Section I - Multiple Choice (2 Viewers)

[Rafy]

Share your thoughts here

 

[JT145]

What did people post for the LIFO FIFO question? I had no idea...

 

[Lachyy]

What did people post for the LIFO FIFO question? I had no idea...

I put FIFO cos rising costs

 

[Lachyy]

1.d
2.b
3.c
4.a
5.a
6.b
7.d
8.d
9.c
10.d
11.b
12.c
13.c
14.d
15.a
16.a
17.b
18.a
19.d
20.d

 

[Pifty]

Yeah, lost 2 or 3 marks, one mark cause I thought sugging was illegal, one mark because I had no idea what the four week annual leave was legally under and one more depending on whether 18 is LIFO or FIFO. I put down LIFO thinking that profits will be maximised as they'll pay less taxes (gross profit will be less) but IDK, right now I'm thinking FIFO makes more sense as they'll make more flat revenue and thus higher net profits.

FKKKKKKKK I guess its probably FIFO but it depends on whether they mean 'net profit' or 'net profit after taxes' when they refer to maximising its profit.

I guess I'll stop thinking about it and go do Chem and Physics T_T

 

[thetoygang]

stupid ass. dis is why u rnt ranke 1

Yeah, lost 2 or 3 marks, one mark cause I thought sugging was illegal, one mark because I had no idea what the four week annual leave was legally under and one more depending on whether 18 is LIFO or FIFO. I put down LIFO thinking that profits will be maximised as they'll pay less taxes (gross profit will be less) but IDK, right now I'm thinking FIFO makes more sense as they'll make more flat revenue and thus higher net profits.

FKKKKKKKK I guess its probably FIFO but it depends on whether they mean 'net profit' or 'net profit after taxes' when they refer to maximising its profit.

I guess I'll stop thinking about it and go do Chem and Physics T_T

 

[zhusalmz]

sugging is illegal

 

[jasonz1c]

Did people put increase credit sales or sell assets and lease them back?

 

[Pifty]

stupid ass. dis is why u rnt ranke 1

Did u even get to the end of the paper u chink

 

[thetoygang]

16/20 for multi. fucked up real hard. idk if it was worth it anymore cause i skipped section 4 cuz we only had to do 3/4 sections.

Did u even get to the end of the paper u chink

 

[Lachyy]

sugging is illegal

No it's not

 

[ClassOf2013]

15/20

 

[nuzie]

ugh 15/20, thought it was the marketing approach not the selling approach?

 

[mrs_missile]

can someone please upload the paper

 

[sammie293]

What did people post for the LIFO FIFO question? I had no idea...

I did just in time
I don't know why...read the question wrong..

 

[Spiritual Being]

can someone upload the god damn paper

 

[nazina]

you sure 20 is d ?

 

[nazina]

i did fifo

 

[mrs_missile]

can someone upload the god damn paper

 

[liuque]

finished the multiple choices during reading time
hahahahalol