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First time pass – 84%
I just read the Kaplan study kit and attempted past papers
Well chuffed – actually expected to get 46% at the very best
—————————-people always say that. No way could you have expected 46 and got 84! But well done on passing…
I passed with 55%
Someone said they’d send me these but unfortunately I haven’t heard anything. However if I get them I can send you them.
I am finding P6 so tough!
<cite>@vamabande said:</cite>
THE INTERNAL CONTROL QUESTION…HOW INTERNAL CONTROLS GUARANTEE QUALITY FINANCIAL REPORTIN.THE QUESTION I THINK WAS LOOKING AT CHARECTERISTICS OF INTERNAL CONTROL THAT MAKES ACCURATE DATA RECORDING AND RELIABLE.
THESE INCLUDE, RELIABILITY,, ACCURACY, TIMELINESS,
Wouldn’t you neewd to be more specific than that. Ie how does internal control help specifically, not the characteristics of sound internal control.
Very vague question I thought.
<cite> @carl29 said:</cite>
i put a bit in where i considered appropriate actions, and described the view from each perspective, deo was wrong as it fails kants first maxim, teleo presented an opportunity for the local community from a utilitarianism perspective, or an opporunity for the co from the egoist. however, i said that bribery goes againt integrity and transparency which was the cos primary concernok fair points
but wasn’t that still part of the press release? I just found it hard putting all that in a press release and making it sound like a press release rather than a thesis (how would newspaper readers know what utilitarianism / deontology are??)
I seem to have obviously misinterpreted that requirement and now I worry it has cost me. Very annoying as I know what deontology / teleology are!
<cite> @pannanikt said:</cite>
There are various possible outcomes, one would be a factory in better place, but the other would be: bribe if once done usually repeats, if you show somebody you are keen to pay you will be forced to do it again and again. It would give the power over the factory in to hands of the foreign official. There was info in scenario the info would leak and it would destroy the reputation, think yourself about other consequences, like contributing to corrupted systemBut surely a consequentialist perspective would be that the bribe was ok if it brought a good end result?
I was led to believe that consequestialist theory is that if the final outcome is positive, the means to get there is irrelevant, thus making the bribe almost acceptable…
Did anyone else find it hard to answer the part about refusing the bribe from deontological and consequentialist perspectives?
Surely deontological meant refusing the bribe was wrong no matter the outcome, whereas consequentialist would mean if the outcome was good the end could justify the means. How could you answer both points without contradicting yourself, and in a press statement?!!!
<cite> @bahram said:</cite>
I got carried away with the press release and forgot to write about the ethical approaches :((I didn’t know what you could write about the consequentionalist approach.
How could you justify paying a bribe in a press release?!
<cite> @saj09 said:</cite>
did anyone run out of things to say or was it just me on some questionsIt’s not just you. I ran out of things to say in some questions.
I forgot some important points as well, like mentioning at least one member of an audit committee should have financial expertise. That was annoying
<cite> @azshahke said:</cite>
I had the same problem connecting the internal controls o strategy… I barely wrote anything on it apart from the definition and one or two random points that I myself could make no sense of.I found that hard as well. Question 1 was tough. I also found it hard to argue the consequentionalist approach about the bribe, as surely this would imply that the bribe could be justified if there was an end benefit?? As it was part of a press release I found that bit hard.
Hopefully I can scrape through as I found question 4 pretty straightforward