[sobieski]

60% – second try.
Good that the question were more structured than the september exam.
Congrats to all that passed.
Don’t stop pushing for those who failed.

[sobieski]

Q1 a.
1st subsidiary – Dog, however of strategic importance as it supplies intragroup.
2nd subsidiary – Star – grow, finance, wait until market matures and the “milk the cow”!
3rd – Cash Cow – hold, harvest. Inflows to be used to finance star

[sobieski]

gulshahbaz, not everything. I was out of project management. I guess I got maybe 10 out of 32points for part b from Q1.

[sobieski]

gulshahbaz, if you ask me, then the answer is “nope”.
I had 1, 3 and 4.

[sobieski]

Q1:
a. Portfolio Analysis – Boston Consulting Group Matrix – 18 marks
b. Memo on Project management / Financial Appraisal – 32 marks

Q2:
a. Regression analysis – 15 marks
b. Big Data – 10 marks

Q3:
a. Marketing Mix using emarketing – 15 marks
b. e-procurement – 10 marks

Q4:
a. Cultural web – 15 marks
b. Continuing Development / The learning organisation – 5 marks each

I like the new format. Now they don’t mash 3 topics into one question.
It was really straightforward. You just had to study.

[sobieski]

Received the mail at 00:07 GMT 0.
First attempt – 54%.
Thank you, OpenTuition.

[sobieski]

Now the waiting is more intense than the times we waited 3 months to get the results!
I am glad about the introduction of Spring and Fall exam sessions. Now we can focus more on ACCA than the time when there were sessions every half a year. In the meantime you could relax..now, not.

I attended F9. Hope I will get a pass.
Good luck everybody!

[sobieski]

Agree with you.
Leading presumes you have the funds now. However, you can still deposit them at a bank account and get the interest rate, or you should borrow them.
I didn’t even consider leading.

[sobieski]

I messed it up a little…
A just skipped the first question and forgot about it. when revising the questions I realized I skipped it! In the last 10 minutes tried to write anything…however…i think 10 mark are lost.
The question was not so hard, though…
The hardest for me was the 5th..

On the multiple I got:
1. B
2. A
3. A
4. A
5. B
6. D
7. D
8. C
9. C
10. D
11. A
12. A
13. B
14. C
15. A
16. A
17. B
18. B
19. A
20. A

too many “a”s….))

Q 1 – as said above – said only about the semi strong market. skipped the IRR for redeemable debt…calculated the ratio without it..

Q 2 – I got that forward was cheaper… You borrow dollars to buy pesos to put in bank and at the maturity you just pay the supplier.. b) it was about futures (almost confused it with forward) – it is cheaper, can be sold on the market, are not obligatory, though not so flexible….

Q 3 – The discount policy is to be chosen – it brings benefit to the entity. I included the 10% profit margin for the sales volume difference (i guess was 20% increase in credit sales). If you exclude it – it is negative. It wrote that it shall be included, as the competition is fierce and the above profit is opportunity cost if not used…
b) About foreign clients – Wasn’t they asking about credit risk and not fx risk? I wrote that the best was to diminish risk is to ask for advance payments / to have a bank as an intermediary and to get a good credit risk department if the main business is export based.. (if it was about fx, then I’m screwed)

Q 4 – The sales price / cost shall be inflated starting with the first year. Fixed cost not inflated. Included the wacc movement only (no initial balance). Tax calculated on depreciation. Got a positive NPV. I wrote that they must consider maybe a better machine, as the last two years it was working on full capacity (400,000), so maintenance costs could get up as well as maybe some oportunity costs could arrise… anyway, not important.
b) the term just got out of my head ….said “hard and soft limitation of financing” instead of “capital rationing”…hopefully the characteristics are correct and will get some marks..

Q 5 – first started with part b, as wacc is my achilles heel…
part a – “i have no idea what I’m doing”. After I realised I skipped question 1, got panicked don’t remember what i wrote….

Hopefully will get good MCQ and 2 / 3 / 4 right and get the pass rate….

Any other MCQs?

[sobieski]

pass 51%… phew…

[sobieski]

my MCQ choices are below. Started to check in the Study Text, couple of them are incorrect, so I quit… I’ll wait for the results in October 🙂 no stress..

The MCQ were pretty tricky… didn’t like them.
The questions were alright. The 15 points questions were straightforward.
The inheritance tax question was lame as well…

MCQ:
1. B
2. A
3. D
4. C
5. B
6. B
7. D
8. A
9. C
10. A
11.C
12. D
13. D
14. B
15. B

Hope at least 7 are correct 🙂

[Author]

Posts