F5绩效管理体系审查报告2007年度版.pdfVIP

Examiners’report

F5PerformanceManagement

December2007

Generalcomments

Theexaminationconsisted,asexpected,offour25markquestions,withthebalancebetweennumericand

discursivemarkskeptinlinewiththepilotpaper.AsopposedpaperF2,candidatesshouldbepreparedforthe

interpretationofperformancedatainthispaper.Therewasnoevidenceoftimepressurewithmostcandidates

completingthepaper.

Thereweremanyverygoodscriptsproducedbythewellpreparedcandidates.However,havingpersonally

moderatedeverymarginalcandidate,Icansaythatmanyofthosethatfaileddidnothaveknowledgeoftarget

costing,didnotunderstandbudgetrevisionsandcouldnotinterpretsimplefinancialdata.Thedecisionwhether

topassmarginalcandidatesornothingedontheanswerstothesequestions.

Thelayoutofquestionswasmixed,withtheweakercandidatesproducingmessyandpoorlylaidoutwork.

InthecommentsbelowIrefertoweakercandidates.

Question1

AtthelastACCAteachers’conferenceitwasmadeclearthatthemanagementaccountingaspectofthesyllabus

isanimportantaspect.Thisquestionsoughtanunderstandingoftheprocessandbenefitsoftargetcosting,

togetherwithanappreciationofhowacostgapmightbeclosedbyanorganisation.Thelastpartrequired

candidatestobeabletocalculateacostofaunit(inthiscasearadio).

Mostcandidatesgainedatleasthalfmarksfordescribingthetargetcostingprocess.However,Iwouldhave

expectedanywellpreparedcandidatetopickupfullmarksforsomethingthatisafterallsimply“knowledge”ofa

coretopic.Asubstantialnumberofcandidateshadverylittleideaastowhattargetcostingis,optingtoguessin

alargenumberofdifferentways.Thissuggestsmostcandidateswerenotpreparedforthis.

The“benefits”oftargetcostingwasle