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Hi
Do you think there is much chance of strategy lenses being in the exam? I don’t think it has been much previously.
Also for costing, will this likely be a small element of the exam? Would we have to much calculation?
Thanks
Strategic lenses came up in the first exam (Dec 2007) and not since, I think. You might as well know what they are.
Costing is likely to be small, but could ask you to perform, for example, total absorption costing and hence a selling price via the cost plus method. Simple activity based costing could be asked too., but nothing too complicated.
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