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First of all, thank you very much for all you kindness in posting these videos.
However, as I was studying F2 for ACCA qualifications, I found that there are some syllabus points for F2 that were not covered in the lecture nor were they covered in the notes.
For example, I am on the inventory control chapter (5), on the syllabus B1 a), there were these syllabus points.
Describe the different procedures and
documents necessary for the ordering,
receiving and issuing of materials from
inventoryDescribe the control procedures used to
monitor physical and ‘book’ inventory and
to minimise discrepancies and losses.Interpret the entries and balances in the
material inventory account.Calculate the value of closing inventory and
material issues using LIFO, FIFO and
average methods.Are these points not covered due to the fact that it is unlikely to come up on the exam?
Should I prepare myself for these points too?Thank you again.
We do not claim to cover every single point in the syllabus. What we teach in the lectures is what we teach on courses and is more than enough to be able to pass the exam well 🙂
All of the points you mentioned could obviously be asked in the exam, but the chances of more than 1 or 2 questions in total is remote.
If you watch all of my lectures, and (as we state throughout this website) you purchase a Revision Kit from one of the ACCA approved publishers (and practice every question in the revision kit) then there is no reason why you should not pass the exam with a high mark 🙂
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