Credit control exam

zippi

Just wanted to know if anyone who has sat this exam managed to pass first time. I have this exam in a fortnight and we have just finished chapter 5 yesterday but not managed to do any practice papers. I had a go for the first time but found task 5 especially long and complicated to understand. Task 7 is also quite long but not too bad.

Any advice is welcome, thank you.

ImInMediaYeah

Hi zippi.
I took the Credit Control exam for the first time on December the 15th, so the result should appear any day now! That was after just over a month of study.
If your question gets few responses, I'll let you know how I do when the result comes out soon.

zippi

Hi ImInMediaYeah,

Many thanks for the quick response, I am awaiting my financial performance results too. I hope I've passed as the some questions were quite challenging. Did you find written questions in credit control ok in the exam? Good luck with your results, I am sure it will be positive.

ImInMediaYeah

Hi again, zippi
Good news.. I passed the Credit Control exam on the first try!
Any news on your Financial Performance result?

Back to trying to answer your question:
I did find the written questions to be little problem, but that was because of 2 reasons:
1) I was the only member of the class to be a native English speaker.
2) Credit Control is only 5 chapters in the BPP textbooks. That's the least amount of material to get to grips with out of any I've seen so far.
3) I had already done most of the level 4 modules. If you do enough of them, you get a better feel for what the examiner is looking for. You also notice certain things that regularly appear, such as the ratios. Having used them in 2 other modules (Statements & Performance) they were much less intimidating.

Therefore, how hard Credit Control is, in my opinion, depends on how many other level 4 exams you've already done.

zippi

Congratulations and well done to you! The only one apart from financial performance I've attempted so far is budgeting and I manage to pass that first time. I only started my level 4 in sept. 2014. No news on financial performance as yet but I am hoping to pass. I found easy ones hard and hard ones easy so really don't know, although sounds pathetic! I will just have to wait and see. Was statements exam ok, did you manage it first time?

Now let's hope I pass!

ImInMediaYeah

zippi said:

Congratulations and well done to you!!

Thanks!

zippi said:

...Was statements exam ok, did you manage it first time?

Usual caveats about random exam questions drawn from the database, blah blah blah. But yes, thankfully I passed Financial Statements first time.
It's good to know you've passed at least one other exam. Maybe you can do the studying/revision that worked so well for you with Budgeting and repeat that? That's how I've passed everything so far
Best of luck to you! It sounds like you've got what it takes!

zippi

Oh I'll take that as a compliment but don't know whether I've got what it takes. I do really have to work hard and put all my effort in it. No news on Financial performance, so can't really say! I will be really chuffed when I get through, fingers crossed! Thanks for all your advice, it looks to me as though you have got what it takes! Well done to you!

zippi

Finally got my financial performance results and I passed, hurray! Thanks for the encouragement ImInMediaYeah.