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Is backflush accounting likely to come up on the exam;’ as there is information on the Through Put Articles of this nature?
‘Back-flush accounting is a costing short-cut. It relies on businesses having immaterial amounts of work-in-progress and it is therefore particularly suitable for businesses operating just-in-time inventory management.’
Thanks for responding. I will do more practice questions and hope it all sticks. I feel like i covered everything and spend a lot of time trying to understand it all but can get quite confusing sometimes depending on the topic. I may do a question from kit and go through the answer. But just when i think i understand it and move onto another question from same topic it throws me off again.
Im scoring less than 40% in exam so for me I think it’s a mixture of technique and also remembering the individual techniques when it comes to carrying out the questions, as when practicing I can sometimes forget parts of topic by the time I need to start understanding another topic. It’s like my brain gets over loaded.
Do you have tips for remembering the extensive chapters and techniques or does it just boil down to simply practicing, understanding it all and hoping it sticks?