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I think the paper was OK if you revised well. One thing i regret is that i completely ignored the ABC in my revision assuming it was easy but realised in exam that practice makes perfect even on the topics you are comfortable with.
my first paper based exam… worried too much be4 receiving the questions
found myself smiling after reading the questions>> it was gooood- Topics: 1
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when F5 mcqs will upload wd answer?
The ACCA has not released the MCQ’s and therefore since I can not see the questions I cannot provide answers.
As many of you seem to not be able to find them, the link to my suggested answers to Section B is on this page:
I cannot provide suggested answers to Section A (the MCQ’s) because the ACCA is not now releasing the questions and therefore I cannot see them. (The ACCA will not be releasing the official answers to Section A either)
Hi John,
After looking at your recommended answers, I’m feeling better… I think I may have done quite well in this exam!
Thanks again!
I was thinking about this exam again…there was one MCQ in which I’m sure there was a mistake… It included a current ratio and a quick ratio for two years, but the quick ratio was larger than the current ratio.
(Unless the exam had me hallucinating!)
Is that even possible?
CR = CA:CL
QR = CA-stock:CLSo surely CR > QR by definition???
Ify-cyce costing MCQ question was B or C? Throughput question was A( only 1 is true) or D(both true)? Throughput question was somethink like that : 1. Inventory level sould be kept minimum. 2. Machines 100% utilized with no Idle time.
@cene89 said:
Ify-cyce costing MCQ question was B or C? Throughput question was A( only 1 is true) or D(both true)? Throughput question was somethink like that : 1. Inventory level sould be kept minimum. 2. Machines 100% utilized with no Idle time.Can’t remember what the lifecycle question was I’m afraid. I do remember the throughtput one. I picked whichever option was for 1 only. In other words, inventory kept to a minimum (throughput assumes this) but all machines can’t be utilized 100% of the time because otherwise you would be building excess inventory due to the bottleneck resource.
Probably not explaining myself well but throughput accounting does not see idle time on the other machines/processes as a bad thing – in fact it has to happen to avoid building up stock – so the second option is false.
I also checked the A (Only the inventory theory is true) . thanks Jenny! What about the relevan costing questions? (fruit pick up question)
@cene89 said:
I also checked the A (Only the inventory theory is true) . thanks Jenny! What about the relevan costing questions? (fruit pick up question)That one I can only vaguely remember – was it to do with hiring workers to stop people eating the fruit before they paid for it?
If so, I think all of the options were relevant apart from one – something to do with sowing the fruit in the first place? – as that would be incurred either way.
what about the three management information systems questions? One of that was about external source of information, I think it was a “by competitor” answer. but I did not remember what were the other questions :S
Does anyone remember whAt they put for the first question on residential income, I think it’s asked for the ri on the initial investment? I think the choices were £0 (£270,000) and then some positive figures?
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