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This subject has to be the most weird subject in any certification.
Q3 seemed really simple but it wasn’t :/
@rawfay, Q3 really looked simple until u got to part B!
did anyone feel that in question 1, the first two requirements were almost similar!!? i ended up writing things for part (i) which was asked in part (ii) and then when i read part (ii) i went beresk!how do u calculate anything apart from waste cost and quality cost?!
Third attempt and this was the worst of the lot.
Just could not calculate anything in Q1 and what on earth did it want me to recalculate?I know ACCA do not reveal examiner names anymore but does anyone have any info or educated guess on when the next new examiner will take over for P5?
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Very time pressured.
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Time was a major issue. We are required to provide more detailed answers. I think we needed more time…
@kth056 said:
@rawfay, Q3 really looked simple until u got to part B!
did anyone feel that in question 1, the first two requirements were almost similar!!? i ended up writing things for part (i) which was asked in part (ii) and then when i read part (ii) i went beresk!how do u calculate anything apart from waste cost and quality cost?!
I don’t know exactly, but measure of productivity was given as operating margin. Although not wrong, but it was better to use the keyboard per minute measure..which was given. A figure for previous year production was also given so you could also use the increase in productivity.
Rest all seemed appropriate to me. Calculated the waste and quality cost..thats it.
Q3 – I also think it would be more easier! Messed up with calculations.
But that is my fault – my preparation was very poor 🙁I didn’t use all of the performance data for measures in Q1, as only 4 quality, delivery, cycle time, waste relates to operational performance?
Paper was
Q1
Performance Pyramid – 8
Calculation & Evaluation – 12
Non Financial Indicators Reliability/ Sources – 8
ABC Costing – 6
Strength and Weaknesses of Incremental Budgeting and ABC Budgeting – 12
Structure – 4Q2
Assess Performance using Fitzgerald & Moon measures – 15
Improvement using real time data, external data Integration – 10Q3
Stakeholder Analysis & Risk – 10
Project Option, Expected Value/ Probability Estimates and Risk Evaluation of Stakeholders – 15Can anyone post the possible solution for Q3 part 2? The expected profits were already given so the costing detail in the scenario was pretty useless except that each item unsold would require additional $5 to sell.
May be we had to calculate the losses after costs of these unsold items? But how?
Even part A of question 3 was not easy because it talks about risk appetites and performance management. When I saw “stakeholders” I jumped into it, and by the time it dawned on me that it is something else, it was too late to choose another question.
But when are they changing this examiner? He must be a real saddist
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It was my second attempt. Last time in december i got 47%. This time i was completelly lost with those questions. I needed sometimes to read question several times and still some of them didn’t get. I know all these theories and models by heart, but i really think acca need to reconsider approach to this exam. I can’t believe that people who completed previous 12-13 exams are stupid and not able to pass this one. Pass rate extremelly low and this last exam for some students is the barrier from get certified… Doesnt make sense…
@izabolotna I agree, exam technique I think is good second attempt for me, have done whole revision book of practice questions, revision course, k ow the syllabus, got 40% in DEC, I don’t think I will ever walk out p5 feeling confident!
@illmaqe, absloutely agree with u! i barely had time to read the scenario for q3 and jumped straight into interest and power! and then i read the appendix a which has already listed all the stakeholders and i went like bam in the face!
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Hi all, it was my first attempt on P5.
Can anyone tell me how did they do Q1(iv) , its about the calculation of abc costing ?
I went on to do Q2, i tried to explain the performance indicators with the 6 subsheading on Dimension for moon model.
The part B was difficult with the unified thing. i didnt understand a thing and what to write for 10mks !I choose Q3 ! i went on to draw MENDELOWS MATRIX and explain them via it. After that i remembered i completely forget about the risk appetite… i went on again to tell if they were risk averse, neutral or seeker… don’t know if its good.
Q3(b) – Dude, i didnt know wat to do, i went on to calculate profit for each Demand of 20k, 25k and 30k… And then i explained it with these figures..I really don’t know if i have done enough to secure a pass 🙁 🙁 , it was time constraint. When u need to understand the case study and then understand the requirement and then try to see what to calculate and what to write … Wow…. it was the 3hr 15min the most rapid of my life ! lol
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I’ve done so well in the other papers, got through them quickly. Passed P1, 2 and 3 first time and P7 on my second attempt. For the life of me I cannot seem to get over P5 the last paper. I have been trying for so long and it just seem to be getting more difficult. I am tired and frustrated and not sure what else to do.
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My third attempt too,, I think will change option now.. Among my last 2 sittings, this one was tougher.
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