Forums › ACCA Forums › ACCA FR Financial Reporting Forums › *** ACCA F7 September 2017 Exam was.. Instant Poll and comments ***
- This topic has 160 replies, 35 voices, and was last updated 7 years ago by hthinhpham.
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- September 5, 2017 at 11:15 pm #405863September 5, 2017 at 11:17 pm #405864
@rajina said:
I selected 1.9 m …
Coz There Is A Case Of 6 months Not Full Year. …
I hope I am Right .I selected 1700 because u have to eliminate current year and current liability elment from non current liability I’m not sure if i am correct but thats how it was done in the past exam
September 6, 2017 at 2:04 am #405872AnonymousInactive- Topics: 0
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Can anybody tell me what is examined in section B? what accounting standards are examined ?
September 6, 2017 at 2:07 am #405873Your memory really good, can tell me the non profit Organization question did u choose 1 and 4 including KPI? The Q1 D you choose is what figure? I remember A is 12500, D is more than 12500 right?
September 6, 2017 at 2:55 am #405874Me too
September 6, 2017 at 4:02 am #405875The ans for not for profit is 2&4 i think cause they are allowed to make surplus. ND yes d was the right ans for the first one.
September 6, 2017 at 4:09 am #405878I selected Historical 360
Current 700
Bcoz I could Get Current Current 420 After Lots Of Working Also I Failed So selected –
Historical 360
Current 700
May be I went Wrong ..
Another Silly Mistake….September 6, 2017 at 4:13 am #405879I picked Unfavourable & Substance Too …
Hope It Went Right….September 6, 2017 at 6:31 am #405883i did not balance in no. 32 though it looked simple. the multiple choices seemed to be easy at first but became complicated and time consuming along the way.Hope I could get at least 15 of them right!
September 6, 2017 at 7:32 am #405893I picked unfavorable and substance too by guessing only…
September 6, 2017 at 7:39 am #405899I forgot to take out the amortization adjustment from the property, plant and equipment in 32q…
I calculated it in the previous page and forgot to adjust in the properties and retained earnings… sillySeptember 6, 2017 at 8:43 am #405905Was the adjusment to pnl 100dr or 100cr in the revaluation mcq?
September 6, 2017 at 9:24 am #405918@jamusuf said:
The ans for not for profit is 2&4 i think cause they are allowed to make surplus. ND yes d was the right ans for the first one.I did the same!
September 6, 2017 at 9:25 am #405919Does anyone know how consolidation question is marked coz i did small silly mistakes in the CSOPF any idea how much marks will be deducted?
September 6, 2017 at 10:48 am #405974I forgot to put ‘000 on my considation.. is it okay?
September 6, 2017 at 11:30 am #405981@jamusuf said:
The ans for not for profit is 2&4 i think cause they are allowed to make surplus. ND yes d was the right ans for the first one.I chose they need to make surplus to survive
Other one I think was last one but don’t remember what it wasSeptember 6, 2017 at 11:32 am #405982@rajina said:
I picked Unfavourable & Substance Too …
Hope It Went Right….I think I don’t remember this q properly
Can u tell me what the q was about
September 6, 2017 at 11:33 am #405983@rajina said:
I selected Historical 360
Current 700
Bcoz I could Get Current Current 420 After Lots Of Working Also I Failed So selected –
Historical 360
Current 700
May be I went Wrong ..
Another Silly Mistake….Actually I checked at current cost u still need to depreciate on same years but new cost
September 6, 2017 at 11:35 am #405985@adam94 said:
Was the adjusment to pnl 100dr or 100cr in the revaluation mcq?I did dr
I think it asked for net amountRevaluation was 200000
Dep was 100000
I thought it would be net amt which will be 200000-100000 which will be added to profit ?September 6, 2017 at 11:40 am #405987Was it just me who massively struggled with question 32 ?
I would say I was very familiar with the CSOFP from the 10 exam papers that are online.
However, to me, most of the elements from yesterday’s exam, had not come up before.I probably came out with no more than 6 or 7 from this question, which means I am relying on Q31 and MCQ’s, to potentially pass.
September 6, 2017 at 11:53 am #405992Dr is expense where as Cr ll be income so therefore 100cr @kanchan
September 6, 2017 at 12:09 pm #405996-Is there anyone that select neither nor for Government Grants (Section B)? I can’t remember the question exactly.
-the question for Contractual Framework: I chose D where it was written about “override”
September 6, 2017 at 12:13 pm #405999I did also 100 cr.
September 6, 2017 at 1:28 pm #406013I guess I did the silly mistake
September 6, 2017 at 1:29 pm #406014@vienly said:
-Is there anyone that select neither nor for Government Grants (Section B)? I can’t remember the question exactly.-the question for Contractual Framework: I chose D where it was written about “override”
I think I chose same with override
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