What Does the Examiner Really Tests in the F2 Exam

[Invoker]

Its impossible to remember all the 50 questions.But i do know what type of questions the examiner really focused on much.The main topic is overheads so gulls & guys if u want to clear F2 u should prepare the topic of overheads in very detail.In limiting factors be master in calculating per hour contribution or per labour hour or whatever the limiting factor is.In relevant costing classify different costs in different situations in the form of a diagram so that it gets stuck in ur mind & of course in the VARIANCES many students get confused believe me guys its only a piece of cake.Just use ur common sense after understanding what the variances really stand for & also clear the difference b/w marginal & absorption costing(especially the effect on closing inventory in both the methods).
BEST OF LUCK TO ALL.:spinny:

[Acid]

Hi,

No one is expected to remember all 50 questions in any ACCA Exam! You should thoroughly understand all areas in syllabus and practice past paper questions. F2 is a basic ACCA paper and therefore you have no chance of selective revision.

It is imperative that you understand budgeting, learn various formulas and try to puzzle and un-puzzle them up to understand what exactly the formulas are for.

Regards