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@adeoluomosanya said:
I believe this was a very fair paper. However, time pressures made it almost impossible to answer all questions in detail. Fingers crossed for a 50. P5 left.True! I overran 15 mins on Q1 which I did first as well. So rest of the whole paper under time pressure and almost missed few parts as well!
Good luck for P5!
@alisheikhacca said:
what is a significant component. i wrote that if that asset are more than 15% of group assets. Is it okay???I wrote the same! I also got something 15% So let’s hope its right then!
Sig. Com decided with referral to a benchmark. I also took 15% as benchmark@seancollins14 said:
what was the answer to the due diligence part on question 2?It is for fact finding, to minimise risk to firm.
This was then linked with the second part of that question asking why client due diligence was needed and it was to do with the fact MD in the given scenario had some issues in the past so his integrity needs to be questioned.Is it me who is thinking P2 stuff was mostly examined in Q1 and not used much in other questions?
Or have I dreadfully missed to spot a whole load of standards being relevant in other questions? (I did 3 and 4 optional ones) Omg I hope not! Enough exams!!!!
(Not too good with P2 and hardly passed it too years ago now!)Wow that is superb, very well done indeed Tejot!!
Can I also ask, did you like/ were you good at F7?
I didn’t like it and hence I hate P2 even more!!
I do full time tuition learning (so not used OT much) but my tutor was hopeless and I didn’t get anything really!! So I’m thinking to make a start with OT from now on!I also find it impossible how students are meant to learn such a massive syllabus (well syllabuses by doing 3 papers at a time!!) in just 3 months time!