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PMF5 Exam tips – June 2012 sitting

Aansi14y ago
More tips will be added in a while. Keep checking for updates.

Opentuition

Activity Based Costing
Cost volume profit analysis
Planning and Operational Variances
Budgets – mainly written, but with preparation of a flexed budget and commenting on it
Financial and non-financial performance measures (with main emphasis on non-financial)




LSBF

Costing methods – ABC.
Decision making – decision.
Budgeting – forecasting models.
Variance analysis – planning and operational variances.
Performance measurement – non-financial indicators.



source for tips from other publishers – PQ Magazine
https://www.pqaccountant.com

best of luck with exam!
ansi
VVipin14y ago#1
hi ansi,
best wishes for your exams too.
Aansi14y ago#2
updates:

ATC

• Be aware of the big difference between F2 and F5: you have to understand and discuss calculations rather than just do them.
• F5 requires a certain amount of interpretation. Practise these types of questions.
• Don’t get bogged down by the many different types of variance. The most important variances are the ‘basic’ ones, materials mix and yield varaiances, sales mix and quantity and planning.
• Show any workings. Provide your main answer first, with workings underneath


BPP

• Environmental accounting techniques.
• ABC.
• CVP or dealing with risk and uncertainty.
• Budget appropriateness and behavioural impacts.
• Mix and yield variances, planning, operational, as well as basic variances.
• Performance measurement and control – likely to be tested at every sitting.

Kaplan Financial

• Throughput accounting and TOC.
• Zero based budgeting.
• Multi-product breakeven charts.

First Intuition

• ABC.
• Target costing.
• Environmental accounting.
• Cost volume profit.
• Limiting factors.
• Forecasting techniques.
• Variances including planning and operational.
• Performance measurement including building block model.
Former userFormer user14y ago#3
very useful
Former userFormer user14y ago#4
very useful
Former userFormer user14y ago#5
thanks so much
Former userFormer user14y ago#6
have some problems with the environmental accounting any help? please
Former userFormer user14y ago#7
thanks y'all
Former userFormer user14y ago#8
great sharing.....thanks dear
Kkevgooner14y ago#9
@batholomew

Environmental accounting will be a written segment. Use the Open tuition notes and basically memorise them. This will be enough for the exam. Maximum marks available for this topic is 8 if it gets examined.

Financial/Non Financial performance analysis will definitely be examined as it wasn't in last sittings and is normally at every sitting.
Former userFormer user14y ago#10
thanks for the tips. they are really useful.
Uutsab14y ago#11
thanx ansi for the updates ....i wish this will be useful for exam...finger crossed
Bbabar131414y ago#12
I just want to get 50 percent lol wht to do???
Former userFormer user14y ago#13
What should I focus on for this last few days?
Mmsikhan8914y ago#14
COULD U SOLVE THE QUESTION PLEASE ' YEAR 1 GROSS PROFIT MARGIN 40, SELLING PRICE IS $10. IN YEAR 2 SELLING PRICE IS FALL 5%. SO WHAT WILL BE GROSS PROFIT MARGIN FOR YEAR 2'
SShowkat14y ago#15
Selling price is $10 and gross profit margin is 40%.

Year 2:
Selling price falls 5% to $9.5
Therefore, gross profit will be ($9.5 X 40%) = $3.8
Ssamandspan14y ago#16
Hi, does anyone know how accurate these "tips" usually are?
Ssteven1814y ago#17
not very accurate
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