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3rd attempt. Time-pressured as always. Fingers crossed for 50%)))
What was that exam i was not expecting that at all.
Really really prepared for this and the whole thing just seemed to be on KPI’s and CSF’s 🙁
Hoping for 50
I thought it was a very generic exam didn’t require that much knowledge of the syllabus only kpi’s and building block the rest was generic knowledge, was expecting Eva ema etc but none of that, also on q2 had no idea what myosis and the other one was
overall the questions are fair compared to last diet. however the topics tested are unexpected to me . even the ever reliable tips from open tuition are inaccurate . tips from kaplan were quite spot on esp q4: league table, q1: csf & kpi, . calculations on q1-a should be easy.
q2 on performance pyramid is quite the same as dec 2011 question. really hoping for at least 50 and become affiliate next feb. second attempt and really need to end ACCA journey of 4 yrs!Ran out of time 🙁
Only managed to attempt 63 marks out of which I didn’t even fulfill all the requirements 🙁
And now I have P6 to worry about…Was hoping to pass the professionals on first attempt but it seems unlikely now…
Building Block???? You mean Performance Pyramid?
I didn’t either part 2 b i just chatted about that they were manipulating figures so there factory would look better. I said give them less autonomy and for second factory use EVA rather than ROCE so that the manipulation couldn’t happen.
In Q1 which was so time pressured what did you do for the last part….. my working shown neither of the plans would cover the performance gap ???
Did you do Q3 or Q4?
For me very hard, ran out of time, did not finished here and there, very theoretical, not sure if will score 50% 🙁 feel really bad…tomorrow advanced taxes…
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Time pressured – exams seems to lack depth, we had a hard time preparing for topics and model and in the end it was too simplistic!! All about CSFs and KPI’s. 2nd attempt fingers crosssed to become affiliate!! 🙂
Sorry yes pyramid, I said pretty much the same for part b too about Eva
I had very little time on that bit of q1 but as at as I remember the first cal was about 45k away from there desired figure and by moving the advertising costs to the other product it turned profit negative? I could be seriously wrong with that it was rushed
I did q3 was under a lot of time pressue so I waffled a bit but tried to be specific to requirement I wish I had answered that with more time could have done better
Q4 looked confusing
First attempt. It wasnt bad. As always, time was a problem though. ACCA should consider making these P level papers 4hrs long. I think I passed though
No your probably correct in that second one i didn’t move the adv costs i completely forgot about that. i just did the % increase in sales.
what did you think of the KPIs in q1 I spent forever on those far to long and then had to rush the rest of the paper.
I said in part a of question 2 after applying pyramid that they lacked in KPI’s in waste and cycle time and maybe to concentrate more on the internal side of the company.
I think Q1 part b was the most time consuming ever for 11 marks i think it was. PEST external environment and then like it to KPIs done in question 1…… what a pain.
Very time pressured, I did Q4 and to me it was an “examiner special”, looked more complicated than it actually was.
Didn’t cover the gap analysis piece of the syllabus, lost 9 marks.
Overall I thought this was the worst paper I had ever come across, the examiner seemed to completely overlook examining external factors in any real depth and the paper had little relevance to the challenging times we live in, ACCA should be teaching us not be generic, as this paper was.Q1 was ok I thought – caculations pretty straightforward and the discussion parts were structured so hopefully kept on track.
What did people do for the last part? I calculated the profits based on contribution from earlier part (i) then thought there was obviously more to it than that! Talked about assumptions being flawed in competitive environment and did sensitivity analysis on sales price for the cheap washing machine for Plan A then ran out of time.
I spent an hour on Q4 – oops! Seemed ok if I was on the right lines.
Rushed Q3 but hopefully I will have scored some marks. Think my part (a) was more like what differences the new system would make to operationally efficiency than how the performance management would change with hindsight.- Topics: 0
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rst calculation I did for strategy A was just extrapolate the sales figure for both products by 4% for 2 years..that was all about plan A though ..increase sales volume by 4% per annum for 2 years..and I wrote about EVA too..didnt know jack about myopic, gaming and ossification. .just rewrote the problems .. fingers crossed .. best chance of 50..otherwise failing
Did the last part of Q1 give you increased fixed costs? I did not see them! Both mine came out above the target so I obviously missed something!!
I remember talking about sensitivity analysis somewhere in Q1 i also talked about the posh dept being highly geared by fixed costs compared to the cheerful department.
There’s just too many model to remember. i did Q1, Q2,Q3. i mixed up the performance pyramid with building blocks model. u just hope i get credits because i made a drawing what comprises this pyramid, how each aspects is integrated. i feel i made a lot of blah blah on Q3—- lean management? CSfs, market/product strategies. Cheerful- can be cost leadership, Posh- differentiation strategy focused on quality…..
this paper is tricky, i hope for 50% please…… i feel stucked with these option papers… i want to move on with my life too. 🙂
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both mine also came above the target. if I remember total costs increased to $445 + 60 = $505 UNIT x 581900 units for Posh = $294m costs roughly less revenue of $407m = $113m plus add back on cheerful profit which increased as Fixed costs removed would make total over the $135m target. But saying that I could be completely wrong as I was brain dead by then
My view from this paper is that by not covering the usual specific models and questions being in different format the exam actually appeared more difficult at first sight then it was. Once I stopped panicking and read the question requirements properly it wasn’t too bad – just very time consuming especially Q1. The calculations were straightforward as all info was there and no twists – just took soo long to do them!!!
Like most people say Q4 was ok. Just cost benefit analysis performance evaluation in terms of economy, efficiency and effectiveness (since public co) based on current systems vs proposed RFID system
Q3 wasn’t too bad either
Wasn’t really expecting the topics that came up but have long given up on predicting topics from ACCA exams – its just impossible & means we must suffer long hours of study to cover all topics and struggle to remember them in the exam
Will be interesting to read more of the comments that are posted
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I completely agree with you poolsharkes – he ignored the fact that we had hard sleepless nights studying and simple bullshits the figures!!lol 🙁
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I got roughly the same fugures, but still it could be wrong 🙂
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First time sitting this paper and really wanted to get up and leave the exam and go to the pub, it was a nightmare for me. Did q1,3 & 4, q1 was ok but very timed pressured and spent too much time on parts 1&11 had to rush the rest and didn’t managed to do part V of the question, where was RI or ROI and was about risk, EV maximin max max or maximin regret . I’ve worked so hard was so frustrated with the paper as it didn’t test my knowledge of the syllabus. 🙁
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The paper was not too bad. As always time management was crucial and assimilating topics, scenario and questions quickly is always a challenge. Did Q2 and Q4 and these were okay. Too many calculations required in Q1. Did not have time to have a real go at the planning gap part. Fingers crossed everyone.
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