DFS 2006 - How easy was that exam?

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  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS 2006 - How easy was that exam?
    IrenaC wrote:
    I found the exam straightforward enough, used all of my time and had 15 minutes left for the quality check. Everything balanced and I answered all the memo questions.
    Had anyone else got the same figures as myself:
    Part 1- a). balancing figure is £100408
    b). balancing figure is £39290, profit was
    £833
    c). £407 - net cash increase, £7028 -profit
    from operations
    We all need luck for Taxation now !

    From what I remember those answers seem familiar. If anything it is the written IAS's and stuff I put Business Combinations IFRS1 and not 3... (remembered it was 3 when I handed flipping paper in) oh well no use worrying only time will tell.

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS 2006 - How easy was that exam?
    IrenaC wrote:
    I found the exam straightforward enough, used all of my time and had 15 minutes left for the quality check. Everything balanced and I answered all the memo questions.
    Had anyone else got the same figures as myself:
    Part 1- a). balancing figure is £100408
    b). balancing figure is £39290, profit was
    £833
    c). £407 - net cash increase, £7028 -profit
    from operations
    We all need luck for Taxation now !

    defo the answers i got! Really think i've passed this on, just ashame about business tax!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS 2006 - How easy was that exam?

    I totally agree about the journals too - threw me a little, forgot to do anything with the sales one (whoops) felt the exam was kind too, long though not many people left earlier at all.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS 2006 - How easy was that exam?

    Had anyone else got the same figures as myself:
    Part 1- a). balancing figure is £100408
    b). balancing figure is £39290, profit was
    £833
    c). £407 - net cash increase, £7028 -profit
    from operations


    agree with Pat1 a and c howevre I had balancing figure is £42437, profit was
    £3980.00 can abuyone tell me what I have included for 3147.00 that I obvoiusly should'nt have.

    Ps thanks to everyone especially petrolmonket and sandy hood in answering other peoples queries it really helped me a lot as they were questions I hadnt even thought of. Cheers all
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS 2006 - How easy was that exam?

    The £3147 was something to do with the first journal, was it adjusting the sales figure? Brain overload with all these exams!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS 2006 - How easy was that exam?

    You are welcome donions. I find these forums very helpful. Your answers sound ok to me.


    Have a good break everyone.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS 2006 - How easy was that exam?

    You are welcome donions. I find these forums very helpful. Your answers sound ok to me.


    Have a good break everyone.

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