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*** ACCA P7 September 2017 Exam was.. Instant Poll and comments ***

Forums › ACCA Forums › ACCA AAA Advanced Audit and Assurance Forums › *** ACCA P7 September 2017 Exam was.. Instant Poll and comments ***

  • This topic has 84 replies, 47 voices, and was last updated 7 years ago by padi12.
Viewing 10 posts - 76 through 85 (of 85 total)
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  • Author
    Posts
  • September 6, 2017 at 5:00 pm #406089
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 69
    • ☆☆

    regarding the comment about mean markers and scores of 49% earlier…

    as someone who has previously marked, this is simply not true and spreads a very negative and false message. Anyone getting 49 has been checked multiple times, and if a marker believes a 49 deserved a pass then no doubt an extra mark would be found if at all possible.

    A well practised student, with nothing better than mediocre audit and accounting technical knowledge, can score 55-60 on any P7 sitting. As I have said numerous times, for an exam that sets essentially the same questions every sitting, it is all about technique to maximise the return on whatever technical knowledge you have.

    September 6, 2017 at 5:02 pm #406092
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 69
    • ☆☆

    @dianaspb said:
    Technical articles and trainee emphasys the importance to undestand this defference. Procedure – action, evidence – result of action.

    At the recent tutor conference I asked the P7 (and F8) examiner about this and was told it doesn’t matter (which it never has).

    September 6, 2017 at 5:05 pm #406098
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 69
    • ☆☆

    @krazzy said:
    Niche business. Adults only.
    Luxury business. Economic Recession ultimate hit.
    Farland; political instability.
    Hotel Complex – Prohibition of usage.

    I wrote them four. Because there were 10 marks. So 5 were enough. 2 mark each.

    Business risks rarely attract 2 marks, typically up to 1.5 (and that is if they are explained in decent depth). Audit risks and risks of material misstatement can get up to 2 marks, but not business risks.

    September 7, 2017 at 11:19 am #406374
    sssymba
    Member
    • Topics: 1
    • Replies: 22
    • ☆

    @raoul7370 said:
    regarding the comment about mean markers and scores of 49% earlier…

    as someone who has previously marked, this is simply not true and spreads a very negative and false message. Anyone getting 49 has been checked multiple times, and if a marker believes a 49 deserved a pass then no doubt an extra mark would be found if at all possible.

    A well practised student, with nothing better than mediocre audit and accounting technical knowledge, can score 55-60 on any P7 sitting. As I have said numerous times, for an exam that sets essentially the same questions every sitting, it is all about technique to maximise the return on whatever technical knowledge you have.

    I know what you are saying, but I’d rather fail with 30% than 49%, it’s just heartbreaking…

    September 7, 2017 at 4:42 pm #406438
    Duc Hung
    Member
    • Topics: 14
    • Replies: 66
    • ☆☆

    @sssymba said:
    I like your point about ”unlimited” food and drink 🙂 what if some guests eat the hotel out of food? will definitely put a smile on examiners face 🙂 but I suppose it is a valid risk.

    I mentioned this risk too. Said something like if cost control was not good, this “unlimited” business model might be loss-making.

    September 8, 2017 at 9:05 pm #406881
    Rashid
    Member
    • Topics: 1
    • Replies: 10
    • ☆

    This is really a very time pressure paper, ACCA should increase time of specially optional papers, it is not manageable paper in 3h and 15m. ACCA should increase P7 time by half an hour.

    Good luck to every one.

    Rashid

    September 12, 2017 at 10:12 am #407303
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 1
    • ☆

    The exam was ok, but time pressured which made me not to answer all the questions especially that question 1 demands that you go through several times

    September 12, 2017 at 11:29 am #407311
    sssymba
    Member
    • Topics: 1
    • Replies: 22
    • ☆

    @babybupe said:
    The exam was ok, but time pressured which made me not to answer all the questions especially that question 1 demands that you go through several times

    I agree, exam questions were ok, but if I don’t pass it’s going to be purely because of my time management, which was brutal…like many others, I got carried away with Q1 and Q2 leaving only 40min to answer other 2 questions, which should be approx. 40min for each question. Well, at least if I have to re-sit, I’ll only have to practice on time management 🙂

    September 12, 2017 at 1:58 pm #407335
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 69
    • ☆☆

    @sssymba said:
    I know what you are saying, but I’d rather fail with 30% than 49%, it’s just heartbreaking…

    I totally understand that.

    September 22, 2017 at 3:13 pm #408361
    padi12
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    The exam is time pressured but was able to answer most of the questions. Hope I pass.

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