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hello sir, well 70% of the paper is on MCQs and the remaining 30% is on scenarios,i want to know how the 25% is examined if taken under CBE?
Thank youopppss sorry,its the other 30% of the f4 cbe,how will it be set if i do it computer-based?? Will i have to type words like in ms office or will there be a pool of answers to choose from??
thank youThere’s a pool of answers to choose from
Effectively the entire F4 cbe is multiple choice
Check out the specimen paper on this site:
What’s the matter with this from the specimen exam?
Background
Clare, Dan and Eve formed a partnership 10 years ago, although Clare was a sleeping partner and never had anything to do with running the business. Last year Dan retired from the partnership. Eve has subsequently entered into two large contracts. The first one was with a longstanding customer, Greg, who had dealt with the partnership for some five years. The second contract was with a new customer, Hugh. Both believed that Dan was still a partner in the business. Both contracts have gone badly wrong, leaving the partnership owing $50,000 to both Greg and Hugh. Unfortunately the business assets will only cover the first $50,000 of the debt.
Task 1 0 of 2 marks
Which of the following states the liability of Clare as a sleeping partner?
She has limited liability set at the amount she has introduced into the partnership
She has no liability for partnership debts
She has full liability for partnership debts
She has limited liability for partnership debts set at a pre-determined level
Task 2 0 of 2 marks
Which of the following describes the liabilities of Dan as a retiring partner?
He remains liable to existing customers for a period of six months
His liability for any debts ceases on retirement
He remains liable to new customers who knew he was a member of the partnership, unless he declared his withdrawal
He remains liable for any debts or obligations incurred by the partnership prior to retirement
Task 3 0 of 2 marks
From whom can Greg claim the outstanding debt?
Eve, Dan and Clare
Eve and Dan only
Eve only
Eve and Clare onlyHere’s the link:
Hello sir, i was studying f4 last year jan 2014 to june 2014 but i did not take part in exams. Now i will take part in the cbe exams at the end of jan. Do i need to learn more things like new chapters have been implemented or is it everything the same except exams that has changed? Thanks
No, I can’t remember anything of any real importance changing – just make sure that you have something on treasury shares and, most I portent of all, do hundreds of mcqs – and do them until you can get them all (apparently) correct. There are some in the publishers’ revision kit / exam kit where the answers are, at best, questionable and at worst just plain wrong.
If you’re having any doubts do make sure you post the question and answer and I’ll see whether I can agree with it
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