Bpp tips:
Performance Measurement – questions are likely to include interpretation of given data and also a discussion of the value of or suggested non financial measures
• Budgeting – questions may focus on implications of differing budget approaches and their impacts on motivation. The conflict between ZBB and incremental budgeting is also likely to be explored
• Modern cost management techniques - are likely to feature frequently involving both calculation and discussion requirements
• Decision making techniques – particularly involving relevant costs, scarce resources and pricing decisions
• Variance analysis - particularly mix and yield along with interpretation of variances
Open Tuition tips:
Question 1
Written on target costing and ways of reducing costs
Activity Based Costing
Question 2
a) Divisional performance measurement (ROI and RI)
b) Non-financial performance measures
Question 3
a) Variances - preparation of operating statement
b) Possible reasons for variances
c) Discussion of purpose of planning and operational variances
Question 4
a) Linear programming
b) Discussion of uses of shadow (dual) costs
Myacca tips for D07:
Following are the Exam Tips by FTC Kaplan that are likely to apper in December 2007 sitting of F5 Performance Management.
- ABC
- Variance analysis, including mix and yield and interpretation
- Learning curves
- Performance measurement, including NFIs, the balanced scorecard and Fitzgerald et al
- Decision making
1 comment:
i must thank the http://opentuition.com for posting those tips
Those were so helpful
I would be happy if some one could upload the answers for the F5 questions in June 2008
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