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It was Ok, but q2 about ABM was NOT worthy of a 25 mark question, it was like as if the examiner had run out of ideas, the ABM part should have been 10 marks at most, and the rest of the 15 should have been some other topics. Maybe something to do with JIT/TQM/Kaizen etc
Waste of a topic and a waste of a question, another syllabus topic could have fit that slot better.
failed with a 45, fourth attempt, clearly a message from the divine, try a different option paper!
@anuj428 said:
Was there enough info on VAR?We weren’t given confidence values, so I don’t think you could apply VAR. Also stdev was given as a %age, not as a figure.
I made I made an error in determining the Pe, also I used t=10, noob mistake.
1,2,3
No one in the hall took q4, afaik.
1- there was negative npv for the project, right? unless I did a booboo… I was lacking in theory. I tried Black scholes, I realise I chose wrong values.
2- marks made no sense. didn’t feel like a proper 25 question. I hated it. I would never have picked it if i had a choice. It should have been limited to a 10-15 question at most, and the rest 5-10 marks on some thing else. waste of a question.
3- Was ok, a bit time stressed. I didn’t solve this properly though 🙁
4- was so excited to see it… then realised there was NO way there was going to be time for this question. This was not an option at all. We are not robots, examiner needs to learn that.
Basically, 1 and 3 were normal questions, 2 was badly formatted, and 4 was badly timed. I chose to save time.
Talking of time… I took ~13 minutes reading the paper, so the new exam timing didn’t save me much time. It’s still a 3 hr paper.
Disappointed with my effort in this exam, I failed 🙁 P4 and P7 left, have failed both twice, at my wits end. What am I missing? Why did I pass all 12 other papers at first (or at most second) attempt, yet these two elude me…
Q1,2,3,4…
5 looked troublesome so ignored it. 😀
In q2, the insurance claim was tricky, because the building had been destroyed due to natural disaster, and most insurance policies do NOT cover so-called “Acts of God”
Therefore I demanded a copy of Insurance policy and any communication with Insurance company, because unless the policy is specifically covering such diverse damages as natural disasters, there is a very high chance there would be no compensation.
IIRC, there was no mention that the company had purchased additional insurance specifically covering natural disasters.
Sadly no good news with either of my two papers, ah well, better luck next time.
Sadly no good news with either of my two papers, ah well, better luck next time.
Passed at *exact* 50!
Thank goodness, I had flunked the damn thing twice!
Passed P1 too.
@ahmedmirza said:
Hello there..I think the investment in Cube was given in the SoFP at value of $6m. What I did was accounted the share of profits of $600,000 ($2m (Post-acqusition R/E) X 30%)
Please let me know if any of you have a different idea.
I think you were supposed to time apportion it for six months also, since the associate was bought in October, and the accounts were made in March.
@harripool said:
Working capital is always reclaimed in the final year as it is no longer required, regardless of whether it was mentionedI didn’t remember that bit 🙁
@jaffarkhan1 said:
Where can the papers uploaded be seen on the ACCA website? link??The link is:https://www2.accaglobal.com/students/acca/exams/f5/past_papers
But sadly for some reason they haven’t uploaded he F5 paper, even though they have uploaded others.
@nebojsha0603 said:Does anyone know when are they gonna publish exam questions?
They do it after 24 hrs, but for some reason, they haven’t! Weird, since they have already uploaded all the other papers, only F5 is remaining
Like everyone else, I also feel this paper was just… Ok. Not hard, but not easy either.
It’s actually weird, I don’t know if I am supposed to worry or relax! 😛
Ah, well, it’s behind me now, onwards to F9!