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Just to clarify the paper vs CBE situation, the first two session based CBEs sittings in Sept & Dec 16 were replicas of the papers based exams. However, from the March 17 sitting, all CBEs take their questions from a pool of questions, so you’re not even answering the same questions as the person sitting next to you, never mind the paper exam.
I took my F9 exam at 1.30pm in the UK, so this is to prevent someone getting a quick heads up from a mate who took the paper exam at 10am. Having said that, it looks like my section C questions were the same as the paper exam (working cap & NPV) but someone else at my centre had a WACC section C question. I barely recongnise any of the MCQs you guys are talking about – I did have the Isalmic finance question though (answer: musharakah).
From March setting CBEers also had to answer 5 extra MCQs but these marks don’t count towards the result and you don’t know which ones they are, so our exam effectively had 110 marks. ACCA’s explanation for this is to make sure everyone gets a fair exam but if someone can explain the logic behind this, that would be appreciated!
I thought section A MCQs were in general fairly straightforward. Some section B MCQs were challenging, but also some easy marks to be had.
Section C, Q31 is type of question everyone should have practiced – slight variant on self employed vs incorporating.
Q32 and 33 seemed similar standard to those in specimen and past papers although there were a lot of capital allowance calculations!