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Alhamdoulillah Passed P3 65% first attempt… thanks opentuition I was self studying and the notes and lectures really helped me…
Very hard and different from past paper questions… I am shocked most students voted the paper was OK!
for q1 weaknesses I put
-high overseas borrowing and less turning it into lease revenue maybe lots of bad debts.
– decreasing Car lease
– highly dependent on private sector asset lease than the other sectors
That’s all ? really little text to draw information from and the strategic options I gave for TOWS was a disaster!Very timed limited, i kept writing till the last minute… Question 5 with huge balances all seemed immaterial! I wrote immaterial for 350k misstated depn , immaterial but not trival for the loan to key mgt personnel and material for the provision the 7%! think i got it all wrong!