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ACCA ETHICS AND PROFESSIONAL SKILLS MODULE unit 7/unit 8

Forums › Ask ACCA Tutor Forums › ACCA Ethics and Professional Skills Module › ACCA ETHICS AND PROFESSIONAL SKILLS MODULE unit 7/unit 8

  • This topic has 107 replies, 60 voices, and was last updated 2 months ago by Kim Smith.
Viewing 25 posts - 51 through 75 (of 108 total)
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  • Author
    Posts
  • May 15, 2021 at 4:43 pm #620679
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    You merely restate what I have been saying in my posts – and thank you for NOT posting the answers as I would have to delete them 🙂

    May 28, 2021 at 3:06 pm #622057
    MPF2016
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    Would you help me please solve this problem unit 8.8 as 6 strategic options for find net profit.

    May 28, 2021 at 3:59 pm #622063
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    You’ve found the right thread – you just need to read and digest the posts.

    July 3, 2021 at 4:08 am #626864
    diksha2108
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    Hi DELETED

    July 3, 2021 at 8:47 am #626879
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    @diksha2108 – please REFLECT on the ethics of your post – or the irony of such a post on the EPSM forum. If you take a few minutes to read to posts on this or related threads you will see that the final assessment is quite doable.

    July 28, 2021 at 8:06 am #629635
    kambe
    Member
    • Topics: 0
    • Replies: 3
    • ☆

    All questions require the impact on net profit post change. Does it mean the difference between the calculated profit and the profit being calculated for each strategy

    July 28, 2021 at 1:25 pm #629674
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    In short – yes – if you read through my posts on this thread you should get the gist.

    July 30, 2021 at 10:38 am #629850
    561bart
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Good day, I am struggling with question 1. calculate the forecast net profit of Telford Engineering post exit (after MEXIT) assuming all staff who resign are replaced to the nearest $M‘000.
    Especially (Assumption 9). Is it necessary to consider the effect of inflation on wages?

    July 30, 2021 at 11:52 am #629856
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    @561bart – welcome to this forum! I think you will find helpful hints if you read through the comments on this post.

    September 6, 2021 at 3:49 pm #634586
    TatendaMawere
    Member
    • Topics: 0
    • Replies: 2
    • ☆

    please may you kindly assist with guidance on how you solved the questions

    September 6, 2021 at 5:54 pm #634614
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    I suggest you read through the posts on this thread. (This is the top of the 3rd of 3 pages of posts.)

    October 1, 2021 at 11:17 pm #636845
    tsemanchun
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    I have struggled with getting the correct answers to these question even though they are actually quite simple so this could be the one of the common error.

    The question is actually just the EFFECT as in ‘ONLY the CHANGE’ in net profit after MEXIT. (I previously added 100 of the net profit to my calculation, which was wrong.)

    Hope this helps.

    October 19, 2021 at 10:09 pm #638549
    lucfleur
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Hi, please would you be so nice and help me with the MEXIT case study?

    October 20, 2021 at 6:23 am #638558
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    All the advice you should need is in this thread – please read the posts before yours – perhaps start at the beginning and note all the ‘tips’.

    October 25, 2021 at 4:08 pm #639072
    acca18taolo
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    With this insight on how to answer the questions, I managed to get only two correct 4&5.
    Can anyone explain more on how to get answers for the remaining ones

    October 25, 2021 at 4:49 pm #639085
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    @acca18taolo – this is the 3rd page of posts on the subject – you should find sufficient insights if you start at the beginning:

    https://opentuition.com/topic/acca-ethics-and-professional-skills-module-unit-7-unit-8-2
    https://opentuition.com/topic/acca-ethics-and-professional-skills-module-unit-7-unit-8-2/page/2

    I suggest other students have found the 2nd page most useful.

    December 17, 2021 at 3:06 pm #644464
    tjrampersad
    Participant
    • Topics: 2
    • Replies: 10
    • ☆

    I must say this module gave me a lot of distress over the past few days. After reading @shabaz94 comment it became quite clear to complete this morning. Thank you!!
    If anyone requires additional help please feel free to refer to his comment or contact me.

    December 17, 2021 at 3:10 pm #644465
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    @onesadi28 – I suggest you read my advice (in particular) on this thread.

    January 11, 2022 at 10:08 pm #645702
    vanessas9977
    Member
    • Topics: 0
    • Replies: 3
    • ☆

    Thanks so much! Nik’s answer on page 2 was super helpful and I was able to pass with 50% 🙂 I also recommend focusing on questions 3,4 and 5 as they are very easy – just calculate the change as stated in the question. Focus on the After MEXIT column and compare your answer – the net profit that you got after making the changes as instructed in the question to the original after MEXIT profit. This will be the final answer. I hope I was able to help without violating any ethical rules.

    March 6, 2022 at 8:10 am #649960
    jycong1202
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Hi, im stuck at unit 8 and im was nog understand. Could you please assist me?

    March 6, 2022 at 10:09 am #649967
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    @jycong1202 welcome to my forum. If you please READ my posts on this thread you should find sufficient guidance.

    March 24, 2022 at 6:30 am #651772
    trollatron786
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    I have to thank all the commenters and answers and prompters in this thread for helping me complete Unit 8.
    Have a great day everyone

    May 7, 2022 at 9:42 pm #655132
    KEMILSHAH
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    Data analysis and manipulation – test
    Screen 2 of 5
    What would the predicted ticket sales with the following data:

    Distance from capital Population Ticket barrier Demographic profile of town Predicted sales
    150 15000 30000 3 ???

    DELETED

    May 7, 2022 at 10:36 pm #655133
    Kim Smith
    Keymaster
    • Topics: 133
    • Replies: 8301
    • ☆☆☆☆☆

    @KEMILSHAH see https://opentuition.com/topic/ethics-and-professional-skills-module-unit-7

    January 2, 2023 at 11:16 am #675296
    guyver101
    Participant
    • Topics: 33
    • Replies: 28
    • ☆☆

    I think the wording in the question (unit 8: analysing the financial impact of the six strategic options) is somewhat ambiguous.

    The question wants you to calculate the DIFFERENCE to the Net Profit after each of the six changes, and not the new net profit.

    Even with English as my first language I think its poorly worded, so I think it must be pretty unclear for some who have English as a 2nd or 3rd language. Hope this helps

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