OCS November

I had taken it in November and here is a few bits I can share with you:

– time management is the key – you have to answer only whats required and move on to the next question.
Use this simple approach:

– each of 4 main section in the exam is worth 25 points (each point is 1 proper point you make in your answer – could be anything between 1-3 sentences)
– apply % to each sub question you have in main section to get the proper weighing i.e. if section 1 has 3 sub questions with weighing of 40%/50%/10% respectively then use formula:

25points x 40% = 10 points (between 10-30 sentences )
25points x 50% = 12.5 well made points in your answer
25points x 10% = 2.5 well made points in your answer

Stick to the above – i didnt in my exam and passed only just as i was always missing the time at the end of each section. Dont try to make your answer perfect. It will not work.

– practice fast writing on the keyboard – it helps

And here are my questions I had in Nov exam:

Amazing Beds created a number of sleep clinics and the questions were related to that group of clinics as per below:

Accounting profit
CVP – muliproduct break even
Digital costing and ABB – budgeting for a number of sleep clinics created by the enterprise
Sales variance, KPI i and what specific expenses can be capitalised under IAS 16.
Relevant costs and what additonal factors need to be taken if using relevant/irrelevant costs
What factors should be taken into consideration while investing in short term instruments.