Rawhide PLC Professional Synoptic, any tips on securing a pass?!

francescasade12

Good evening all,

I have the Professional Synoptic exam on Monday. I am feeling completely overwhelmed m, the hardest unit yet. I have passed all my other AAT exams first time however I am already walking into this exam feeling like it could me a resit!

Any tips on securing the extra marks on the written Tasks?

soflynads

Hi, I'm resitting this exam (for the 2nd time) on Wednesday as well and honestly dont know how to feel about it. Going to send you a slide about the whole exam. I hope it helps!

Do let us know how it goes

Best of luck.

Rela

Evening , I’m having synoptic on Thursday🙈could you please send me slides too ☺️🤓
Thanks!

francescasade12

Thank you @soflynads much appreciated

AATstud

Hi, I will really appreciate if @soflynads send me the slides. I am resitting on Thursday.

VS1

I have exam on Thursday as well. Can you please send me the slide too. Any help would be appreciated. Thanks.

soflynads

Please see attached slides. @AATstud @Rela

Norvydas

Guys, use search function, search through forum there has been a lot of threads like this and people have given excellent tips on how to pass the exam & how to approach the exam!

nicole_cassar_27

@soflynads Can I please have the slides too? Would be greatly appreciated!

Dorota_1680

@soflynads can i please have the slides too? I’m resitting this exam on Wed thanks

Dorota_1680

@francescasade12 how did your exam go? I’m having a resit on Wed. What sort of questions shall i still revise for this exam to be able to pass?

Marshy77

@soflynads please could I have the slides too.

Raminta

@soflynads Could yoy please send me slides as well. Many thanks in advance.

Kim123

@soflynads Could you please send me the slides as well. It would be much appreciated.

soflynads

Please find slides attached.

soflynads

https://www.dropbox.com/s/y98qgqmslnvhziu/Pat sucess slides.pptx?dl=0 should anyone need it

Raminta

Does anyone has extra learning material on CBA that could share with me? First intuition books do not provide much info about it.

Vmazzo

What structure are we to use in task 3, where we have to identify the weakness and comment on how this can effect the company. Is this the question where they require you to use spam soap? I’m not too where I’m going wrong with this one!

VS1

@Vmazzo - Yes that's correct, you use SPAM, SOAP also don't forget the Payable/Sales/Payroll questionnaire (e.g is order form in sequential prenumbered form, 2 signature from list of approved signatory for Bacs payment, credit checks on new customers). Also keep an eye out for the wording of the question, if they ask you what effect does it have on certain aspects of the business then you need to link it to that, generic effects on the business won't help you get the marks,

Zedeldesire

Hi @soflynads could you please send me slide?

Many thanks,

sehrish

If any one been through the pre release material for AAt level 4 synoptic ?? Can someone help me to find strengths and weaknesses in Rawhide PLC??

NickCraggs

I am running a free facebook live session on this on Friday, on our Facebook page

https://www.facebook.com/firstintuitionaat/

Raminta

I really didn't expect to pass and thought that my answers were quite generic and I was repeating myself. I managed to get 81%, god knows how. I was concentrating heavily on released material and at the exam I panicked as none of the scenarios that I was preparing myself too came up. Task 2 had a similar layout to the examples, it's important to know the main things that you need to look for, calculate and explain your assumptions. Task 3 I found weirdly worded and felt that I was repeating myself non stop, but maybe that was the trick. As long as you know the main weaknesses in different departments you will be fine. Just look for them. Task 4 - relevant and non relevant costs were very important. Calculations need to be right in order to have a valid discussion and explanation. Task 5 - no surprises. Task 6 - I got CBA question, which I read about lots before, but the scenario was confusing and I couldn't really understand all of it. I think they mark you well if you justify your explanation well enough as there might be few right answers, so it's all about how you are going to prove that your answer is legitimate.
I am all done now and can't wait to get my life back!
Good luck to everyone!

Dorota_1680

@Raminta - RE. Task 2 that you have mentioned I just didn't find it to be in a similar layout to practice tests from Osbourne, BPP, Kaplan which I revised before the exams. What sort of calculation is needed for this task?

Staceydanielsx

Hi @Raminta well done! Must be the biggest relief everrrr!
Thank you for the advise.
Can I ask, what do you mean by relevant & non relevant costs. I haven't come across this yet. Thank you

Raminta

@Dorota_1680 I used First Intuition books for preparation. I needed to go through fixed budget and explain why it doesn't work in uncertain times, flex the budget by showing calculations and explain why this is more relevant. Have a look at differences between fixed and flexed budget

Dorota_1680

@Raminta Thanks

Raminta

@Staceydanielsx they could ask you something like - what costs would be included to build a new machine. You would need to know which costs would be relevant to build a machine and which ones are not. Irrelevant costs are costs that are not affected by the decision to build a machine. for instance sunk cost (existing premises) and fixed overheads (rent of premises). Relevant costs include differential, avoidable (hiring a new employee to build a machine), and opportunity costs. Hope that makes sense.

Staceydanielsx

Thank you @Raminta this is really helpful

NickCraggs

These are my tips as to how to pass this exam:

https://www.youtube.com/watch?v=TFK8eACPz9Y

Dorota_1680

Hi all! I just had my synoptic exam for a 3rd time and for the first time i had cost benefit analysis which i didn't come across in practice papers at all. Can you assist where to get some help on this question?