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Q3 was a killer. Organisation reconstruction and business valuation all rolled into one! 😐
Yeah, i used inflation to calculate future spot rate – couldnt find an alternative!
Transfer pricing is examinable in the context of MNCs and blocked funds and has also featured in some past exam papers as well.
Refer to syllabus guide Section B, point 2. (a)(ii)
I’ve been exempted from all papers within the F level. As such, from the P papers, the easiest for me has been P1 and the toughest P4 !!!
2-3 sentences in a paragraph – one paragraph for each point you make. answers for Q1 are lengthy so use sub-headings to make it pleasing to the eyes of the examiner. And don’t worry, even the best of candidates feel pressured for time! The exams are purposely designed as such in order to test student technique. An efficient answer is one that does not repeat the same points again and again. Just for the record, I got 61% in June 2013 exam and I left quite a few blanks! All the best 🙂