*** P5 June 2011 Exam was … Post your comments here and vote in Instant Poll ***

I felt that the examiner was asking the same things over and over…

@joe46 said:
Can someone please tell me briefly what the criteria for transfer pricing are as asked in the exam?

Overall paper was tricky and time pressured. But I hope to pass.

Q1 – lot of easy bits like RI,ROI, EVA, T/F pricing theory (difficult cal.), ERPS theory, report structure etc were the easy bits. Time well spent on these parts.

Q2 – I say lot of repetition and points were mostly picked from the question itself. Good time management here.

Q3 – First part easy, second part need bit of imagination on performance measurement – wasted few minutes thinking but eventually came up with some points while using info. from questions, part three bit confusing but wrote points how to F&Moon will help in improvements which I thought not bad in the end, lot of points to talk about in the questions.

At first instance part 2 and 3 looks dauting but later seems fine.

Q4 – during reading time i thought will do this, but when actually came to this questions was under time pressure and panicked could not able to thing anything. so just left it.

Q5- again at first seems difficult but there was lot of information was given in the questions itself.

part one – about cost which are carbor emmission, water recycling etc.
part two- need to talk about abc, life cycle and input about costing at strategic and enviormental level.
part three – bit tricky but eventually wrote few points in the performance measurement.

Oveall I think it was really time pressured and paniky exam, what was required is to keep cool and do what you know instread thinking about what you dont know. Time management I think is the key to pass, do not required high technical competence.

It seems that my self-confidence has reduced over time…After doing P5 paper, I thought that “Wow, it is good…”. However, after reading other friends’ comments and comparing that with my works, i delightfully thought that “I could pass with 60%…”. But now, when ACCA issued questions of Jun 2011, the probability of passing is…I dare not think more!!!

P5 June 2011 questions been removed from ACCA website. I viewed it yesterday though. Not sure why?

https://www2.accaglobal.com/students/acca/exams/p5/past_papers

Hi everybody 🙂
firstly, wish good luck to all of us cause we really need it!)))
not for the first time for P-level papers I can not read carefully all the questions within 15 minutes((( so I lost 5 minutes on it(((
i was stuck on transfer pricing in q1 trying to understand what the examiner said… so lost 12 marks and a lot of time for it(((
q2 – not bad but not good, and balanced scorecard is not my favourite)))
q3 – did not attempted because i could not remember these blocks: either they were not in my study text or in my head))
q4 – a present from examiner, but a little bit tricky in last part
q5 – i expected EMA, read the article. a & b parts were ok, but for ? i can’t imagine what I should write for 7 marks.. wrote two sentences.

hope for 50 marks:)

It was okay. though mixed up RI & EVA. But BCG, building blocks, balance score card are all topics actively used.

You hit the nail on the head tekte – It really is very disappointing as I am sure by now I must know this subject as well as the examiner but in exam conditions with the questions the way they were asked this sitting was to me beyond passing.
I just hope the examiner reads the comments left and takes them into consideration when setting the marking scripts.

Answers look reasonable or so different to what was asked?

Guys the examiner has put his comments up I’ve definitely failed