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Hi
Just to check, are there any disadvantage of not converting to ACCA member? Will employers question why we are not taking the membership?
I have become an affiliate and have no plan to pay my annual subscription anymore. Thanks in advance.
Can any kind soul share what are the IFRS/IAS that came out & what is question 4 about,and Q1 is on SOFP or P/L?Thanks.
@johnmoffat said:
Where did you read this?its in the study guide for the 3 hr modules… it wrote that u can immediately write your answers ..
first attempt 53% expected much higher marks,but i will gladly take this result.thanks opentuition team
@ehsanshah said:
Guys what was your NPV??? Was it Positive ? Number starting with 9 something? lolyes 93000,around there
@misschile100 said:
I hope so too!!
What was your market value debt to equity gearing ratio?38.5%
@misschile100 said:
Yes I wrote about capital rationing and I think my WACC also reduced to 11% too after the loan note issue!hooray!hope it is the right answer.
@ehsanshah said:
For last question I calculated WACC before taking in account issue of new finance.. than I calculated taking it into account..what you guys did?
yes same but i got WACC intially 11.4%,after the new loan notes 11%,then talk about M&M….Q4b are they asking about capital rationing?
was suprised & disappointed q3 is not consol….but when i saw published accounts,im not suprised that it will be hard…MCQ was harder than june paper
@johnmoffat said:
But the question you typed actual says:Dr Production overhead
Cr Profit or loss accountThey are crediting profit or loss account which is like income – i.e. the actual hours (and therefore the amount absorbed) is less that the budget hours (and therefore the amount budgeted).
ok sir,i understood.Thanks!
@johnmoffat said:
Because the question says that they are crediting the Profit or Loss (not they are debiting it).But in the P/L T-account is’nt it a debit?And if it is a debit ,should it be an expense(over absorption)?
@charlieB said:
Is the 15 minutes reading time included in the 2 hour exam or excluded
We got 15 mins reading in Croker but it was included in the 2 hours – thanksthere’s no reading time for 2 hours paper,u can just write in answer booklet straight away
@andrewmc said:
For sure I’ll be re-sitting.I thought it was a really hard and fairly unfair paper.
They made consolidation a 15 mark question and then put a TB for the 30 mark question.
Why? I mean, I understand they have to make the paper challenging, but that’s just screwing over people who studied hard and honestly.
The ratio question I had absolutely no clue what to do.
Best of luck to all of you all!
Q3 is really ridiculous,1st time in my life i have saw something called ‘lease premium’.