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I got same questions , one of them was about temp deferrence between recieveable and payable? What was the correct answer?
I had a completely different exam from all of you it seems. I assumed we all got the same exam paper
My section C had
1. SPL/Cash flows/SOCIE
2. Ratio analysis of a Parent and Sub that got disposed called Silva
My paper was a shocker, already know I failed it. I’m gutted cos i studied so much consolidated SFP I could have done it in my sleep then it doesnt even show up in the paper obviously. Same with SFP redrafting
DELETED I added the subsidary instead of removing it, looks like I’m going to fail great!
woodg8 wrote:I had a completely different exam from all of you it seems. I assumed we all got the same exam paper
I had the same section C questions, I too was bowled over with no consolidated SFP and a single entity P&L.
The ratio analysis was quite odd too, since it didn’t require us to restate the P&L without the subsidiary, so had to compare one year with consolidated and one year withoutagboolakenny84 wrote:Same here, I got negative goodwill. Where did you include the negative goodwill.
I adjusted retained earnings
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Omg yes!
I got the same questions for Section C!
I had worked really hard and was 100% confident with the consolidated statements too but urgh unfortunately ended up with SPL/SOCIE/CASH FLOWS and ratios!
I am honestly worried cuz I was not confident about Ratio analysis as much as I was about single entity sofp and consolidated statements.
And I messed up the tiny cash flows part too. Its sad honestlyDid you get profit or loss as the answer for single entity statement of p&l?
Also how did your Section A and B go? 🙂
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