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Am I the only person who think that MCQs are easier than those of previous examinations?
What procedures you guys wrote on PPE?
Mine were
1. review board minutes to ensure authorization of capital expenditure.
2. review disposal proceeds of aged fixtures and fittings and cast to verify arithmetic accuracy.
3. obtain breakdown of expenditure to confirm the nature of expenditure, if this is of capital expenditure then agree to NCA register.
4. Review disposal proceeds and verify that the fittings sold are completely removed from NCA reg.
5. recalculate the dep charge to ensure that it has been calculated on revalued amount and agree to income statement.
6. can’t remember 🙁Qualified opinion due to limitation in relation to lack of evidence.
What’s about 2nd opinion is it adjusting event?@seishirou said:
Am I the only person who think that MCQs are easier than those of previous examinations?8 to 9 mcqs were easier.
@imperio said:
What was that audit opinion for the first case? Where the computer was hacked.I wrote, disclaimer of opinion
@rcc002 said:
Qualified opinion due to limitation in relation to lack of evidence.
What’s about 2nd opinion is it adjusting event?Dear it was material and pervasive so disclaimer was the right one, i think.
in 2nd case Qualified opinion. i wrote adjusted but not confirm.In system hack I wrote disclaimer, cuz it was really pervasive.
In the valuation error it was some 15% of profit – so material. Whether it’s pervasive or not – I wrote it’s up to the auditor’s judgement (I don’t really know). If pervasive – adverse, if not – qualified. Can it work this way?@anikitina said:
In system hack I wrote disclaimer, cuz it was really pervasive.
In the valuation error it was some 15% of profit – so material. Whether it’s pervasive or not – I wrote it’s up to the auditor’s judgement (I don’t really know). If pervasive – adverse, if not – qualified. Can it work this way?What did you write, is it an adjusting event?
@erathan said:
Hey, I finished the exam F8, 30 minutes earlier, is this normal ??Nothing is abnormal if you are outstanding :))
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Hi, who can remember MCQ Q3?
Everyone works at a different pace but it’s an advantage to finish every question with some spare time, you would then have time to review and add to your answers.
I never have spare time because I can’t physically write fast enough! I’m looking forward to taking my next exam (F7) on PC and I’m confident I will have more time!I saw one guy just sitting there for 20 mins at the end- that’s madness! Surely there’s more that can be added
@yanmoon26 said:
Hi, who can remember MCQ Q3?was it to verify the completeness procedure?
@erathan said:
Hey, I finished the exam F8, 30 minutes earlier, is this normal ??I almost ran out of time but managed to complete the paper. This is just bcoz i completed 10 mcqs in planning time.
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Thanks,Saajan!
I remember answering ‘B’ to a lot of the multiple choice questions
For the system hacking question i stated that the audit opinion would be disclaimer of opinion
What did everyone put for the question on testing the controls for the inventory count? I remember writing that the auditor should attend the count and obserseve…for most of the deficiencies
@rakshya said:
My McQ answers:
1-c
2-b
3-c
4-a
5-d
6-c
7-c
8-b
9-d
10-d
11-d
12-dyou have very much answers different from those of mine bcoz i remember that i put mostly the ans as B.
Might b wrong@saajan said:
you have very much answers different from those of mine bcoz i remember that i put mostly the ans as B.
Might b wronggot almost the same answers as her/him.
cabadccbcdbc
Thought the multiple choice was ok. Questions 1,2, 5 & 6 were straightforward. 3 & 4 were the two I struggled with.
gosia123 I got similar answers to yours. My multiple choice answers are A A C A D C C C B D A D
Personally I feel that I should pass the exam. I found the MCQs to be a bit tricky, but Section B was quite straightforward, apart from the Reporting Question which I messed up
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