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Yeah I mean the depreciation stuff was confusing me and I thought i knew that like the back of my hand. If you start running short of time then you start panicking and miss important points of the questions and rushing your thought process. I was short of sleep too which probably didnt help. The reason I ask about results is I might just do it on computer to try get it out of the way in the new year if I fail it.
that exam would have been Ok but for time. i dont know how come the ACCA examiners piled the paper with calculation and expected one to solve a question within minutes. Even a computer has to think before it calculates
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too many lenghty questions n lots of calculations. i have studied A level accounting but this F3 aint joke. I think for my next attempt i hav to sleep with my books even reading them when i am sleeping lol then i guess i can make it thru.
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I think results are out on 20th Feb, I am thinking to take the computer exam too rather than wait two months and find out what I am already sure of; that I wont get 80+ as I had hoped.
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time management was the key to complete f2 and f3 and other papers as well
i managed my time properly and finished well before time
i agree lots of calculations but overall i found it okC acquired 30000ordinary shares and $10000 of 4% loan stock in Excel company.
Excel co. is financed as follows:
$1 ordinary shares $50000
4% loan stock $40000
Retained earnings $10000For purpose of preparation of consolidated financial statement, what is C’s interest in Excel co.?
Is it:
85% or
30% or
50% or
60%.can anyone give me the answer?
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was ok.anyone doing f2 and f3 should try as much as possible to do many numbers in the kits
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I don’t understand why people are talking about time pressure and being pushed to complete on time.
I had to take the CBE mid November as I’d studied the old syllabus – I had wanted to take the paperbased exam as CBE exams aren’t a nice way to be examined. I finished with 30 minutes to spare.
Are the paperbased exams more complex? Is that why people are running in to time pressure at the end? I thought they should be about the same.Dipintee the answer is 60% because… C (Parent Company) is acquiring 30000 Ord. shares … while Subsidiary company has 50000 Ord shares…. so you can calculate the share by 30000/50000*100 and you’ll get 60% answer and the remaining 40% should be of NCI (Non Controlling Interest)
Naskhan from which topics you got more questions and how was your paper regarding Theory and Calculation … ??? i’ll attempt FFA in January’s first week and iam much scared
Dipintee it should be 85% coz Loan stock is included too 25% of loan stock belongs to Parent and remaining to NCI so 60%shares)+25%(loan stock) = 85%
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