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Could you please tell me what is the meaning and significance of the following line, how should we interpret it?
“. Mike Wilson did comment that the ‘full-time administrative staff seem to be under increasing pressure’.’ It is from December 2009 paper p3 question 1 case study.
Also, in your opinion, have P3 exams got harder over the recent sittings? Looking at Dec 2009, P3 was so easy then, and looking at Dec 2013 P3 has, in my opinion, got so difficult, so what’s your opinion? And what do you think, will Dec 2014 be an easy exam or a hard exam? Is there standardization (in ACCA’s values, in terms of difficulty between the exam sittings or is it that if you are unlucky you get one siting very difficult and if you are lucky you get the other sitting very easy or is there standardization in the P3 papers?) I feel usually that December P3 exams are relatively easier than their June counterparts, but maybe that’s just me being paranoid. Please make this clear.
The answer suggests that: “…they are finding it increasingly difficult to manage the payment of suppliers and the chasing of customer payments. Increased efficiencies in this area appear to be on offer to any company that acquires Ecoba. ”
I think that’s all. If admin staff are under a lot of pressure their work will suffer (collecting receivables and paying payables). Any acquirer might be able to improve that.
I don’t think the exams have become harder and there seems little difference in pass rates over its history. It has changed, of course, because of the F5 and F9 content.
I don’t think that there is a reliable June/Dec pattern.
I just read a comment made about the F5 and F9 content, what does this mean?
I have studied the lectures and have finished the revision lectures today and hoping to do more questions leading up to the exam… can you confirm whether this should cover it all? or has there been added info from F5 and F9 which I may need to re-look at?
Thanks
JemmaThere has, for some years, been substantial F5 and F9 content in P3. You can see details in the syllabus and in recent exam papers. The P3 studio lectures (about the last 6) revise this material as do note chapters 26 to 30 and the slides. You can also look at this article:
https://opentuition.com/?wpdmact=process&did=MTAyLmhvdGxpbms=
Does the above article give us all the essential knowledge and cover all the syllabus areas in P3 , that come from F5 & F9? Can I just rely on the article for my exam to get all the F5 & F9 knowledge?
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