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I have practiced from 2016-17 version of bpp kit.. But i have studied from study text latest version…is that ok ?
Ques 2.. I have checked all past exam papers from acca website… From Year 2016 backwards the question format is really weird and difficult as compared to what we have studied as 2 ques of 20 marks each in section C…. Is there any possibility that that pattern will be repeated again? Or will it be similar to 2017/18 papers ?
The NPV and WACC ques are easier compared to what is there in 2014/15/16 exam papers
Ques3 . in specimen exam que 27, Eq. Annual cost is asked. Ques says that taxation should be ignored. There are two discount rates given ..after tax and before tax.. But before tax rate is used … Why ??? Taxation should be ignored only means we don’t have to calculate tax benefits from maintenance cost ..but in the end ..after tax discount rate should be used no ?
@alikhakar said:
Ques3 . in specimen exam que 27, Eq. Annual cost is asked. Ques says that taxation should be ignored. There are two discount rates given ..after tax and before tax.. But before tax rate is used … Why ??? Taxation should be ignored only means we don’t have to calculate tax benefits from maintenance cost ..but in the end ..after tax discount rate should be used no ?If same condition is given in a big NPV ques., Should we use before tax cost of rate there also ?
The structure of the exam changed a couple of years ago and is now three sections as explained in the syllabus on the ACCA website and in my introductory free lecture to Paper FM. There is no possibility of the format changing in the near future – it will stay the same until at least September 2020.
I no longer have the old BPP Revision Kit, but I think that the 2017/2018 did contain examples of questions under the current exam format. If do then your kit is OK.
If you are watching my free lectures then you do not really need the Study Text because the lectures are a complete free course and cover everything needed to be able to pass the exam. It is the Revision Kit that is vital because question practice is so essential.
If the question says ‘ignore tax’ then you ignore it completely!!!
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