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Forums › ACCA Forums › ACCA FM Financial Management Forums › *** ACCA Paper FM December 2018 Exam was.. Instant Poll and comments ***
Section B was just hell… I just guessed most of the questions there and the risk question was just terrible
I really wanted to get a comfortable mark in this paper because i really need to pass it.. Section A was not that bad even though the questions with multiple answers were many and confusing.. Section C was generally cool even, i had Npv and cash budget. But i unfortunately messed up with a question on cash management and i am really upset about it because it was 8marks.
Which of the following statements about capital market efficiency is/are correct?
(1) Insider information cannot be used to make abnormal gains in a strong form efficient capital market
(2) In a weak form efficient capital market, Ring Co’s share price reacts to new information the day after it is announced
(3) Ring Co’s share price reacts quickly and accurately to newly-released information in a semi-strong form efficient
capital market
A 1 and 2 only
B 1 and 3 only
C 3 only
D 1, 2 and 3
why statement (2) is not correct? thanks
I notice the materials in the notes and lectures are insufficient to help prepare students to pass this paper. The theory part of explaining and understand how and why we do each computation methods is not there and the insufficient use of each method in certain scenario is not given. Based on pass theory exam questions during my study preparation. There weren’t much information to help me answer any of the questions. Which makes me evaluate myself and observe that I only understood the computations but don’t understand why they are used.
