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F5 Areas likely in P5??

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › F5 Areas likely in P5??

  • This topic has 3 replies, 2 voices, and was last updated 10 years ago by Ken Garrett.
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  • November 11, 2014 at 8:22 am #208985
    mosingh
    Member
    • Topics: 15
    • Replies: 8
    • ☆

    Hi,
    I have noticed in the examiners notes that there is has been a lack of F5 knowledge for the P5 exam, i did F5 a few years ago and i have revised the areas in the P5 notes, covering F5, budgets etc. I had a quick look through the F5 notes and noticed there are a couple of areas that are there but not in the P5 notes, mainly cost volume profit analysis, (chapter 8 of OT notes in F5), Quantiticve analysis (chapter 12) and standard costing and variance analysis, I have skimmed through these notes but wanted to check how likely is something from these coming up in the P5 exam? and if i should be doing more practice in these areas?

    November 11, 2014 at 11:03 am #209062
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    I think simple cost/volume could be important – eg restricted resources, closing down operations.; interpretation of variances is much more likely than producing variances.

    There is no evidence that complex quantitative analysis would be likely.

    November 11, 2014 at 12:24 pm #209075
    mosingh
    Member
    • Topics: 15
    • Replies: 8
    • ☆

    Would revising these from the OT notes be sufficient?
    thank you.

    November 11, 2014 at 2:13 pm #209122
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    Should be – but it is very important in P5 do look at lots of exam questions. This exam has little additional theory beyond P3 and F5, but the questions are very different.

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