Essential reading for the AFM exam

Hello Sir, Kindly explain to me why the ,marketing cost was considered? Is not a sunk cost? Thank you

No it isn't a sunk cost because it has not yet been spent.

Refer to the note 15 for candidate one answer, it seems to be contradictive with the answers provided in the suggested solution. In the suggested solution, it is stated that the convertible loan notes would be treated as debt, increasing Tippletine Co's gearing, which may concern the other shareholders. As this is given in the suggested solution, this points should worth 1 mark. Candidate one answer's is Tippletine Co's shareholders will be concerned about the gearing of the company if further loan notes are issued. Conclusion of bond into equity enhances the gearing. I think this candidate answer's has the same meaning with the above solution given by the examiner but how come no mark was awarded? Could you please throw some light into this?

It is saying the same as what is in the examiners answer. However not every sentence in the examiners answer gets a mark (otherwise it would be a lot more than 8 marks). That sentence is really just stating a fact, but as the note by the marker has written it is neither an advantage nor a disadvantage when comparing with the subsidised loan. The rest of that paragraph in the examiners answer is more important.

Dear John Moffat, Please what will be the best question practice strategy and technique and exam techniques and strategy to getting a very high potential prize-winning score in AFM after completing your lecture videos and notes for June or Sept 2020. Which do you think I should write? June 2020 or sep 2020 that will enable me enough time to understand and practice well without rushing and feeling pressured before and during the exam? many thanks

The most important things are firstly to have a Revision Kit from one of the ACCA Approved Publishers and to attempt every question (and learn from your mistakes) and secondly to read all of the technical articles on the ACCA website. As to whether you take the exam in June or September really depends on how much time you have available for studying. Unless you are restricted a lot due to work etc. then you should be able to manage the June exam.