PCR Exam

System
System Posts: 100,534 🤖 Admin 🤖
Hi im new to this forum, i have found it very helpful over the past week...just wondering if anyone has any tips on the memo sections?

H x :)

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Regarding which part of the syllabus?

    Paul
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Blabber on as much as possible! :lol:

    Personally before starting any written question (memo, e-mail, etc) I generally write down the points I want to make first on the question paper next to the question. The reason I do this is it just ensures I get every point across I feel I need to make whilst also giving my answers a better layout and read.

    For example on the June 06 exam, Task 2.2, question (a). I've just got next to it:
    what is a budget
    objectives of a budget


  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Our lecturer seemed to want us to revise capital budgets.

    So there is something to look at

    Paul
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Thank you for the tips....i will go and read up on capital budgets now.

    H :)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Haven't seen or read much about capital budgets at all so I hope that doesn't come up. Though basing on AAT's BTC paper anything is possible!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Its just explaining the difference between planning for capital exp, and operating exp I suppose.

    Paul
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    After mondays exam im very worried about pcr exam tomoz!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Why, what can come up that you dont know how to deal with?

    Paul.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Im confident with the production budget etc and flexed budget. But when it comes to the wordy questions i cant explain myself very well!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Well if you can do all your calculations ok, then thats a damn good start, Im sure you could pick up some marks explaining things

    Paul
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    This is really sad but i like the calculation bits! I just get stuck on how to explain what iv just done! Hopefully i can get a few points in and keep my fingers crossed!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Try and picture why you are doing it. If you was running a company and you had budgets prepared for you, what use would they give you? What information would you require to run the business better?

    I have to admit I'm quite similar though, I can do the calculations part fairly easy (and prefer that) but even in the text books I can never be bothered reading or remembering the text. It's probably because it's just boring!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    It never seems to go in! Read it over and over again but doesnt go in like the calcualtions do! You can practice the calculations but the wordy bit you just dont know what they will ask!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    I'll be honest here's what I'll be going into the exam with, whether it's enough is anyones guess (I have done A Level Business Studies though so I can blabber on about things..):

    - what is a budget
    - advantages/objectives of a budget
    - limiting factors
    - types of budget
    - trend analysis

    The rest I can't remember at this point but that's basically it I guess. You'll probably surprise yourself in the exam anyway and think of all sorts.

    I do recommend the BPP's passcards though, shame I haven't got one for PCR!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    I was looking through my text book at lunchtime today and seasonal variations caught my eye when I wasn't expecting it! So now I think they'll be in there! Not a big area but neither is life cycle costing.

    Good luck everyone.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    I mentioned seasonal variation in one of the PEV questions if I recall correctly!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    I don't think capital budgets will come up again so soon.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Apparently in the June 06 report it said that "capital budgets" was really poorly answered and will definately need testing again.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:PCR Exam

    Thank you for your tips....good luck tomoz!

    Hx
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