FM*** September 2022 ACCA FM exam – Instant Poll and comments ***

Very tough exam! Section C's were investment appraisal and then Gearing / Interest cover. These were ok but multiple choice both section A &B killed me! I done so many practice questions & mock exams and did not feel the exam reflected the level of difficulty. Need a miracle to scrap 50% but will probably have to retake.

AG1999 wrote:Guys, I’ve accidentally selected the rebook option. What should I do now? Now I am at the payment stage. But there’s a message says if we don’t pay for the rebooking transaction, then our original attempt will be marked.

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AG1999 wrote:Did anyone got this question regarding green policies legislation?

Yes i did c and d ... I think c was about green house gases

This was also a repeat for me having failed on 48% in June, I thought this was an awful paper, section C no WACC at all in any section of the paper, you would at least have expected it to come up as a 10-mark question if it didn't come up in section C. It nearly like they want you to have to repeat. Section A and B I agree with most that half of the questions didn't even know what they were looking for. Spent more time trying to understand the question than answering. And although I did quite a bit on hedging the question asked was so confusing for 2 marks. I feel I have probably done worse in the one that the June one. Very disappointed overall. Not sure if I will repeat again. Thats how I feel today.

I got it. I assume it was the IT retailer.. no?

hotteto wrote:I got it. I assume it was the IT retailer.. no?

I did IT retailer too but when I got home so I think and maybe supermarket is the best choice. Retailer is known for its cash on counter sale so it is next to possible for credit sale for him.

same here. spent so much time trying to understand the question, failed June exam with 49.and was so confused with the question about short term long term finance and fluctuating current assets.

I got NPV of +170500... What was yours?

Same thing. I think I did Sec A too quickly that I have messed it. Sec B was fine Sec C was fine (not sure)

Did anyone got Dino Co gearing and interest cover question? If yes so can you please tell me was tax was given in that question? Because I remember I did not done tax adjustment.

CMCD wrote:This was also a repeat for me having failed on 48% in June, I thought this was an awful paper, section C no WACC at all in any section of the paper, you would at least have expected it to come up as a 10-mark question if it didn’t come up in section C. It nearly like they want you to have to repeat. Section A and B I agree with most that half of the questions didn’t even know what they were looking for. Spent more time trying to understand the question than answering. And although I did quite a bit on hedging the question asked was so confusing for 2 marks. I feel I have probably done worse in the one that the June one. Very disappointed overall. Not sure if I will repeat again. Thats how I feel today.

Stay strong buddy, you did your best and thats all matters now I am in a some what similar situation, this is my resit for June - 43 marks ... this time I really did study every thing .. I was so ready for the exam and I though I will score at least 60 marks .. until I saw the exam now I just hope to get passing marks. and yes the June exam question were fair and understandable, in this Sep exam looks alot of people are suffering from not understanding the question.

AG1999 wrote:

AG1999 wrote:

AG1999 wrote:What was the answer for Optimum Replacement Cycle? I got 219020 (Using discount rate of 10%) Question was mentioned to calculate to nearest dollar. Did anyone got this question? This was the question from Section A

Yes, I got 209020.

Did anyone got Financial Gearing and Interest Coverage question of Sources of finances in Section C?

In regards to the Mock Exams I have done the 3 free ones on ACCA Website and One Mock from Acca where did you get the other ones as I need to do more of these in case I didnt do well

Hey, yes, I got this q, together with NPV as a second q in Sec c. I though this question was very similar to La Forge from the exam kit, different requirement though. The q asked to comment on whether the company should choose to get loan or rights issue (right?) base don calcs in previous parts and other relevant calcs? Did you go to calc EPS for the loan and rights issue? I didn't and now think that maybe should have ..

@isabella1 I was replying to you :)

justynamalz5 wrote: @isabella1 I was replying to you

I do not think so that we were able to find Shares. We were only given equity and amount to get from Finance. We were not given TERP or issue price to find shares after issue. Do you remember how you found number of shares through right issue?

Do you get the negative or positive NPV ?

I also got the positive NPV?