Are the computer based exams going to undervalue the AAT?

I found this post somewhere in the net and she has a good point:
AAT Student wrote:I like the new computer based exams as I can choose exactly when I take them, rather than having the two fixed dates a year, so I can work through the exams one at a time at a lot quicker pace.
However I'm concerned with the new computer tests being multi choice that they will be much easier to pass.
If the exams are easier more people will have the qualification and therefore level of the qualification is reduced. This means eventually everyone will have the qualification and it won't mean as much to an employer, which means for the amount of work you put towards the qualification you may as well have gone for a degree in accounts as it would look better on a CV....which lets face it is the main reason for doing the qualification in the first place.
We shall see what happens, but there's no point in doing the AAT if it doesn't represent a high enough standard of education.
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The bookkeeping exam i did for the ICB was in parts, but you entered the figures as normal. So its not like you could pick an answer you thought looked right, you had to do the calculations.
I do like the idea of computer based exams, and also the ones taken in the higher levels are checked by an examiner, which leads me to believe that some of those questions wont be multiple choice.
I don't think this is necessarily a bad step for the integrity of the AAT qualification, as long as they don't make it daft like "if in doubt, always put C, and you still might get 75%".
I have faith in our glorious AAT leaders.
I don't understand how if you have used the right calculation's with the wrong figures how it can be right. Maybe it's just me.
I agree with you though I don't think it will undervalue the AAT. I like the idea of sitting the exam when I'm ready.
If you're working on a complex P&L or B/S, most people will get the final answer wrong, its the workings that will hopefully get you enough to pass.
An ACCA tutor said to me she didn't once get a B/S to balance, so what hope do the rest of us have
We've been told that too. Our first one's in December.
We did FRA computer based last year and I think it was probably easier than a paper based paper would have been, but I don't know what they'll be like this time - got my first tech. exam at the end of this month!