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For me surprisingly exam seems purely ok! I got 5.4 m profit as well. Very time consuming, wasn’t able to finish all small parts. Let’s wait for results and wish everybody to pass!
THIS EXAM WAS A PIECE OF CRAP !!!!!!!!!!!!!!!!! after i studied night after night……….what the hell was that???????? it was like you had to pull ideas from out of the sky……. not one question looked like a past paper question or even something from the kit
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This was Shane Johnson’s last exam setting for P5. So he may have not bothered at all.
Too many requirements but less time and too much details to read. There were not much questions about performance management / measurement.
Hoping for a pass!- Topics: 0
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cant wait to be chartered……Shane I need a pass in this exams…..no matter the case……..plsssssssssssssssssssssssssssssssssss……………….could anyone answer the question 1 confidently….as it relates to average cost? I was totally confused as to how to get that even though I had the impression it was easy to work out…..i tried several things but dont think i was right….
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@natka Question 5 did not have a part c the part b was worth 12 marks
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Q1. Calculate BDA days by full time consulatants
Deduct BDA days from Consultation days by FT consultants
= Chargebale consultation days by FT consultants
Deduct this from Total Chargeable consultation days
= Consultation days by Sub-contractors
% of Sub-contractor days to Chargeable days = NFPINot very happy with the questions. I don’t know what the examiner wants. If I fail, I don’t know what I can do to improve 🙁
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@zuzana said:
but it was fees from college and utilization of riding school. what were all the possible options? Did you have every college fee combined with every riding school fee and also as a third dimenion the 3 possible utilizations?i agreee……………i did evry question possible find on ev ,even f5 book ……going into paper i pray that plz GOD EV must be there andddddddddd guess wat it wast ……but hav u all read that old saying……..WEN GOD WANTS TO PUNISH U …..HE LISTEN TO UR PRAYERS…….wow ……………………..screwed big time …….but as reading comments of u all guys i still got hope ……i wasnt alone in here………….:)
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very easy question; even f5 knowledge is well enough to pass!! but, was not contents and requirements are too high comparing time allowed??? what abt EV? only 9 marks for about 3 page calculations!!!! how ridiculous!
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A very strange paper.. strangely easy.. with a lot of waffling.. i wish i hadnt studied soo much .. i felt this was a paper someone can pass without studyin a lot.. all the exam question practice was a total waste.. shane jhonsons last paper is his easiest paper and i think a lot of ppl will fail this paper because it was sooo easy .
@zeeshansajid said:
A very strange paper.. strangely easy.. with a lot of waffling.. i wish i hadnt studied soo much .. i felt this was a paper someone can pass without studyin a lot.. all the exam question practice was a total waste.. shane jhonsons last paper is his easiest paper and i think a lot of ppl will fail this paper because it was sooo easy .Yeah man i am thinking of making
Are you Smarter then a Fundamental/Skill Student ?
Would invite all the examiners to complete all the professional level especially optional papers and see them flunk out of the school(As in “Are you smarter then a 5th grader?”
n ****ing publicly admitting that these cant be completed in the given time)
OT can you sponsor the cash prize $1,000,000 for the participants just in case someone manages to complete it 😉
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How is it possible to complete all the answers in the given time???
Why isn’t there a separate time management paper so I can prepare and attent that one only.. Each and every exam I’m attending at ACCA I have to pray that my knowledge matches the inspiration for time management.. it becomes very obvious that ACCA wants to earn more and more money from the failers… :((((((- Topics: 0
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This exam was absolutely bojangles, where was everything that i have studied for months on end, now i am going to have to repeat this exam in Oz in December, i am currently in Ireland and emigrating soon, does anyone know if this is possible that i can change my exam centre to a different country? I am convinced my dad would have been able to answer that exam and a majority of the discursive questions, in hindsight a majority of the exam could have been answered with common sense but when you are in that hall that common sense quickly floats out the window and you still keep asking the questions where is ROI RI and EVA, heck where is Corporate failure. Weirdest exam i have ever sat.
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@zigot14 said:
Discursive questions were very open and confusing – not sure what they really wanted. It feels like the examiners formulated the answers first, and they came up with the question to suit it. Trouble is, we can’t read his mind well enough to intepret the question!Also, did anyone notice the mistake in Q2? The heading of the probability table given. It should be “no. of students” instead of “student fees”.
Yeah! i was doing that question and said to myself: this is wrong, it should have been no of students and not fee per student!
I actually attempted all the parts of the paper. Surprisingly too! It was one hour to go….and I still had the two optional question and from Q1(b) to (d) to complete. Practically the whole paper. God knows how I did it. The actual average cost question in Q1 really confused me and I was afraid to give up all those marks. I ended writing some crap, hopefully I may pick up a mark or two. I was just so desperate to fight for my marks so I can pass and finish this thing. I am so tired, cant see myself repeating again. Hope my effort doesnt fail me.
@skuntz said:
How is it possible to complete all the answers in the given time???
Why isn’t there a separate time management paper so I can prepare and attent that one only.. Each and every exam I’m attending at ACCA I have to pray that my knowledge matches the inspiration for time management.. it becomes very obvious that ACCA wants to earn more and more money from the failers… :((((((Viewing all your comments I know that I am not alone.
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what is cost target? is it same as target costing??/
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@ajaaba said:
what is cost target? is it same as target costing??/I assumed yes. And figured out my answer based on this assumption 🙂 Wrote sth like “this statement will assist much, as the company will be able to compare if current costs are in line with that of the market (i.e. the concept of target costing means taking the market price first, then required margin, and then costs).
And what did you write?- Topics: 0
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could sum1 jus tell me how u calculated da riding lessons for Q2?as in i wud jus remind u of da question data given- 240 horses,each providing 4 classes in a day n da school operates 360 days in a year except for 40 days were each horse takes rest!
EV-i dnt knw wat crap i did n also ws not familiar wid VFM audit! :'(
I assumed da same for cost target to b target costing and wrote as da company is operatin in a homogeneous market where substitues are easily available,target costing wud prov to b da best to keep costs in control n earn desired profit margin!- Topics: 0
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240*320*4=307200*80%245760 rest i dont remema:)
@mahbubaakhter said:
could sum1 jus tell me how u calculated da riding lessons for Q2?as in i wud jus remind u of da question data given- 240 horses,each providing 4 classes in a day n da school operates 360 days in a year except for 40 days were each horse takes rest!
EV-i dnt knw wat crap i did n also ws not familiar wid VFM audit! :'(
I assumed da same for cost target to b target costing and wrote as da company is operatin in a homogeneous market where substitues are easily available,target costing wud prov to b da best to keep costs in control n earn desired profit margin!- Topics: 0
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this paper is going to frastrate me to death ……………………………….this is my second attempt and i work so hard did evrything in kit ….and as far as ev calculation is concern i only got six figures…and many of u stating that nine figures….i dont knw if i m correct but ……fee was for elquine or watva it was and change is capacity was for riding division….:( so how they could be related:(
@gavin175 said:
This exam was absolutely bojangles, where was everything that i have studied for months on end, now i am going to have to repeat this exam in Oz in December, i am currently in Ireland and emigrating soon, does anyone know if this is possible that i can change my exam centre to a different country? I am convinced my dad would have been able to answer that exam and a majority of the discursive questions, in hindsight a majority of the exam could have been answered with common sense but when you are in that hall that common sense quickly floats out the window and you still keep asking the questions where is ROI RI and EVA, heck where is Corporate failure. Weirdest exam i have ever sat.I’m moving to australia myself in september so will definitely be sitting the p2 paper over their and any that I fail this time round. What part are you going to? Will maybe see you for the resit, will be strange doing exams late in the evening!
The exam was ok unusual though VFM, three
Es? Didnt expect that. No calculations. far from what i expected. At least no learning curves and probabilities i didnt touch. Believing for a pass.
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