Dec12 Question2 was a trap?

This topic has 5 replies, 5 voices, and was last updated 13 years ago by fairlygladys.

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January 16, 2013 at 10:43 am #113743

plitka
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Just curiously: do you think that Q2 was a tricky one?
I’ve read the answers for Q2 from the examiner – and surprisingly the green certificates became the grants, and i’ve messed with joint venture…
Am I the only one who think that it was a bit of surprise with the whole question? Who did you managed it?

January 16, 2013 at 6:43 pm #113760

fidget
Member

Yes, it was tricky. I did terrible in the first scenario as I hadn’t studied up on Government Grants so didn’t really know what I was supposed to do. If I’m lucky I’ll get 1 mark for mentioning that the certificates held at the year end should be treated as inventory.

I missed the joint venture point as well in the 3rd scenario, but I think I got the rest of it though, so I did better in that one.

January 17, 2013 at 2:18 pm #113807

jay14
Member

I am not so scared with about questions 2 and 3, it’s the question 1…part A. Praying hard for marks from the workings shown…

January 18, 2013 at 5:46 am #113834

pt
Member

Where are the answers please?

January 18, 2013 at 3:50 pm #113873

fidget
Member

https://www.accaglobal.com/content/dam/acca/global/PDF-students/acca/p2/exampapers/int/p2int_2012_dec_a.pdf

February 21, 2013 at 4:27 pm #118425

fairlygladys
Member

thanks for sharing…. Sec A is the killing part, think the marks I got mostly from Sec B
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