ECR Nov 2004

System

I see from the posts that there may be scope for guidance here<BR><BR>I think my comments on the exam in June may be helpful copy and paste this link<BR>http://www.aat.co.uk/forums/messageview.cfm?catid=18&threadid=2674&highlight_key=y<BR><BR>I do not expect to see a process costing question this time, although something similar to 1.6 must be very likely<BR><BR>I do not expect a LIFO question so I'd say 60-40 in favour of FIFO (but 40% is a big chance for AVCO)<BR><BR>Breakeven must be worth serious consideration in section 2, as must a written explanation of the IRR method of capital investment appraisal<BR><BR>Look at both the previous papers for the way they are set out, but don't miss out key topics such as overhead analysis in section 1 or limiting factors in section 2.<BR><BR>I'm not expecting any shocks, but I recommend a comprehensive coverage of the syllabus. You need to know all the key areas afterall the exam is an NVQ assessment of knowledge and understanding.<BR><BR>Anyone who'd like my answer to the Jun 04 exam- email me rather than reply to this thread.<BR>I'll know more quickly and you'll get my answer quicker<BR><BR>sandy.hood@chichester.ac.uk