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FR*** ACCA F7 June 2018 Exam was.. Instant Poll and comments ***
No I am not sure about my answer. I have been looking all over the internet and my books and cannot find anything in regards to calculating the correct answer.
If anybody knows, please shout
How did you come to your answer?
@mohdafzal said: Overall ... My paper based exam was kind of okay.. I was tested on final accounts with an adjustment on short term leases.. But it mentioned that it was 5 years .. so how is that supposed to be short term.. And anyways i didnt know hw it would affect the balance sheet and profit.. Interpretations was also confusing.. Since i was not getting points on how to comment on performance.. they had provided very less info MCQ were good (as far as those options were available for which i think are correct) Just hoping to pass.. How it was for you all guyzz??
I think 620,000 is correct - looking at the BPP Study Text:
Inventory Sold Value 800,000 *(1.1/1) = 880,000
Selling 1,500,000 *(1.1/1.1) = 1,500,000
1,500,000 - 880,000 = 620,000
MCQ were good (as far as those options were available for which i think are correct)
Section C is disaster for me
Just hoping to pass..
How it was for you all guyzz??
Yes Section C was a disaster for me as well - Was hoping for a nice consolidation question but got the trial balance question :(
Anyone else remember any MCQ's?
This exam paper was okay. It gave a fair chance at success to anyone who was excellently prepared as well as those not excellently, but sufficiently prepared nevertheless.
ws it for sec C?
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