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- June 18, 2012 at 8:41 pm #100069
MIRR means modified internal rate of return. It’s part of P4 syllabus.
June 14, 2012 at 8:07 pm #98687Quite honestly, I had suspected that Watt would try to redeem his image after the dec 2011 diet esp when he published the articles on Benchmarking and Performance Prism. The questions were not difficult to read and understand but there was just too much going on! Yes, there was no MIRR formula in the formula sheet. Firtunately, I looked it up just minutes before entering the exam hall.
BPP really pointed us in the right direction with its tips w.r.t. MIRR, NPV, EVA, comment on a present report . . . but the problem was still time! I wonder what happened to the mart allocation Section A 66 marks, 34 marks for Section B.I just hope they can do something about righting this whole exam when the time for marking come. Honestly, I can’t write this exam again!
June 8, 2012 at 2:14 pm #99063I want to asssume that you are s’posed to find the combinations that will yield the best outcome? If that is the case, you will minimise costs in order to boost profit i.e reduce staffing costs by 2.5 % – 100% – 2.5% = 97,5%, in order to increase contribution by 10% = 100 + 10 = 110% increase.
If you are told to find the worst possible outcome, this means increase staffing costs i.e 100 + 2.5% and contribution will reduce by 90%.
Hope this helps!May 31, 2012 at 8:42 pm #98548There are 2 main tuition houses in Abuja for ACCA – Bratim at central area by national library and finaquest. You can search for their contact details on ACCA website.
May 18, 2012 at 6:40 am #95131Normal SP $11 Contract price $9
Unit cost $6 Unit cost $6
Cont/ unit $5 Cont / unit $3
1st column: 300u/400u (400u x $5) + (300u x $3) =$2900
500u/400u (400u x $5) + (500u x $3) =$3500You continue like this to the end and then you move to the next column i.e. 300u/500u and then it’s pretty much the same as above.
Hope this helps!May 16, 2012 at 12:43 am #96174Yes, there is an aspect of the question i.e. how to work out the labour cost and overhead whereby you have to use learning curve. FYI, it is assumed that you have foundational knowledge on some of these topics from F5 syllabus.
I’d advise that you avail yourself of the worked examples on learning curve by OT for which there are video lectures. that’s what i did!
December 13, 2010 at 6:41 am #74311I think the general problem is that most of us were ready for figure crunching but we were sadly disappointed. However, I found that last june’s BPP mock question was one of those tested. For me, my greatest challenge was actually the q1, all the answers are so interwoven I just can’t help but wonder if I had answered all the questions in one part?!! Otherwisr, it did seem like we were writing a P3 exam, KPI,CSF and emissions . . . God help us all !!!
November 16, 2010 at 9:34 pm #70778Can you pls give us a link for other papers, specifically P5. I’d really appreciate it. You can send a link to me @ tokunboayoola@yahoo.com.
Thanks for your help.
September 4, 2010 at 11:15 am #66850Hi everyone!
Please I need your assistance with P5 study materials. I reside in the US and I have to pay through my nose to order and have the materials delivered from UK. I am willing to buy the materials you used for P5.If you are interested in selling (or otherwise!) pls get in touch.
My addy is tokunboayoola@yahoo.comTanx all!
September 3, 2010 at 5:01 am #64683I just want to appreciate this website for all you are doing to assist us. For those of us in countries where there are no tuition providers or study partners, the video lectures and forum has helped to see us through. I’m glad to say that you helped me surmount the mountain called “P4” (scored a humble 53) and for those who didn’t make it, just hang on there, start afresh and early as there is always something one has missed out and watch out for the examiner’s comments.
Good luck to everyone!June 10, 2010 at 7:07 pm #63535The issue with this paper was that there were areas that we have encountered but the way it was presented in the exa was totally different which actually gives e the jitters!
Q1 is akin to Q17 in BPP fuelitie but what happens to dep siince they are talking of ‘annual surplus cash’?
Q2 option pricing but we have to deterine Pe on the basis of a coupon/ yield rate
Q3 Tranching has never been tested b4
Q4 Issues with deerger
Q5 Forex – netting
Well what can we do but pray for the best!!! - AuthorPosts