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Didn’t think the exam was time pressured at all. The first adjustment and trading profit and follow on meant that question 1 shouldn’t really take 54 mins so I had a bit of time to spare on the others. I agree the format was different. You essentially needed a rounded knowledge of everything. A lot of which was taken from the technical articles. If you didn’t read these you would have found it difficult. Overall a fair paper if you didn’t question spot when revising. Looking back I made a few mistakes and claimed capital allowances on integral parts of buildings rather than furnites etc. but under time pressure easy to make these mistakes. As for missing out question on VAT I wouldn’t worry you could still pass, I missed out a whole section of my geography GCSE Years ago and did 2 instead of 3 questions and still got a A grade. I’m sure you’ll be fine
<cite>@mojojojo013 said:</cite>
Right ! Causation and Bribery !! Because letting students pass is too mainstream. 🙁Bribery was new to the syllabus and hasn’t appeared and was in an article on the acca website recently so so was obvious to come up. You should have studied it. Easy 10 marks.
<cite> @meaurement said:</cite>
For Q3 exchange rate, once the borrowed Euros (€489,000 approx) had been converted to $ using the spot rate, did the question state a $ deposit rate in order to earn interest? I don’t remember seeing one.
Could someone please clarify this, I’m very nervous, think I may have failed, gutted!!!!There were 2 rates. The deposit would earn interest that needed adding on to the final figure. And the other rate you would b charged interest on. I wouldn’t worry to much. I didn’t get it first time out hopefully have passed this time around. Did anyone else get 11.25% for Wacc. Easy exam u thought. When will the answers be up. Which options did everyone say we’re worthwhile in the last valuation q? Also measurement I wouldn’t worry you prob only lost 1 mark : )