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The tutor has now made his answers available
https://opentuition.com/acca/I have 13 right answers as I remember
questions 12 ,13 ,15, 19 I cant rem.
at least I have 26 marks from A
for section B:
1)at least 4 mark
2)0 mark
3)at least 6 mark
4)at least 13 marks
5) at least 3 mark
My count is pessimistic
for section B marks 26 marks
52 marks
I think I will PassThank you so much John!
I think I have 19 right based on working them all out again yesterday (but can’t be absolutely sure I didn’t have any funny turns in the exam and put something different).
It’s funny, the one I got wrong wasn’t one I had doubts about (the learning rate question) but now I’ve seen your answer I realise what I missed – fewer new employees to slow down the rate, I put none of the above.
Hopefully my reworked answers tally with what I did put as I’ll be a happy bunny then.
Thanks again!
I can’t find answers(
Could you please give me the direct link?
Thanks in advance@karas27 said:
I can’t find answers(
Could you please give me the direct link?
Thanks in advancehttps://opentuition.com/acca/.
Then click on download our suggested F5 answers.
Hopefully this helps.Q13…Why D? Inventory level have increased…and it may reduce the quick ratio…or not??
Qucik ratio: (Current assets-inventories)/current liabilities
Current assets – inventories = receivables plus cash.
The whole purpose of the quick ratio is to ignore inventories (because it takes longest to convert them into cash) , so it doesn’t make any difference whether they have gone up or down.
Well I don’t think it’s looking good for me.
I think I’ve got 18-24/40 on section A & 20-25/30 on section B.
Which is 38%-49%.
I can’t see me getting over 50% so I guess I’ll be resitting this one.
I do however have every confidence that I will pass next time as I only discovered this site 2 weeks before the exam & I have to say it is brill. Thanks so much for the online lectures John, even though I think I’ve failed I think I would have done worse without watching the few lectures I did and you have definitely given me a better understanding of things. Thanks 🙂@leetaylor86 said:
I could not relate the scenario for ZBB. I just used text book knowledge!!I’m soooooo nerves about my acca F5.because i can’t promise my MCQs.but i still think i will pass~
@johnmoffat said:
Current assets – inventories = receivables plus cash.The whole purpose of the quick ratio is to ignore inventories (because it takes longest to convert them into cash) , so it doesn’t make any difference whether they have gone up or down.
Surely statement (ii) is valid as inventories going up will generally result in cash going down? The quick ratio will go down as a result because cash is tied up in inventory.
i think it was tricky in its sectionB.. The question on transfer pricing!!!!!! but section A was okay..
you can download the official answers from the acca webpage
https://www.accaglobal.com/content/dam/acca/global/PDF-students/acca/f5/exampapers/F5_2015_Jun_A.pdf
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