*** ACCA P5 December 2017 Exam was.. Instant Poll and comments ***

@dskinner83 said:
For question 4 (b) I used the maximax rule for the shareholders since they were risk seeking, and the minimax regret rul for the board as they wanted to minimise the opportunity cost of making the wrong choice.

For part (c) I suggested the option with the highest expected value, but there were some figures that I didn’t use so not sure if I missed something.

I also listed the problems of using expected values as the fact that it is a method best used for actions which are repeated over and over, and the probabilities are hard to estimate. Also the expected value isn’t one which is actually expected to occur.

Part (a) was a bit waffly, but hopefully it was enough to get a pass on this question.

Hi Deborah,
I also did the exact same. I also didn’t use that material pricing since it was not relevant. Hope for the best for us all …. 🙂

@tayyabom said:
Did anyone compare reconsider their pass chances after seeing the Sep/Dec 2017 exam paper?

Hi Muhammad, I have just seem and considered the Sep questions!! I can say I definatley saved approx £130 by not sitting in Sep 17. The Sep questions were not the usual type!

How about you?

How’s is everyone doing ahead of results on just over a week?

Well done to all those who passed. For those that didn’t keep going.