First Previous - Page 1 of 1 - Next Last

Mock exam for L3 manual

  • Fellow PM.Dip
  • Practice Licence
  • 117 posts
  • # 74241

I have just taken the mock for L3 manual and happily passed, but I had a few mistakes on the Robin Hood Bay and the Shirecoats Tennis Club Q's. 

I don't seem to be able to look a the questions now that I have completed it, just the final report showing correct answers and my answers. Does anyone know if it is possible to look back at the Q so that I can try to understand my mistakes?

Also - I never seem to get gearing correct, even when I have the formula in front of me.... for this Q I used L/T loans over Equity and reserves - 29%, but it was not correct. 

  • Member
  • Practice Licence
  • 31 posts
  • # 74265

Well done for passing :-)

I did this yesterday and managed to get th gearing correct it should be 22.37% you take the net profit 147000 over the current assets less liabilities 657000.

You should be able to click back to review your answers by viewing your results in the members area.

Just to let you know as I downloaded nearly every exam paper going that the last 2 questions are repeats of previous exam questions.

  • Member
  • Practice Licence
  • 31 posts
  • # 74305

Macksie said:

“Well done for passing :-)

I did this yesterday and managed to get th gearing correct it should be 22.37% you take the net profit 147000 over the current assets less liabilities 657000.

You should be able to click back to review your answers by viewing your results in the members area.

Just to let you know as I downloaded nearly every exam paper going that the last 2 questions are repeats of previous exam questions.”



Sorry this will teach me to give advice after sitting an exam its not Net profit but the long term loan you need to use at the top of this calulation!

Apologies for that!

  • Fellow PM.Dip
  • Practice Licence
  • 117 posts
  • # 74338

thanks Macksie, I found the report and was able to work through the mistakes. I usually make silly mistakes like misready the Q, forgetting to transfer something from my workings etc. But it wasn't time pressured so time to recheck work. I've now done 4 papers plus the mock, maybe time for another paper before Saturday. 

First Previous - Page 1 of 1 - Next Last
bottomBanner
loading