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This document provides a list of practice questions to help prepare for the ACCA Paper P2 exam. It divides the questions into three sections of 8 hours each: "must do", "should do", and "could do". Each section contains multiple questions on different topics from the syllabus, along with the time allotted for each. The purpose is to help review skills and topics through attempting questions and reviewing solutions. It also describes what a Question Day entails, which is meant to simulate exam conditions and provide feedback to identify areas of improvement prior to the actual exam.
This document provides a list of practice questions to help prepare for the ACCA Paper P2 exam. It divides the questions into three sections of 8 hours each: "must do", "should do", and "could do". Each section contains multiple questions on different topics from the syllabus, along with the time allotted for each. The purpose is to help review skills and topics through attempting questions and reviewing solutions. It also describes what a Question Day entails, which is meant to simulate exam conditions and provide feedback to identify areas of improvement prior to the actual exam.
This document provides a list of practice questions to help prepare for the ACCA Paper P2 exam. It divides the questions into three sections of 8 hours each: "must do", "should do", and "could do". Each section contains multiple questions on different topics from the syllabus, along with the time allotted for each. The purpose is to help review skills and topics through attempting questions and reviewing solutions. It also describes what a Question Day entails, which is meant to simulate exam conditions and provide feedback to identify areas of improvement prior to the actual exam.
This list of questions enables you to review key skills and syllabus areas in preparation for your rehearsal phase attempting a Mock exam or attending a Question Day and ultimately your Paper P2 exam.
You may have already completed some of these questions during your course but they are worthy of being revisited due to the knowledge covered or skills tested. Other questions may either have been set for homework or are new to you. To be fully prepared we advise you to plan to cover the complete list of questions but in recognising that time may be limited the questions are prioritised into must do, should do and could do categories each of 8 hours.
The time allowed is not the time to complete the questions (that's 1.8 minutes per mark) - it includes time for you to attempt the question and thoroughly review the solution. There is a checklist to review your progress.
Qn No. Name of Question Purpose of question/area examined Time allowed
Must Do first 8 hours of question practice 40 Ejoy Review this class consolidation question in the context of discontinued operations 15 mins 45 Ashanti Review this class consolidated SPLOCI question in the context of disposals and complex groups as a SPLOCI has not been examined for a while 20 mins 44(a)(b) Grange Covers acquisitions and disposals in the context of a statement of financial position. 90 mins 52(a) Warrburt Consolidated statement of cash flows good chance to rehearse a methodical technique. 70 mins Mock 2 Q1(c) Beth Covers environmental, social and issues which are key to this exam. 30 mins 8 Scramble Review this question on specialised industries. Good illustration of how the examiner designs these questions, combining issues from various parts of the syllabus. 30 mins 10 Macaljoy Review this key classroom question on defined benefit pension plans 20 mins 20 Aron Work through this key question on financial instruments 55 mins Q22(b)- (d) 14(b)(i) Margie
Panel Important questions covering different topics which can be examined on share-based payment 50 mins 13 Cohort Good practice on the challenging topic of deferred tax also helps technique in a common style of requirement. 50 mins 60 Jones and Cousin Good practice on the style of discussion question that comes up as question 4. The management commentary practice statement is new so is still a current issue. 50 mins
2 Should do next 8 hours of question practice 44(b) Ribby Work through this key question on foreign subsidiaries 90 mins 43(a) Bravado Review this key question covering business combinations achieved in stages. 60 mins 28 Engina Good practice in identifying related parties and related party transactions also a chance to try out your report-writing technique. 60 mins 56 Ghorse Excellent question looking at the effect of various accounting treatments on ROCE 60 mins 5 Key Useful practice of narrative and computational aspects of impairments, a topic that is tested very frequently by the examiner 60 mins 55(a) & (c) Carpart Tricky, but good question covering various standards, especially revenue recognition 35 mins 41(b) Traveler Analysis question on segment reporting 25 mins Mock 3 Q4(b) Jayach Fair value calculations 30 mins 1 Conceptual framework Review/complete these discussion questions on a topical area 60 mins 30 Holcombe (Leases) 17 Complexity (Financial instruments) Could do last 8 hours of question practice 3 Venue Read the answer to this discussion question on revenue recognition 20 mins 2 Accounting standards & disclosure Discussion question in the context of IFRSs bullet point an answer 40 mins Mock 1 Q4 Handrew Challenging question in the context of assets and their effect on ratios 60 mins 7 Johan Scenario question covering various issues 60 mins Mock 3 (D12 exam) All questions These questions came up in last time's exam, but take time to review them for technical points and to identify the examiner's latest style. 1 hr Mock Exam 2 All questions Test time management and exam technique 4 hrs Total hours = 24
Key: Online debrief or approach sheet document available
3 What to expect on your Question Day
A Question Day is very different to a revision course. It is the final step in ensuring you are as prepared as possible for exam success. The objectives are two-fold: - To experience real exam conditions and truly test how well prepared you are To pinpoint specific improvement areas through 1:1 feedback from your tutor/marker During the day you will: - Be reminded of the key exam skills you need to pass your exam. Attempt a full mock exam without a helping hand from your tutor - so you experience the real pressures youll face in the real exam. Get a true understanding of how good you are at time management and what you need to do differently on exam day. Receive a mark per question/in total along with specific feedback on practical steps you can take to improve your performance. Be taken through a full debrief of the exam, where you will be shown where the easy marks were, pitfalls to avoid, how to interpret the requirements, and how best to plan and layout your answers. Have the opportunity to discuss your script on a 1:1 basis with your tutor/marker You should come to your Question Day as if it were the real exam. At this late stage in your studies your aim must be to fine tune your exam technique and how you apply your knowledge so come to your Question Day as prepared as possible. This is the best way to ensure success in the real exam.
The Complete Project Management Exam Checklist: 500 Practical Questions & Answers for Exam Preparation and Professional Certification: 500 Practical Questions & Answers for Exam Preparation and Professional Certification