Forums › ACCA Forums › ACCA APM Advanced Performance Management Forums › June 2021 ACCA APM exam was – Instant Poll and comments
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- June 9, 2021 at 10:30 am #624111June 9, 2021 at 5:13 pm #624178
any one with zland trust and Frasco cvp questions.in section C
June 9, 2021 at 5:20 pm #624199Too much reading. I found it difficult to read the scenarios as there seemed to be too much information to take in and then navigate between to try and extract the information. Questions themselves I didn’t think were too challenging but couldn’t manage to complete within the time allowance which is frustrating because I would have been able to have had a good go at all the questions.
June 9, 2021 at 5:23 pm #624202Yep this is what I had aswell. You find them OK?
Zland Trust I struggled to think of any financial calculations I could do tbh outside of profit margins.
June 9, 2021 at 5:25 pm #624205Did any one find the remote exam challenging?
June 9, 2021 at 5:33 pm #624209Found the exam to be quite difficult and hard to answer the requirements in the allocated time. The questions surrounding brand awareness and brand loyalty threw me from the outset. The question in the final section about budget setting and variance, I found difficult to answer and time consuming.
Unfortunately, I’m fully expecting to resit.
June 9, 2021 at 5:41 pm #624213I did find them okay
cs ratios was 60.5% and i have included 52 weeks in Frasco hotel question. what are your thoughts?
June 9, 2021 at 5:47 pm #624216Me i had ques 1 budgeting and ABM. Ques 2 was Performance pyramid and evaluation of indicators. And ques 3 Value for money and league table. Anyone else who had those questions? The exams was very demanding and lengthy. The scenarios were long and difficult to manage in CBE screens.
June 9, 2021 at 5:49 pm #624217AnonymousInactive- Topics: 0
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Yes!! I had the same thing!
June 9, 2021 at 5:52 pm #624218For those that had the performance pyramid question. There was 3 parts, first was the performance pyramid, 2md was the an indicator for each of the financial, quality and productivity. What was the last part – does anyone remember?
June 9, 2021 at 5:58 pm #624222.
June 9, 2021 at 6:14 pm #624227Part A was tricky. C is quite straightforward
June 9, 2021 at 6:14 pm #624228For me the last part was about manipulation in nfpi,s
June 9, 2021 at 6:16 pm #624230Zero based budgets in local government?
June 9, 2021 at 6:19 pm #624233My questions
1) elit Co nfp and big data
2) Borens Co or something like that, about budgeting
3) VBM, Npv, MirrI missed half of question 3 and it was a nightmare. Why questions on Npv Mirr when it won’t be in syllabus?
I see people had value for money and perf pyramid, league table which is what I revised for and quite confident on.
It’s not fair that people can be in same room and get a different question which could be the differenceVBM statistically is the hardest topic students struggle on and a shame I got that 🙁
June 9, 2021 at 6:24 pm #624235Problem with the performance pyramid Q was the length of it. I attempted it last and just found it such a lengthy question to complete.
The indicators required for the pyramid was simply ridiculous to compile for 12 marks of the exam! Annoyed me a lot and ended up writing waffle in the final 10mins. Very tough exam
June 9, 2021 at 6:26 pm #624238Oh wow, I noticed when I was done with Eilt company that it was spelt “Eilt” and not “Elit”. I started to change all references one by one then I figured out something and was amazed, they exam has a Find and replace function with CTRL + F!!! So basically used that to change the remaining references from “Elit” to “Eilt”. Time-saving but I don’t think there would be any loss of marks with the wrong spelling.
Also I wanted MIRR and EVA but didn’t get any. NPV and especially MIRR are examinable in the sense that you would need to make references to their suitability, pros and cons etc. Not necessarily to calculate. Apparently, at this level, you can use normal Excel functions of
=NPV(rate, cash flows) and
=MIRR(cash flows, finance rate, re-invesment rate)So you don’t need to manually calculate it or even know the steps.
June 9, 2021 at 6:28 pm #624239I also have brand awareness loyalty.
NFPIs, big data. New IS for Q1
Q2 is VFM, league table
Q3 is PP .sadly No enough time for this. Q1 has too many questions!June 9, 2021 at 6:32 pm #624241In your question gross profit margin was 65%for set menu & 45%for A Carte .
What I want to ask after subtracting margin we get variable cost so we can use margin as contribution or not
Yes my weighted c/s ratio was .605555
Also sales mix was 50:50 or not it said half sales from each menuJune 9, 2021 at 6:35 pm #624243The marks allocation was hard to make sense
PP indicators (9marks)
Big data (10marks)
Brand awareness and loyalty (About 12 marks) if im not wrong
Difficult paper to complete, way too much to readJune 9, 2021 at 6:36 pm #624244I had the same as some others here,
budgeting + ABB Q1
Schools performance tables Q2
pyramid was Q3Went slightly over time on Q2, length was hard for time allowed
I only had 38 mins for Q3 and it was so long and compicated so after spending 15 minutes trying to get to grips the rest was just panicking writing. Amazing how your brain seizes up trying to remember the pyramid layout when in an exam.Really difficult for time in that exam, hopefully I passed but wouldn’t be surprised to have to retake.
SBR tomorrow so back revising now.June 9, 2021 at 6:37 pm #624245The performance Pyramid was provided in one of the Appendices , if im not wrong
June 9, 2021 at 6:42 pm #624248cubeddd wrote:Oh wow, I noticed when I was done with Eilt company that it was spelt “Eilt” and not “Elit”. I started to change all references one by one then I figured out something and was amazed, they exam has a Find and replace function with CTRL + F!!! So basically used that to change the remaining references from “Elit” to “Eilt”. Time-saving but I don’t think there would be any loss of marks with the wrong spelling.
I got
Q1 Eilt – KPIs, NFPIs, Brand awareness and Brand Loyalty, Big data
Q2 ZSD schools or so – VFM, League table
Q3 Dornell – Performance pyramid and Indicators and something else.It was truly easy but time-management was poor :(. Hope I did enough though.
June 9, 2021 at 6:45 pm #624250cubeddd wrote:Oh wow, I noticed when I was done with Eilt company that it was spelt “Eilt” and not “Elit”. I started to change all references one by one then I figured out something and was amazed, they exam has a Find and replace function with CTRL + F!!! So basically used that to change the remaining references from “Elit” to “Eilt”. Time-saving but I don’t think there would be any loss of marks with the wrong spelling.
Exact paper for me too, and yes time management was extremely poor on my side too, left a whole of marks unanswered.
June 9, 2021 at 7:26 pm #624253deleted. posted twice
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