AA*** ACCA F8 March 2017 Exam was.. Instant Poll and comments ***

okay

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 mrks Ques 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 communities Ques 18- 20 mrks A) control activities-10mrks B) internal control deficiencies n recommndation-10 mrks

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!! ?

It was Directors remuneration!!

OT answers of mine Q no.9 to 14 was C and 15 B

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

If you can remember the answers for each option, will be more preferable.

Do not remember. :)

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..

I said the same thing!

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 matter

If 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...

A

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 answers

I 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.:)

How different is the CBE exam from the paper based exam questions?

I got the following C,D,B,C,D,A,D,B,B,A,A,A,C,A,D

i had a lot of D's :(

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.

I thought some of the multiple choice questions were really tricky, not particularly nice wording. Had a lot to write on the 3 written questions - but we'll see if the examiner liked my points!

wots the asnwer for the first question ? is it b?

remember the answers for each option? i dont remember the options ..

"How different is the CBE exam from the paper based exam questions?" Totally different looking at the comments I'm reading. Cannot remember seeing an Audit risk question. Remember Key Audit matters question and Corporate governance questions though. My mouse stopped working about 3 times during exam and I had to move desk :(

@gssverdi .. do u remember the answers for corporate governance questions?

@fathikhaleel I wrote something in regards to the CEO taking over as the Chairman which would invest too much power in the person. Also the Finance Director sits on the audit committee but the audit committee should only consist of NED's no?