Full examination assistance for Financial Accounting
Budget: $30 – $250 USD
Details from past exam.
MCQs (40 marks - worth 40% of exam)
The 20 MCQs were designed to test a full range of the syllabus, concentrating on areas not covered by the mini-scenario or the case studies.
Mini-scenario (10 marks - worth 10% of exam)
The mini-scenario was taken from Module 4 (Management Accounting) and provided a business scenario of a manufacturing company making one product. The 5 questions tested cost-volume-profit analysis and target costing.
Case Study 1 (20 marks - worth 20% of exam)
This case study was taken from Module 2 (Financial Accounting) and provided a scenario for the candidates whereby they were required to assimilate the financial information on three companies and to recommend, using appropriate financial analysis, which company would make the best investment.
Case Study 2 (30 marks - worth 30% of exam)
This case study was taken from Module 7 (Capital Budgeting and Investment Appraisal) and provided a business scenario for the candidates whereby they were required to demonstrate an understanding of net present value (NPV) in the given scenario, and then separately address which other projects to invest in from a given list using their knowledge of NPV and Internal Rate of Return (IRR).
MCQs (40 marks - worth 40% of exam)
The 20 MCQs were designed to test a full range of the syllabus, concentrating on areas not covered by the mini-scenario or the case studies.
Mini-scenario (10 marks - worth 10% of exam)
The mini-scenario was taken from Module 4 (Management Accounting) and provided a business scenario of a manufacturing company making one product. The 5 questions tested cost-volume-profit analysis and target costing.
Case Study 1 (20 marks - worth 20% of exam)
This case study was taken from Module 2 (Financial Accounting) and provided a scenario for the candidates whereby they were required to assimilate the financial information on three companies and to recommend, using appropriate financial analysis, which company would make the best investment.
Case Study 2 (30 marks - worth 30% of exam)
This case study was taken from Module 7 (Capital Budgeting and Investment Appraisal) and provided a business scenario for the candidates whereby they were required to demonstrate an understanding of net present value (NPV) in the given scenario, and then separately address which other projects to invest in from a given list using their knowledge of NPV and Internal Rate of Return (IRR).