T7 Exam

Today's paper: T7 Planning, Control and Performance Management

It rained even heavier today with lightning and thunder.

Today's paper was quite ok. Though I did not know how to do some of the theory questions..

Summary:
Question 1
(a) High-Low Method
(b) Standard MC
(c) CS ratio & BEP
(d) Variances
(e) Memorandum on variances

Question 2
(a) Limiting Factor
(b) Notes

Question 3
(a) Budget-between 2 alternatives
(b) Theory Question

Question 4
(a) Ratios
(b) Explain ratios
(c) Non-financial ratio - theory question

The hall after the exam

Two down, two to go...