ACCA F5 Performance Management BPP Revision Kit

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ACCA Approved

Practice & Revision Kit

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2016, March 2017 and June 2017

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BPP Learning Media is an ACCA Approved Content Provider for the ACCA qualification.

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team, we: Discuss the best strategies for revising and taking your ACCA exams

ON Ensure you are well prepared for your exam

Provide you with lots of great guidance on tackling questions

Provide you with three mock exams

Provide ACCA exam answers as well as our own for selected questions

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FOR EXAMS FROM IN SEPTEMBER 2016, DECEMBER 2016, MARCH 2017 AND JUNE 2017

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Freebooks.pk First edition 2008

Tenth edition February 2016

ISBN 9781 4727 4437 1 (previous ISBN 9781 4727 2688 9) e-ISBN 9781 4727 4652 8

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We are grateful to the Association of Chartered Certified Accountants for permission to reproduce past examination questions. The suggested solutions in the Practice & Revision Kit have been prepared by BPP Learning Media Ltd, except where otherwise stated.

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AbouFtrtehies bProaoctkicse.p&kRevision Kit Freebooks.pk ACCA will start to transition F5?F9 to computer based examination (CBE), beginning with a pilot in limited markets

in September 2016. Students will initially have the choice of CBE or paper exams and as a result, changes will be made to BPP's learning materials to ensure that we fully support students through this transition.

This Practice & Revision Kit is valid for exams from the September 2016 sitting through to the June 2017 sitting and in this Practice & Revision Kit you will find questions in both multiple choice question (MCQ) and objective testing question (OTQ) format. OTQs include a wider variety of questions types including MCQ as well as number entry, multiple response and drag and drop. More information on these question types will be available on the ACCA website.

OTQ's will only appear in computer based exams but these questions will still provide valuable practice for all students whichever version of the exam is taken. These are clearly marked on the contents page as either CBE style OTQ bank or CBE style OT case.

In addition please note that the specimen paper based exam paper has been included as Mock Exam 3 in this Practice & Revision Kit. The questions in Sections A and B are MCQ only whereas in the computer based exam these sections will contain OTQs.

At the time of going to print, ACCA had not yet announced the proposed duration of the computer-based exam and

Freebooks.pk Freebooks.pk so all timings given throughout this Practice & Revision Kit are based on the paper-based exam which is 3 hours

and 15 minutes long. Time management is a key skill for success in this exam and so we recommend you use these indicative timings when attempting questions.

ACCA are recommending that all students consult the ACCA website on a regular basis for updates on the launch of the new CBEs.

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Freebooks.pk About this Practice & Revision Kit

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Contents FindingFqureestieonbs ooks.pk

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Question index ..................................................................................................................................................................v Topic index.....................................................................................................................................................................viii

Helping you with your revision......................................................................................................................ix

Revising F5

Topics to revise .................................................................................................................................................................x Question practice...............................................................................................................................................................x Passing the F5 exam ........................................................................................................................................................xi Exam formulae................................................................................................................................................................xiii Exam information ........................................................................................................................................................... xiv Useful websites .............................................................................................................................................................. xv

Freebooks.pk Freebooks.pk Questions and answers

Questions ..........................................................................................................................................................................3 Answers...........................................................................................................................................................................87

Exam practice

Mock exam 1 Questions.............................................................................................................................................................185 Plan of attack .......................................................................................................................................................197 Answers ...............................................................................................................................................................198

Mock exam 2 (CBE style) Questions.............................................................................................................................................................211 Plan of attack .......................................................................................................................................................223 Answers ...............................................................................................................................................................224

Mock exam 3 (Specimen exam) Questions.............................................................................................................................................................235 Plan of attack .......................................................................................................................................................251

Freebooks.pk Freebooks.pk Answers...............................................................................................................................................................252

Review Form

iv Contents Freebooks.pk

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QuesFtiroeneinbdoexoks.pk Freebooks.pk The headings in this checklist/index indicate the main topics of questions, but questions often cover several

different topics.

Questions set under the old syllabus Financial Management and Control and Performance Management papers are included because their style and content are similar to those which appear in the F5 exam. The questions have been amended to reflect the current exam format.

Time

Page number

Marks

allocation

Mins

Question Answer

Part A: Specialist cost and management accounting

techniques

Section A questions

1-15 MCQ bank ? Specialist cost and management accounting techniques

30

Freebooks.pk 16-30 CBE style OTQ bank ? Specialist cost and management accounting techniques Section B questions CBE OT case questions 31-35 Triple

30 10

36-40 Brick by Brick

10

41-45 Jola Publishing Co

10

46-50 Corrie

10

51-55 A Co

10

56-60 Cam Co

10

Part B: Decision-making techniques

Section A questions

61-80 MCQ bank ? Decision-making techniques

40

81-95 CBE style OTQ bank ? Decision-making techniques

30

Freebooks.pk Section B questions

MCQ case questions 96-100 BDU Co 101-105 Cement Co 106-110 Ennerdale

10 10 10

111-115 Metallica Co

10

116-120 Pixie Pharmaceuticals

10

121-125 T Co

10

CBE OT case questions

126-130 Rotanola Co

10

Section C questions

131 RB Co

20

132 The Cosmetic Co (12/10 amended)

20

133 Bits and Pieces (6/09 amended)

20

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59

3

87

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20

11

93

20

12

94

20

13

95

20

14

95

20

16

97

78

18

99

59

23

102

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27

105

20

28

106

20

29

108

20

31

109

20

32

110

20

33

111

20

35

111

39

36

113

39

37

115

39

37

119

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Freebooks.pk Part C: Budgeting and control

Section A 134-148 MCQ bank ? Budgeting and control 149-163 CBE style OTQ bank ? Budgeting and control Section B MCQ case questions 164-168 Crush Co 169-173 BBB Co 174-178 Ash Co 179-183 Birch Co CBE OT case questions

Freebooks.pk 184-188 Elm Co

189-193 Maple Co 194-198 Pine Co Section C questions 199 Mic Co (12/13 amended)

200 ZBB (12/10 amended)

201 Designit (12/12 amended) 202 Crumbly Cakes (6/09 amended) 203 Secure Net (12/09 amended) 204 Noble (6/11 amended)

Part D: Performance measurement and control

Section A 205-234 MCQ bank ? Performance measurement and control 235-244 CBE style OTQ bank ? Performance measurement and

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Section B MCQ case questions 245-249 Cherry Co 250-254 Jamair (12/14 adapted) 255-259 Stickleback Co

260-264 Squarize (6/13 amended)

CBE OT case questions

265-269 Alder Co

270-274 Apple Co

275-279 Box Co

Section C Questions

280 Biscuits and Cakes (6/12 amended)

281 Story

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Freebooks.pk 282 Hammer (6/10 amended)

283 Woodside (6/07 amended)

Question index

Marks

30 30

10 10 10 10

10 10 10

20 20 20 20 20 20

60 20

10 10 10 10

10 10 10

20 20 20 20

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allocation Mins

Page number Question Answer

59

39

122

59

42

124

20

45

127

20

46

127

20

47

128

20

48

129

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49

130

20

50

131

20

51

132

39

52

133

39

53

134

39

53

137

39

54

139

39

55

141

39

56

144

117

58

147

39

63

150

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69

153

20

70

154

20

72

154

20

73

155

20

74

156

39

75

157

39

76

159

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