.

[nbhutia]

Now I understand, thank you so much for explaining sir.

[nbhutia]

Ohh yeah…silly me! I was tapping it wrong on the calculator that’s why I was get a different figure hence why I assumed it had something to do with the discount maybe.

Now I understand that the bulk discount would be a saving and the and the additional average units increase compared to old policy would lead to increase cost in holding and having more units ordered due to taking up the discount would lead to using the overdraft to purchase those.

It all makes sense now!

Thanks a lot sir!

[nbhutia]

Hi,
Ohhhh now I understand.
I have watched the lecture twice and even read acca technical article but it was a while ago it was just one of the topics I struggled to understand but thank you so much for explaining.

[nbhutia]

Yes that’s the question. It does cost £80 for labour £20 per labour so you’re right product Y takes 4 hours and X takes 6hrs. I understand now but are they using lost contribution of the labour because the question asks use the opportunity cost approached and labour is limited but was only wondering why is would minimum transfer price be £750? I understand that for division A it would be £750 but for division B it would be £700 as they could purchase it externally for that.
The question doesn’t specify if it’s wants min transfer price for div A or B.?

[nbhutia]

Oh yeah never thought of that.
Yeah I think I need to watch the lectures again.

Thank you sir.

[nbhutia]

I was so confused what to do with section c working capital with inflation of 3%

[nbhutia]

Hi

I believe its 14000x df which is 3.993-1st year df 0.926= df of 3.067

14000* 3.067= £42938
20000/0.08x df 0.681= 170250

42938+170250-120000= 93188 approx 93000
20,000 perpetuity starts in year 5 I believe.
year 2-5 less yr 1 annuity

[nbhutia]

Okay thank you for making it clear sir.

[nbhutia]

The exam was so difficult! Nothing what I expected!!! Ohh there were so many questions on benefits 🙁
What happened with medical insurance was it taxable!

[nbhutia]

Thank you very much sir.

[nbhutia]

To calulate emission..
205-95/5=22% ADD 14% not 12. You always have to add 14% if emmision is over 95g. It’s shown on rates and allwance table. The max percentage ever allowed is 37% all together. Hope that helps a bit. Ohh the 12 % that you have got is cuz it’s an old rate as I believe your doing an old exam it is 14 %instead now

[nbhutia]

Okay Thank you sir.

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