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Hi mike,
I just wanted to ask a couple of questions 🙂
1)if I use the wording profit and loss or balance sheet in the exam instead of international terminology (int varient) will I lose marks?
2) if in my workings I say treatment, such as debit asset credit revaluation reserve and its correct and the amount is, but I forget to put it on my sfps would I still get the mark or all or will I lose it completely.
3)as with p1 (theory questions) if I write something relevant that is not like the ‘correct answer’ but is not wrong will I be given marks or do p2 answers have to be same as ideal answer,?
So nervous for tomorrow!!
Thanks for the help
1) I doubt it – the ACCA is looking for technical ability, not your ability to keep pace with the rapid and frequent changes in the nomenclature of the financial statements – or should that be financial accounts?
2) you will most certainly get the mark but I assume that you wouldn’t actually write out on your exam paper “debit asset credit revaluation reserve” would you? What’s the matter with Dr TNCA Cr Reval Res?
3) there’s NO WAY that in any exam for whatever discipline (Law, Medicine, Architecture …..) that any written answer will EVER be identical to the examiner’s own answer. If you have written something that is relevant, markable, apposite and sensible then of course you will get the mark
Good luck tomorrow, apply all the exam technique tips that you have grown up with, allocate your time, keep your workings neat, ordered, legible and well spaced out and, finally, ……..
……… stop worrying! It’s not achieving anything!
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