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- This topic has 3 replies, 2 voices, and was last updated 3 years ago by John Moffat.
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- April 25, 2021 at 12:32 am #618768
Hello
There a number of difference issue i think i am struggling on in the FM exam, i have taken a number of time each time mark is between 40-49%.
1. Multiple choice questions where by i have to choose options which best answer the statement.
2, Valuation questions.
3. Dividend related questions.How can i improve on this.
Also in the March 2021 exam i noticed 2 things
1. First 5 MCQ’s were non calculations found the questions were quite tough to answer and were based on educated guess.
2. In the NPV question there was inflation however no unit price would still inflate sales by the inflation but after each year add another years inflation.
Eg – YEAR 1 – 1000(SALES)*1.05(INFLATION)
YEAR 2 – 1200 (SALES)*1.05^2(INFLATION) =?
OR
YEAR 2 1200 (SALES)*1.05 = ?
Which Year two calculation is correct as there is no unit price.Thanks
April 25, 2021 at 8:25 am #618795First, have you watched all of my free lectures? They are a complete free course and cover everything needed to be able to pass the exam well.
Secondly, have you got a Revision Kit from one of the ACCA Approved Publishers. They are full of past exam and other exam-standard questions for practice. It is essential that you attempt all of the questions before checking with the answers so as to learn from your mistakes.
Thirdly, have you attempted mock exams under exam conditions? There are three mock exams in the Revision Kit, and their are specimen exams to practice on the ACCA website.As far as March 2021 is concerned:
1. This is normal. As I make clear in my lectures, only approximately 50% of the exam involves calculations. The examiner is testing that you understand the subject and not that you have just learned rules.
2. I have not seen the March 2021 exam and so I cannot comment, although from what you have written it would seem that your first alternative is correct. Have you watched my free lectures on investment appraisal with inflation?June 10, 2021 at 12:03 am #624328Hi John
Yes i have watched all lecture on the website, thank you.
I have attempted all questions on the BPP revision KIT. I aim to go through the mock exams tomorrow under timed conditions to review how i have done.All the best everyoine.
Thanks
June 10, 2021 at 7:46 am #624371You are welcome
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