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The two section C questions I had were on
1 – Transfer Pricing
2 – Incremental and then zero based budgeting.I feel a bit peeved about number 2.
I haven’t looked yet, but I do wonder what percentage of the syllabus compared to 20% of the exam result is Incremental and zero based budgeting?
I know that Open Tuition has a page explaining what they are, on page 45.
I haven’t looked yet, but I will look at the BPP study text book to see how much the ‘approved learning provider’ devotes to this.
Of course the examiner can say that they can test on any area of the syllabus – how convenient – but to me this is a bit like a new word I made up yesterday just after the exam.
The new word I made up is : tractor-copter.
To me it means that I’ve been taught to drive a tractor, and now, I’m being tested on how to fly a helicopter.
In the case of the exam yesterday, it’s like I’ve been taught to drive a tractor and being tested NOT ONLY to fly a helicopter, but ALSO being tested on the centrifugal forces exerted on the nuts and bolts holding the blades of the helicopter in place!
Syllabus content = 0.1%
Exam content =20%(There must be a ratio here? Similar to cost gap?)
Is this fair?
If I didn’t do well in the Transfer Pricing question, then I’m prepared to accept the result.
But to be tested on what appears right now (to me) to be an esoteric syllabus area, and to make it 20% of the exam – well that doesn’t seem fair – to me at least.
Hello Dears, I was also so confused with concert question – I still don’t know why it was so difficult for me. In section C I had make or buy question and ROI/RI one. It was my first exam ever and time pressure was the most terrible factor for me.
Wish us all good luck and thanks so much for all materials shared here.
i got that one as well, but i’m quite sure mine didnt say ‘30% was inventory’ …(or did it?) i struggled with that one. ended up getting 1.3:1
@magdaenavictoria said:
Hello Dears, I was also so confused with concert question – I still don’t know why it was so difficult for me. In section C I had make or buy question and ROI/RI one. It was my first exam ever and time pressure was the most terrible factor for me.Wish us all good luck and thanks so much for all materials shared here.
ACCA examining team bought me a membership in that concert hall. I had this question in my first sitting in December. Was really shocked to see it again yesterday! By itself it is the same as marathon and half-marathon question in BBP revision kit.
@tudd94 said:
My time management was way off 🙁
Section A was OK I guess, I struggled with the payoff table asking you to provide two values that would fit the grid. Section B was fine up until the concert question came up… I got a margin of safety of 85%. Things went a little worse when it was asking to give the profit figures after break even is considered whilst excluding the private booths… I knew the formulae perfectly yet I couldn’t get back to the numbers provided. I had to end up rushing because I spent just over an hour on section A. Section C was crazy, a question on Balanced Scorecard, I knew it had something to do with Kaplan and Norton’s model, sadly I couldn’t remember it with the time pressure. The 16 mark question on Non financial performance measures came as a shock. I put in 2 bullet points with the measures which I thought might be relevant and that was it! The last questions on section C related to expenditure budget (I managed to submit something whilst excluding the depreciation charges as I recalled from an old paper not to include it in expenditures… but I maybe wrong), incremental budgeting and zero based. I managed to write a paragraph under each of the discussion parts but it may not be enough to get a good mark. I was hoping for more calculations but alas the worst came to pass…I put in one disadvantage for incremental budgeting, in that it builds upon past inefficiencies and then I moved onto suggesting using a zero based approach for arriving at better costs, this might have not been in the scope of the question. The last part on zero based budgeting, I could just about describe it but I’m not sure if was enough. Well I’ve learnt a lot from the experience. It would have been easier if they gave me a question on ABC costing or Lifecyle or the topics that I focused my revision on! Even a EMA question would have been a blessing… They should give us noise cancelling headphones, I hated the keyboard bashing noises… kept getting distracted. Oh well, you live and learn, sure I’ll pass it on my next attempt!Exactly the typing sounds really disturbs you and it has definitely somehow costed us few marks n plus I noticed they no longer give us the extra 15 minutes which we used to get in the paper based
I had a very bad experience at my exam centre writing Pm.
i’ve written a mitigating complain in respect of that and i hope ACCA considers cuz i hate to read for pm again.@johnlog said:
I had a very bad experience at my exam centre writing Pm.
i’ve written a mitigating complain in respect of that and i hope ACCA considers cuz i hate to read for pm again.Yes same here in such tough exams you need a peaceful mind to counter the paper. I too had a lot of issues bdw where did you complain?
Regarding Current ratio which was 1,6 and inventory was sold therefore inventory decreases but receivable due to inventory sold increases, therefore ratio should not change. Don’t you think?
I had little time so didn’t finish and Mcq questions waist me a lot of time it was hard i think selecting the best answers
i think it was fair for me though time management was a challenge .
i had the question for balance scorecard so for me to explain and everything took much of my time . and also the ZBB had a lot requirements . i just hope for the best cause this was my first attemptDoes anyone else feel like they are never going to pass this exam?
I failed in March sitting I got 47%
I thought the exam was okay but I didn’t enjoy section C on Transfer pricing at all I have always avoided those questions (whoops)@maria16 said:
is this your second attempt? mine was the first and I was well prepared but now I’m disappointed it was harder than I expected. not the content but managing the time .Actually a fourth attempt .Quite a normal thing with this PM exam.
Well it,s happens with most students you are not alone here.The students who recently the part one(FA,MA,AB) thinks that they will make it easily but what they do not realize is that the difficulty level steps up and scoring 70% and above marks in these exams is a not that much common.With lot of effort you will just pass with 50 and 60%(mostly 50%) and time management will be a big issue here.Yes I am the same, I feel like I knew the content but was so much harder than I ever imagined defiantly a stepping stone! and hard to tell where you actually went wrong when you fail having completed all the questions
Time management is problem in F5 for doing question.I am sad.And quetion is not suit for bpp or opentuition or past exam paper question.it is differ from all((
Hi everyone. In section C I got Incremental vs. Zero based budgeting for Amgold Co and financial and non-financial performance of Binty Co
@d-smith said:
The two section C questions I had were on1 – Transfer Pricing
2 – Incremental and then zero based budgeting.I feel a bit peeved about number 2.
I haven’t looked yet, but I do wonder what percentage of the syllabus compared to 20% of the exam result is Incremental and zero based budgeting?
I know that Open Tuition has a page explaining what they are, on page 45.
I haven’t looked yet, but I will look at the BPP study text book to see how much the ‘approved learning provider’ devotes to this.
Of course the examiner can say that they can test on any area of the syllabus – how convenient – but to me this is a bit like a new word I made up yesterday just after the exam.
The new word I made up is : tractor-copter.
To me it means that I’ve been taught to drive a tractor, and now, I’m being tested on how to fly a helicopter.
In the case of the exam yesterday, it’s like I’ve been taught to drive a tractor and being tested NOT ONLY to fly a helicopter, but ALSO being tested on the centrifugal forces exerted on the nuts and bolts holding the blades of the helicopter in place!
Syllabus content = 0.1%
Exam content =20%(There must be a ratio here? Similar to cost gap?)
Is this fair?
If I didn’t do well in the Transfer Pricing question, then I’m prepared to accept the result.
But to be tested on what appears right now (to me) to be an esoteric syllabus area, and to make it 20% of the exam – well that doesn’t seem fair – to me at least.
You cannot suggest that incremental and zero-based budgeting are 0.1% of the syllabus – that is ridiculous. You will know from the syllabus on the ACCA website, and from our introductory lecture, that the section C questions will always come from the decision making, budgeting and control and/or performance measurement areas of the syllabus. Incremental and zero-based budgeting are fundamental budgeting topics, and you should have seen lots of questions asking about them in your Revision Kit.
Yes – there is one page in our lecture notes, but they are both fully explained in our free lectures and we make it perfectly clear that there is no point in using the notes without watching the lectures. It is in the free lectures that we explain and expand on the lecture notes.
had troubles finishing the paper ,but had a stronghold on section A and B but still failed to answer one question in section C…….quick question do they remove marks for not attempting a whole question?
@jamesb400 said:
had troubles finishing the paper ,but had a stronghold on section A and B but still failed to answer one question in section C…….quick question do they remove marks for not attempting a whole question?No, they won’t remove anything. You may pass this exam on sections A&B only, its 60 marks!
@mulan said:
Hi everyone. In section C I got Incremental vs. Zero based budgeting for Amgold Co and financial and non-financial performance of Binty CoI got the same questions.
@myacca1990 said:
I got the same questions.How did you go through it?
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