Accountancy Forum
The Mystery of Percentage - Printable Version

+- Accountancy Forum (https://www.accountancy.com.pk/forum)
+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession)
+--- Forum: Students (https://www.accountancy.com.pk/forum/forum-students)
+--- Thread: The Mystery of Percentage (/thread-the-mystery-of-percentage)



The Mystery of Percentage - zephyrrr - 05-12-2006

<b>No detailed reasons are required. Just mention that what percentage you would like to assign to each of following statement according to your experience.</b>

What percentage would you like to give the underlying statements to be true.

Statement 1 Just attempt 60% paper with proper details according to the core requirement of the question.

Statement 2 Attempt the whole paper or atleast 90% paper with very short points alongwith their short and breif narration i.e. just to express that what is it; and not how is it and you will pass the paper.

Note

As we know that in many questions it's just impossible to adopt the second statement because of the nature of the requirement of the question. Going through the comments of ICAP's examiners we often find that "Many students didn't bother to offer explanation...".


- maani - 05-14-2006

Depends upon the type of paper you're going to attempt...it'll not be easy to pass theoratical papers even when you have attempted the 60% in an excellent way...but papers like quantitative methods and accounting can be passed by attempting 60%, provided that you have attempted it accurately...for totally expression based papers like Economics,company law etc. i think an accurate attempt between 70 to 80% is required...
I attempted quantitative methods of around 65%,I passed Cost accounting of Mod D by attempting 59 marks paper (Allah ko hazir jaan k yeh keh raha hoon)...and I attempted 74 marks paper of Company Law and passed it...


- Pracs - 05-14-2006

Statement no.2 along with relevant details,. But I am sure it is not a good idea to go with an outset to attempt just 60% of the paper. You need to go in to attempt atleast 90% of the people. I know there have been instances of passing even after attempting less than 90% of the paper but that is only in a case where what you have attempted is actually all correct.


- zephyrrr - 05-15-2006

<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Pracs</i>
<br />Statement no.2 along with relevant details,. But I am sure it is not a good idea to go with an outset to attempt just 60% of the paper. You need to go in to attempt atleast 90% of the people. I know there have been instances of passing even after attempting less than 90% of the paper but that is only in a case where what you have attempted is actually all correct.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Dear Pracs

Okay, I concede what you said. Now what would you like to comment on the following question which has been asked in this attempt of Economics of Module(A)

Q Breifly describe the six instruments of Capital Market. (06 Marks)

This above question is the sub-question of the last question of the paper and it has more two sub-questions also carrying two and three marks.

What do you think that the examiner is just asking to define above six instruments. Not ! He is asking for breif description. And when the whole paper is set like that above, of what and how many questions a student would be able to give even as per your above reply "relevant detail". If you start giving breif relevant detail of each of above asked instrument; you need atleast half an hour. For else, you would have to just give one or two lines of each instrument and that might be "what they are" in general.

<b>It means, a student must have to acheive the speed of writing one page of examination answer sheet in just even less than one minute to cover the relevant details of asked question which are merely carrying one mark?</b>

As per my friends, a lot of students and my friends themselves, swear that they just attempted 55 or even less than 55 marks paper in Economics, and got passed in "B" grade. For this, they have shown me their grades sheet. Moreover, they were the students who were being failed again and again in ICAP in this paper. And they told me that they were trying to complete this extra-ordinary lengthy paper and due to which inspite of knowing each and every question; they were not only able to attempt the whole paper but also missed a lot of required detail which was necessary to gain marks.

After all getting ditched of it, they experienced to just attempt the marks according to their stamina ranging 50 to 60 marks near about but they provided enough sufficient detail alongwith proper explanations and required material and they got astonished that they had passed the paper.

So...........?


- Pracs - 05-16-2006

I must admit that I am no economist on the onset and it has been quite some time some ten years now since I wrote my Economics exam ! so do excuse me if I sound a bit un lettered. I think from the question that you reproduce the examiner is asking a little more than the defination, you need to define plus put in a line or two explaining how market instruments relate to each other and the marktet mechanism itself. I don't think one needs to put down merits or demerits of it.

I would however, recommend you to discuss it over with your economics lecturer or some thing or some one who has recently passed the exam.




- zephyrrr - 05-17-2006

Thanks again Pracs ! Inspite of consulting with other fellows on this forum, I found that discussing with you; I'm reaching to some proper conclusion which is not only going to help me in this paper but also for future exams. It may be wrong; but I'm really feeling that I would be definitely passing next exams continuously in first attempt.