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Exam Surgery

FEEDBACK FROM THE EXAMINERS


Management
Information
The syllabus for Management Information introduces
a number of costing and variance concepts that might
be unfamiliar to many candidates, along with an
introduction to budgets, elementary working capital
and pricing topics and decision making techniques. The
assessment is not simply calculation based as discursive
concepts are explored as well.
As there are a significant number of calculation
questions in the assessment you should practise using
the ICAEW-authorised calculators, if possible, and also
make yourself familiar with the discount tables that will
be available.
In the assessment you should expect a mix of questions.
Some are more complex than other, more
straightforward, questions
Some will take longer than others
Question order is randomised; do not be put off
if a complex question is near the beginning of the
assessment.
Be careful not to put yourself under any undue time
pressure in the assessment. If, after careful consideration,
you are not sure of the correct answer, you should
mark the question for review then move on to the next
question and not get bogged down. At the end of the
test, you can then go back and review any questions
that you marked for review.

Be careful not to put yourself


under any undue time pressure
in the assessment. If, after
careful consideration, you are
not sure of the correct answer,
you should mark the question
for review then move on to
the next question and not get
bogged down.
VITAL issue 42 October 2009 www.icaew.com/acastudents

When you have finished the assessment, you should


stay in the assessment room and check your answers,
especially the accuracy of calculations.
Most students have chosen to sit this assessment last.
Since September 2008 there have been around 3,000
tests. Results are good with 87% passing at the first
attempt. It is worth pointing out that candidates ignore
the discursive aspects of the syllabus at their peril.

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