Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › F7 June 2015
- This topic has 53 replies, 13 voices, and was last updated 9 years ago by MikeLittle.
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- June 3, 2015 at 6:54 pm #252686
Dear Sir,
Will you upload your suggested answers of f7 current attempt. When ACCA uploads question paper?
June 3, 2015 at 8:04 pm #252766I’ve not even done last december’s exam yet! Sometime, I shall. But when, I have no idea
Sorry
June 4, 2015 at 3:04 pm #253054Dear Sir
Can u at least publish the MCQ answer please
June 4, 2015 at 3:18 pm #253071Where will I find the questions?
June 7, 2015 at 11:24 am #254739dear sir, i will be very greatful to you kindly upload the answers of paper f7 specially msqs
sir plxxx i need thatJune 7, 2015 at 11:33 am #254742I don’t see the exam paper for June 2015! Tell me where it is and I can look at it
June 7, 2015 at 1:35 pm #254778please can u upload suggested answrs plz.. it will b a great help.. plzz plzz
June 7, 2015 at 3:26 pm #254812I simply do not believe that you have posted this! What does my post say immediately above this last one of yours?
June 8, 2015 at 12:14 am #254997The question paper is on the acca website f7 past exams but right at the bottom of the page under additional exam resources
June 8, 2015 at 12:21 am #254999Just had a look at the paper no Mcq published only section b – so you can’t answer the question!
June 8, 2015 at 9:57 am #255041Link to qustion paper is there on opentution.com. plz can u answr the part B
June 8, 2015 at 10:05 am #255043Faisal
Three points:
1) I don’t have recording facilities where I am, and will not have for at least two more weeks
2) I’m actually very busy just at this time
3) how will it help you? If you’ve just done the exam, no matter whether I do or I don’t upload answers, it’s not going to change your result and if you didn’t do the exam, then there’s no panic anyway – there are lots of previous exam questions to practice on
So, in summary, be patient
June 8, 2015 at 10:18 am #255046Will do. 🙂
June 8, 2015 at 11:28 am #255059Thank you
June 10, 2015 at 9:09 am #255908sir. plz provide us answer of paper f7 we dont have any other source who can provide us question paper is on acca website
June 10, 2015 at 3:12 pm #256029Have you read the rest of this thread? Please do!
June 14, 2015 at 4:25 am #256777sir, we are still in hope of Acca paper f7 suggested answers june 2015
June 14, 2015 at 3:59 pm #256822Billalahmed
I’m sure that you are and I shall get there when I have time, but these continuing reminders are not helping your cause 🙁
June 18, 2015 at 9:10 am #257590Hi sir,
Thanks for uploading your suggested answer…I do have some query if i may ask… If it is not too much to ask could u assist me?
Q5. The NCI share of post acquisition profit was not suppose to be added to the value at acquisition?
Q12. Present value is the same as fair value? i remember i got confused in the exam about this one…
Q13. The depreciation should not be time apportioned since 6years have passed? (3600/(12000/20))
Thank you
June 18, 2015 at 1:11 pm #257708Q5 Yes, answer is at this moment being changed to C
Q12 When calculating fair values on the acquisition of a subsidiary, we will use discounting to arrive at the present value / fair value (In addition, the other three options are clearly wrong!)
Q13 The answer to this is also being changed – I misread the question as it still had 20 years rather that it had 20 years as at date of purchase. Answer is changed to C
Whilst I’m writing, the answer to question 6 is changed to B
OK?
June 18, 2015 at 6:04 pm #257795Hi Mike,
Many thanks for your work on this very helpful, in agreement with the majority of your answers. However Q18 I cannot see how there is another answer other than C):-
Cost of investment:- 1,200
Profit after tax Aug – Mar is 8 months so (750 x 8/12 x 30%) 150
PURP on inventory (300/1.2 x 0.2) ( 50)
Carrying amount of investment 1,300
Please can you review and feedback
Thank you
June 18, 2015 at 7:46 pm #257809@gdjay said:
Hi Mike,Many thanks for your work on this very helpful, in agreement with the majority of your answers. However Q18 I cannot see how there is another answer other than C):-
Cost of investment:- 1,200
Profit after tax Aug – Mar is 8 months so (750 x 8/12 x 30%) 150
PURP on inventory (300/1.2 x 0.2) ( 50)
Carrying amount of investment 1,300
Please can you review and feedback
Thank you
Seems you have forgotten that only the group’s share of the URP should be eliminated.
50 x 30% = 15
June 18, 2015 at 7:48 pm #257812Ahhhh, yes of course, makes sense, thank you
June 18, 2015 at 8:26 pm #257818Dear Mike, how about the question 19, how can i calculate to 24,150?
many thanksJune 18, 2015 at 8:39 pm #257825Cost of payment £12,650
Future payment discount one year:- £12,650/1.1 = £11,500Total is £24,150
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