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sir i swear to the Almighty GOD , in my paper september 2022 there was a WHOLE section B question on time series from f2 ????? you said they would never do such a thing in your lectures . i even remember question there was a finding the trend value question , a moving average question quarterly , a formula for using spreadsheets but it was to calculate the mean value off the moving average and two theory of seasonal variations and types of trends ???? i thought i was giving PM paper and not f2 ? want something extra they absorbed fixed overheads in per unit basis and not labour hour thats f2 too ? i fail because of that i trusted on your words ? i got 46
I am sorry that you did not pass the exam at this attempt.
However it is made very clear in our lecture notes that time series is now examinable in Paper PM and to look again at the Paper F2 lectures.
As far as the absorbing of overheads is concerned, they can be absorbed on various bases and the relevant one depends on the wording of the question. This has always been the case.
In addition there will have been several questions on time series in your Revision Kit, and we stress throughout that it is essential to have a Revision Kit from one of the ACCA Approved Publishers and to have attempted all of the questions.
