ACCA ETHICS AND PROFESSIONAL SKILLS MODULE unit 7/unit 8

This topic has 69 replies, 37 voices, and was last updated 1 week ago by vanessas9977.

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September 6, 2021 at 3:49 pm #634586
TatendaMawere
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please may you kindly assist with guidance on how you solved the questions
September 6, 2021 at 5:54 pm #634614
Kim Smith
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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
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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
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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
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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
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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
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@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
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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
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@onesadi28 – I suggest you read my advice (in particular) on this thread.
January 11, 2022 at 10:08 pm #645702
vanessas9977
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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.
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