[shamsa1992]

but he is a head accountant ?? i did consider him as a key management personnel ??

[shamsa1992]

this is my second attempt, and comparing to Dec. i felt this paper was mush better .. some easy marks were there on risks NPV marketing how to help CEO to implement change .. SFA for both potential option .. and ethical issues and impact of the threat email they received

i really messed up in the last bit about board and GC tho i wrote few points like balance of board and should involvements of other shareholders .

[shamsa1992]

i don’t really think it was required to re calculate the NPV , I wrote points about
– not taking inflation into consideration – cuz fixed costs were consistent.
– he took tax rate consistent over the years which might not be the case in reality .
– discount rate which he used .
– he took the NVP and multiplied it by 6 – inappropriate
– payback calculation was illustrated wrongly . while calculation was right .. might mis lead the management
– project will be financed by loan, there wasn’t any interest cost in the NPV
– i also questioned the was the calculated the contribution % from future sales i guess . i wrote this should be at least based on some historical data .

yea that’s what i remember on NPV. hope got it right 🙂

[shamsa1992]

Same here !
Section B was my Fav.

[shamsa1992]

What you did for the cost of the reminders!
I don’t recall the question

[shamsa1992]

there was a question in Section A ..

Gift of an asset, loss of an asset, transfer assets or assets inherited .

which one DOES NOT qualify for CGT!

[shamsa1992]

Mmmm, you don’t remember anything about the trading loss?

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