DFS section 2

System
System Posts: 100,534 🤖 Admin 🤖
edited June 18 in AAT student discussion
if question 2 on section 2 scored no marks whats the chance of passing?
Any comments much appreciated :?

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    Depends on the rest of the section.

    Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    which question was it? You should try and answer every single question, even if its just a best guess so im told
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    i got all the ratios and comments in for question 1.
    question 2 was the accounting equation which i had a memory block and couldnt think of it. you then had to exlain how each part of the equation effects profit.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    what did you put then?

    Assets - Liabilities = Equity
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    something stupid like working capital= shareholders funds + reserves i think
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    I got the equation right, and because I read the book 10 times over reckon I got the descriptions word for word, shame I failed section 1 then eh!!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    why you fail sect 1?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    complete mess up on cash flow, and proefit from operations reconciliations...:(
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    i messed it up to, but apparently you get loads of marks just for knowing which figure you are supposed to be reconciling to
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    how did you do with rest of sec 1?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    Alright apart from them 2 I think, consolidated balance sheet I think was okay and the rest was great, journals, income statements etc... Section 2 seemed okay too??? But them 2 questions have failed me Im sure!!
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    if everything else went well and you managed a couple of right figs on cashflow & rec then i think your in for a good chance of passing
    best of luck
    :)
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:DFS section 2

    Thanks very much, not hoping for nothing suppose thats the best way...good luck too :D

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