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Task 1 (a) for the programme change proposed by the CEo, I used SAF model – report + communication skills required, then (b) was on remuneration of directors – exhibit gave proposals and we had to comment them (I think this one was an email and required sceptical skills), (c) one slide on what leadership skills are needed for the executive in order to support the change on (a), without professional skills mentioned in the task requirement.
Task 2 (a) financial and non financial measurements on 2 sites were given and we had to comment on reasons and implications, calculations were not required, they were already done. – report with analytical skills if i remember well. Task 2 (B) was on risk assessment and mitigation actions based in what was mentioned in the exhibit. Report with evaluation skills if I remember well. Here I got a bit panicked due to the remaining time, (1h left) as the system was really slow for me (home based exam, not the first time when it happens to be that slow) and I only commented on them (theft risk, absenteism, things like that) plus gave ideas of actions to be taken. However, after the exam I was thinking if TARA model should have been used here.
Task 3 was on the use of e-marketing, to obtain funds ethically. I was somehow thinking this will appear in the exam so I referred to few of the 6Is but also gave options to improve the website, reach new donors and keep the old ones.

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entertainment.

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I also think that the exhibit linked to big data was weird because it contained most of the info that you would include in the presentation. For the additional risks and how to manage them i mentioned crowd management, health and safety (first aid in case of dehydration, allergies or accidents), safety and protection of athletes participating, fire hazards and having enough exits and trained people to evacuate in case activity is inside, weather issues and having contingency plans, food poisoning and selecting vendors which comply with proper handling storage and preparation of food, recycling comprehensive policy and using biodegradable and recycling materials for a risk that would be linked to sustainability. It was the only topic that i prepared on based on the pre seen information, but i am not confident that it would be what they would expect

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I got value chain and intrapreneurship for task 1, benefits and problems when tendering for the championship organized by a public entity, additional risks and managing them for task 2 and task 3 big data. Don’t know what to really say, i was a bit surprised on task 1. I did it online, from my home and the system was crap. i have very good internet and I do not think that my laptop would be the issue, i think it is rather the system used by them. it was loading extremely slow, had to click several times on next, it was really hard to copy paste, as it had delay. very annoying.

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First attempt, passed with 68.

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I got the same but q2 ethics was 12 and 8 points for segment reporting.

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Pass. 75% first attempt

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Hi! Yes, I did. I Said it would be taxable benefit so she will be taxed for it, and company will pay class 1a nic. Class 1 nic employee and employer not affected. ?

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Thank you very much! Really helpful 🙂

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Section C:
1. Factoring with recourse and early payment discount offered to customer.
2. NPV, IRR, payback period and ROCE. (without taxation)
No WACC, no EOQ, no Baumol model, no Miller-Orr…

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I studied using BPP ebook and each time I was reviewing the answers at the end of the book I was feeling overwhelmed because my answers were much shorter than the book. But I understood it’s normal to be shorter but clear, as you don’t have time to write a novel in the exam.
I didn’t like this subject at all, I hated it while studying but I planned the study as well as I could and I practiced a lot, more than with any other exam I had before. Practice is really important here because you cannot learn by heart the answers. I didn’t want to redo it, so I tried to do my best.
Audit risks will always appear on this exam (it was mentioning in a debrief also) so they are important. For me, while studying, controls seems to be the easier, but I struggled a bit during the exam. Substantive were the hardest for me, as I didn’t had the time to study them more and they also appeared in the exam. So, everything is there, there is nothing more important than other.
For the time study, I dedicated about 3 months, but approximately 1 and a half was of intensive study (3 to 4 h/day as I am also working full time).
There is a post on this forum about someone who passed with 85%. I read it twice, and I would recommend it.
Ah, and don’t practice on paper. Use the computer, use excel, word, whatever you want but not paper. (i am a paper writing lover but it’s important to simulate the exam as much as possible, to count the time you spend on questions…)

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First Attempt 71%.

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first attempt, 68%. compared to other exams, this time I focused on section C. Dedicated most of the time in the exam to this section. Section B in my case was with lots of theory on assets and this helped me to pass through it faster.

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I had the same impression about that Operating margin of ABC.

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i would go for the way how is it calculated in the BPP 2020. if you go to the videos we have on this website with the explanations, the tutor who is doing the videos on the chapter for revenues, explains how to calculate the profit in the following way:
total revenue: 5000
total costs (incurred, estimated).= 2300 + 2100 = 4400
profit = (5000-4400) * 50% = 600 * 50% = 300
this result is the same as provided by BPP 2020

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MiriamApollo wrote:Hello Mike,

hi! i had my LW-GLO yesterday, remotely and I also found the questions tricky and different from the way they were in the Revision kit of BPP. while with the questions from the revision kit and i-pass i always got more then 85% in the exam i got 71. Good that i passed and in the end it’s more important to know what i learned for myself, but i was surprised.

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For CBE LW GLO version there is no question where you have to type the answer. you only have to choose the correct answers from the available options.

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First attempt. 52.

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I also got the payoff table in section C questions and the performance analysis as second question in this section.

The payoff was so confusing… I’ve done some calculations but I am not sure.

For the profit calculation I took into account the contribution (calculated based on selling price and variable costs) and both distribution and fixed cost.

For section b I got ABC question, rolling budget and linear programming – pretty ok, from my point of view.
section A was pretty weird, and at the beginning I was worried about the theory questions from this section and I was thinking that if all the exam will be so confusing it will be a mess, but things improved so I hope I will pass. we’ll see in January…

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