[lewisbush]

@leedsy said:
There was a loan from a director to a company (usually it’s the other way around) – I went on about loan to a participator/close company , pay 25% to HMRC etc.

Anyone write something similar?

I wrote similar . Did anyone else write this ?

[lewisbush]

Just a few questions about todays exam of which I thought was hard.

The question on the annual input vat was this on about the annual accounting scheme ?

Anybody remember the questions ?

[lewisbush]

Yes suitable for exams up until June 2015. These are brand new and untouched . I have sent you a private message with my email so we can sort this out.

[lewisbush]

Do you want to buy these items ?

[lewisbush]

Yes it is still available and it is the practice & revision kit and the Study text. Are you wanting it ?

[lewisbush]

Will sell for £30 . Anyone interested ? UK postage covered within price!

[lewisbush]

So where abouts does each one fit in the BCG matrix ?

In terms of the outsourcing/ keep in house I accidently forgot to times my answer by 3 to give 8 hrs x 3 = 24 hours which is what they operated.

I therefore got keeping in house as my answer instead of outsourcing. Will I get follow through marks? (This came to $500 to produce in house and $600 to outsource.)

Really worried now!

[lewisbush]

@icedawn said:
i got $1500 for the cost if it is held in house. 24/8= 3 shifts, for ten people since TCG is using currently 10 people for the process, and $50 for 1 person for 8 hours. So 10 x 3 x 50 gave me $1500 per day as compared to $ 600 charged by TCG for the avg call of 600 per day</blockquote

What happens if you forgot to times the answer by 3 and therefore got $500 to produce in house and said it was cheaper than the $600 . Do you get nil marks as conclusion is wrong . I did say tht outsourcing is usually cheaper though ?

[lewisbush]

Hi

When is 4 exam sittings a year coming ?

Regards

Lewis

[lewisbush]

In terms of I ve written comment on an acca exam and it says I have replies but can’t see them ?

[lewisbush]

The more I think about this paper the more I get scared ! I ve put numerous hours of studying in and hope for the best ! The mocks and qbd day I had was nothing like the real exam ! Good luck everyone and fingers crossed for us all !

[lewisbush]

Unfortunately I failed P2 with 46 on my first attempt. Would love to know where I went wrong ! They should definately send your paper back ! Well done to those that got through ! LETS KEEP GOING TO THOSE THAT DIDNT THOUGH ! =)

[lewisbush]

Can’t believe the paper wasnt a cash flow or income statement so took me by suprise. On previous papers standard straight forward adjustments were on the sofp but not this one! 🙁 I talked about revenue standard in the electric/government adjustment. I hope everyone passes and if you know you ve tried your best you cant do anymore! :-)good luck all! Fingers crossed 🙂

[lewisbush]

@snowbored said:
[/quote]lewisbush said 19 minutes ago:

@arsal1991 said:
Indicators were highlighted in it

very easy question that was

I thought it said you had to pick indicators that said it is NOT A going concern problem??

Quote:

I hope not, because i dont think there were 6 indicators that there wasn’t a going concern issue.

I used the current/quick ratio deterioration. the increased inventory (slow sale, obsolete inventory possibly overvalued). and then the indicators such as slow paying and key staff leaving.

I was thinking all those factors at first ! Then thought the question was wanting something else. I knew i should have gone with first instinct.

[lewisbush]

@arsal1991 said:
Indicators were highlighted in it

very easy question that was

I thought it said you had to pick indicators that said it is NOT A going concern problem??

[lewisbush]

On the going concern question it was asking for going concern indicators that does not indicate going concern wasnt it?

[lewisbush]

Anyone else feel like there revision was wasted ??

[lewisbush]

I agree with everyone on here . This was by far one of the hardest exams i have ever seen. No real topics came up in the paper eg multi-profit graphs, throughput, regression analysis etc. This exam was very unfair and the questions set were very difficult. Q3 was ludicrous. I had to keep reading this over and over. I hope they do something with the pass mark for this exam! Good luck to everyone . Lets hope we all get 50 after that horrid paper!

[lewisbush]

I passed 2nd time with 50% . Thought i would get more but it seems alot of people are getting 50% ish? I wish everyone well with there next exams/ resits 🙂

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