p3

No major syllabus changes, so OT material still fine. Don't be so pessimistic about your Dec 2012 attempt!

Hello,

I really need some feedback from the exam on Monday:

https://www.accaglobal.com/content/dam/acca/global/PDF-students/acca/p3/exampapers/p3_2012_dec_q.pdf

Having thought I'd potentially passed, then came back on this forum to see everyone used BCG for question 1a.)....I didn't once quote this model and the question asked:

Analyse the performance of each of the four companies described in the scenario and assess each company’s
potential future contribution to the EA Group portfolio of businesses

As there are 24 marks, I thought 3marks x 4 companies for Performance (ratios/strengths and weaknesses etc) and the 3marks x 4 companies for future contribution, all referenced through to the case.

Would I lose marks for not using BCG and are the professional marks just attributable for using a model?? As I'm now really worried and would like to know, as if i fail this will be the reason!

Thank you

@emmalin77,

The thing about using BCG or any model at all is to enable you write constructively well enough to earn the mark on offer. You are also able to drive home your point in a more logical manner.

The issue with not using model is whether you’ll been able to write sufficiently and convincingly well enough to earn the marks on offer. I think we need Tutor (Gromit) to help analyze the question to know which is the right thing to do.

I used BCG and it appears to be appropriate because we were given turnover for the industry, the examiner also gave some hint telling us that we are dealing with portfolio management. But then we mustn’t be fool into believing that that’s all there is to the question. There are sufficient information to calculate Ratios like GPM NPM etc. Analyzing these ratios should earn some marks.

We need not loose heart, we will make it.

Cheers!

Thanks Gabriel,

I agree, and hence contradicting myself...that models force some kind of direction in the answer, and some past papers say you must have used this model or you can still gain marks from having not used the model by simply stating ad/dis!

Would love some feedback from Gromit too!

Thanks

Failed 2 times in p3, Now I am not understanding why this is happening to me. Really confused for the preparation of June 13 attempt, Can any give advice how to make the final attempt of this paper????

Our advice is here: https://opentuition.com/acca/p3/acca-p3-key-to-success/ I assume that you know the theories now, so your problem must be in question approach. Note the following; 1 If you find that you are describing a model, you are probably answering the question incorrectly: this exam wants you to apply theories (and some common sense) to scenarios. 2 Make sure you respond to the details in the scenario: nothing is there accidentally. 3 Try past exam questions - really writing them out. Then look at the model answers and understand how the above two points are met.