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@chris165 said:
Pretty sure the answer to Q2 is C: Subsequent events review is separate and prior to the overall review.Colleague: I am sure OT says – suggested answers and we will see the authority (ACCA) as they put it up. Some of us will loose while others gain – BIG time!!!!!!!!!!!!!!! YES!!!!!!!!!
This is what helps us to look more closely to the wording of the questions and learn to underline key words; also eliminate the odd man out. We’ve ALL worked hard on the theory which is 80%. If any of us was able to complete ALL questions correctly – we are guarantee that we all PASS.
Section B was VERY straight forward – time consuming, which is intentional by ACCA. If we were prepared – the first four questions gives us 30/40 marks and the BIG ones – maybe we did not have enough time to do our best here; but get 17/30. With five (5/20) MCQ’s right answer – We PASS!!!!!!!!!!!! Thank you father – your mercy is what we need.
Regards,
hi,
Could you please tell me which mcq are for 1mk?
I also got only 5 correct! 🙁@suhaniya said:
hi,
Could you please tell me which mcq are for 1mk?
I also got only 5 correct! 🙁there are Four (4) one mark MCQ’s. The questions paper itself has the mark(s) at the end of the questions, and it is my pleasure now to quickly remind you of those questions. 3, 6, 8 and question 10 were ALL for one mark each.
Better for you colleague, rework the entire paper for your holiday. It is available on ACCA site at the bottom. Build your knowledge and press to victory!!!!!!!!!!!!!!!!!
Regards,
Hi,
In the sixth question can we use the substantive procedures which is in Kaplan text -Payables,revenue,bank and cash
Directly.Can anybody reply for this???Pinky
@pinkyjovin123 said:
Hi,In the sixth question can we use the substantive procedures which is in Kaplan text -Payables,revenue,bank and cash
Directly.Can anybody reply for this???Pinky
Yes colleague – that is the answer to the question. What else you think?
Same procedures; but you MUST apply the exam question facts to the answer – Practical nature of auditing suppliers statements (balance owed to them – conformation of valuation and existence); Bk recon -cash and bank, and revenue for receivable as it relate to transactions give rise to the amount in financial statements, classification and disclosure. All aspects are important in a summary answer.
The Multiple choice questions are out . You can read the question and check your answers u put down with answers provided by Opentuition.
@karnalahmed said:
I guess nobody noticed but the official answers are up on ACCA’s website !!Yes!!!! I have gained marks after I used the forum suggested answer, now I’ll say – we’re victorious and move to the next challenge. Thank OT you have been a great support to ALL and ask you to continue to assured us that we’re the best in everything -sharing and supporting our colleagues.
Regards,
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