Forum Replies Created
- Posts
Yeah was tough for 16 marks, I just wrote about the subjectivity of surveys and samples etc
The indicators on economy and efficiency were a bit of a nightmare
@camM2214 yes I have the answer as zero based budgeting as it was a public services company and the research activities could all be put as a decision package
Yes got the same, wasnt a bad question at all. The margin of Safety was definetly 4%.
Fixed costs / Weighted CS ratio gave a sales revenue of around £2,4 mill, total revenue was 2.5 mill so around 4%
Nothing on divisional performance or transfer pricing at all.
Seemed like a lot of longish calculations and time was tight but should have scraped a pass
65. Thought I did better but happy. PM left now at this level. Thanks open Tuition
Also was the £3,000 gift to her daughter, class as normal expenditure or did she use up her annual allowance?
Very different to past papers. What figure do you use for the chargeable gain when gifiting the house? and the value of cost of the 7500 shares in the takeover.
Maybe at best scraped a pass, fingers crossed. A lot harder than last papers especially VAT and CGT.
I chose both as marketing has nothing to do with the prep of financial statements
Think it went well, ratios was a good one to get and a lot of substantive procedures. Fingers crossed