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Thought the exam was very passable.
My exam technique let me down big time, didn’t get back to 15 marks on question 17!
Still think I passed it though, multiple choice were tricky enough
Very different compared to previous years…
Mcq 1-15 too tricky 30 mrk
Ques 16 -30 mrks
A)audit risk def- 4mrks
B)audit risk n auditors response- 16 mrks
C)ethical threats n recommendation- 10 mrksQues 17- 20 mrks
A) SP on payables n purchase
B)audit program procedures payables n purchse
C)SP on bank balances
D)
E)key audit matters- def, how communitiesQues 18- 20 mrks
A) control activities-10mrks
B) internal control deficiencies n recommndation-10 mrks- Topics: 0
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Think it was 4 marks for 18a and 16 marks for 18b
Was SP on non-current assets part d of q17??
Can’t remember now!! ?
A,D,C,C,D,A,A,B,D,C,D,A,C,B and C from 1 to 15 multiple questions. Kindly confirm if anyone got this.thx
Who can remember the objective question about the duties of an external auditor.
Failed it in Dec attempt.I guess I did worst this session..it was a tough paper:(
The questions were ok, but writing takes very long, I felt that it should have been a 4 hour exam rather than 3 hours 15 mins, so did not finish the last question. I did start it to try and pick some easy marks. So gutted, I hope I did enough to pass.
The mcq on corp govn what was the answer?? Was so misleading..it was about the remuneration of directors..
What dis everyone answer for the inventory related MCQ? You had to select the outcome of the audit report.
Think the options were
Qualified except for
Basis of opinion describe problem
Disclaimer
Add key audit matterIf I remember rightly, I think I chose qualified except for, I did process of elimination, cause it’s not a KAM, cause the auditors were not present during the inventory count, so should have been Other Matter, it can’t be disclaimer cause I didn’t think it’s pervasive
Yes, there was a lot of C’s at the last part of the MCQs.
The hardest for me was question about Key Matters for 5points. Not sure what was supposed to write there?
And what were the substantive procedures for the bank overdraft and saving account for 5points? Couldnt think of 5…i got the following for mcqs
B D B C B A B B B C D B A D C
Pls let me know your answersI hv posted my answer for mcq above. Seems like out of 15 our answers matching for 7 only. So for sure we will get 14 here.:)
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The ACCA F8 exam was manageable but as usual i couldn’t finish on time. I had only ten minutes to go for the last question. I didn’t even read the scenario just had to give some general responses.
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