[thomps91]

@lunip said:
So what were we ment to put for the Bid for license by itself and not win it… Is the only thing we can put that there would be a 0.8 chance they would loose the $20m fee?

I think that is right but does it not then need to be extended to say that the expected value (EV) is $16m loss. The other options too should have their EV’s calculated?

[thomps91]

professional scepticism – was on technical updates on ACCA website
audit quality – was on technical updates on ACCA website

No real surprises except for Q5 part a for 8 marks – you needed to know about construction contracts

Any failure will be down to me not putting enough effort in or poor time allocation across the 4 questions

[thomps91]

John, I missed the title of the forum. it was a genuine error rather than an attempt to steal your thunder 🙂

Having apologised I’m relieved to discover that I was correct.

[thomps91]

Q3 of 20X1 is T7
so trend is 400+(10×7)=470
The season variation for Q3 is +10 so the answer is 470+10=480 A

[thomps91]

I passed F4 in June 2013 with 72% and only quoted 4 cases.

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