How was todays costing paper?
Its a lenghthy paper for me. I am not satisfied.
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Ipcc costing & fm nov. 2012
Replies (16)
it was easy for me..pls some1 upload answers of 2dyz pcc costng fm paper
Paper was easy but lengthy. I wasn;t able to finish.
that was happend to me also...... it was too easy but cant finished dnt knw why
Paper was very easy but lengthy and can't finish it in given 3 hrs
Paper was easy but lengthy.
time is not enough.
Answers pls
paper is easy or difficult than may 2012
Analysis-Paper 3: Cost Accounting and Financial Management
* Overall: As expected 32 marks theory (if any practical question left fully). All in all, ICAI try to cover the important topics but ignored Cost of Capital and Capital Structure, Cash Management, Receivable Management Budgetary Control, Process Costing, Operating Costing etc.
* Standard paper at IPCC level.
* ICAI asked
From cost accounting
Q. 1(b) - Labour Costing (5 marks)
Q. 1(d) - Material Costing (5 marks)
Q. ...
2(a) - Overhead Costing (8 marks),
Q. 3(b) - Contract Costing (4 marks),
Q. 4(a) - Standard Costing (10 marks),
Q. 6(a) - Marginal Costing (8 marks)
Q. 6(b) - Non Integral Costing (8 marks)
Balance marks for theory
From Financial Management
Q. 1(a) - Leverage (5 marks)
Q. 1(c) - Time Value of Money (5 marks)
Q. 2(b) - Ratio Analysis (8 marks) - Tricky
Q. 3(a) - Working Capital Management along with fund flow (12 marks)
Q. 4(b) - Capital Budgeting (10 marks)
Balance marks for theory
* Verdict: As per my opinion little bit lengthy paper. I can say ICAI maintain the professionalism this time. Difficulty level is "Above Average
Q. 3(b) - Contract Costing (4 marks),
Q. 4(a) - Standard Costing (10 marks),
Q. 6(a) - Marginal Costing (8 marks)
Q. 6(b) - Non Integral Costing (8 marks)
Balance marks for theory
From Financial Management
Q. 1(a) - Leverage (5 marks)
Q. 1(c) - Time Value of Money (5 marks)
Q. 2(b) - Ratio Analysis (8 marks) - Tricky
Q. 3(a) - Working Capital Management along with fund flow (12 marks)
Q. 4(b) - Capital Budgeting (10 marks)
Balance marks for theory
* Verdict: As per my opinion little bit lengthy paper. I can say ICAI maintain the professionalism this time. Difficulty level is "Above Average
No the question from ratio was not tricky, it was worth more marks :)
It should have atleast been for 10 marks in accordance with the time consumption.
Download the Solution of Cost-FM November 2012 Exam paper from the following link:
/forum/ipcc-cost-fm-nov-2012-paper-with-solution-226747.asp
yes It is time consuming paper, but it is the easiest one. practice only makes you consume low time
I found it lengthy..
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