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FA*** F3 June 2016 Exam was.. Instant Poll and comments ***
I made a silly mistake by subtracting depreciation charge from cost of sales.
OMG! I'm About to die! this month i will take exam too! give me some advice please!
I have to be honest this was an easy paper, nothing difficult. But you know multiple choices can be tricky. I know for sure I secured my entire 15 marks on that consolidation question. The other question in section 2 i rushed through after having 30 mins remaining to complete it along with 10 multiple choice questions i left out in section 1.
Cover the entire syllabus and practice lots of questions. Consolidated questions will come so learn to do full questions. Also pay attention to your dates, there were a couple questions that asked what scenarios should be adjusted after the accounting period, one selection had the date after financial statements are issued, so read carefully.
@maj21. Please calm down. Read consolidation and cashflows flows. Those are the most set in section B. And they will be easy marks. Then don't waste alot of time on one number. If ur not sure. Flag it ND u will return to it later
Thank you for your comments
amar152 & kita0553 Noted! thank for all your advices and tips inshallah i did pass the exam.
Hello ACCA tuitor and colleagues.
I need your quick assistance with this question and thanks in advance for your prompt feedback.
QUESTION:
In the year to October 31, 2010 Jamali’s sales were $142,200, all of which were made at a mark-up of 20%. His opening inventory value was $5,400 and his closing inventory value was $3,600. What is Jamali’s value of purchases in the year to October 31, 2010?
Hello ACCA tutor and colleagues.
I need your quick assistance with this question and thanks in advance for your prompt feedback.
QUESTION:
Liz obtains a 25% margin on all her sales. In the year to 31 March 2010 she bought goods with a total value of $69,000. Her closing inventory cost $3,000 less than her opening inventory. What is the value of Liz’s sales in the year to 31 March 2010?
question # 1 answer is $116,700 for purchase i think...
@adigajamali said: Hello ACCA tuitor and colleagues. I need your quick assistance with this question and thanks in advance for your prompt feedback. QUESTION: In the year to October 31, 2010 Jamali’s sales were $142,200, all of which were made at a mark-up of 20%. His opening inventory value was $5,400 and his closing inventory value was $3,600. What is Jamali’s value of purchases in the year to October 31, 2010?uestion # 1 answer is $116,700 for purchase i think…
@adigajamali said: Hello ACCA tutor and colleagues. I need your quick assistance with this question and thanks in advance for your prompt feedback. QUESTION: Liz obtains a 25% margin on all her sales. In the year to 31 March 2010 she bought goods with a total value of $69,000. Her closing inventory cost $3,000 less than her opening inventory. What is the value of Liz’s sales in the year to 31 March 2010?Liz's sales is $88,000 i think...
88%
71% passed.. thank you open tuition and friends
@nilsatom you have to read and practice more question for you to master the problems.. the exam is tricky..and a little harder than what we expecting,even me I felt confused while solving.. i asked also some advice from members here..and pray before i proceed to exam...
@maj21 said: 71% passed.. thank you open tuition and friends
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