It seems that the examiner has strong motivations to set a linear programming problem in a decision-making question, including shadow price and slack. He had made some discussions in the student accountant.
The other indications are also quite obvious in his examiner report for Dec 2007,
- Target costing, he said he has some urge to set in future papers probably because he is shocked that a number of students did not study that section the last time round. ABC costing seems to be a bright prospect given that at least 25 marks should be on cost accounting.
-Financial and non financial indicators for company or divisional performance measurement seems probable for another 25 mark stake.
-Variance analysis. The last time he set a 12 marker on sales variance with market price and volume variance. Budgeting takes the rest of the weightage of that 25 mark question. So maybe he would like a mix and yield variance OR a sweet learning curve effect for labour variances since he has not set it since the last pilot paper. oh btw, q1 and q3 of the pilot paper are derived qns (ABC and learning curve qns), so you should not expect that his type will be similar to them.
Closing statement: Mr Cordwell seems fond and commited to setting story-based questions, and some beautiful clues lie within them. Take time to relish the reading experience and extol the facts in your answers. You will be rewarded. After all, you are given 15 mins extra reading time. Past old format questions differed from his style, in that they are straightforward in discussion of the concepts. Mr C. believes that the student should read a case study and then apply the concepts. He likes your interpretation, so make sure it makes sense. Then again, you will be rewarded.
F5 Advise Plz
Linear Mode
