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ACCA Paper P5

Advanced Performance Management in a Day

24 hours of questions June 2013

The time allowed is not the time to complete the question (thats 1.8 mins per mark) but is the time to do
the question and review it! The checklist column is for you to use to mark questions as done. There is an
emphasis on the questions set by the new examiner.

Question name Purpose of question/
area examined

High priority questions
91 Robust Laptops ABC and beyond budgeting 100 mins
22 FGH Telecom Data analysis in the context of environmental
management accounting.
50 mins
97 JHK Coffee
Divisional performance & transfer pricing 100 mins
Mock Exam
3 Q3
Application and discussion of the balanced
50 mins
65 APX Accountancy Application & discussion of the building blocks
50 mins
72 LOL Cards Value based management / EVA. 50 mins
81 RM Batteries Corporate failure with data analysis and z scores. 50 mins
Mock Exam
3 Q4
PLX Refinery Environmental management accounting - plan only 30 mins
Medium priority
94 Film Productions
CSFs and KPIs an unusual Q1 with no numbers
plan only
60 mins
92 RRR Beyond budgeting with numbers 100 mins
35 CFD Strategic models & CSFs factors. Plan only. 20 mins
7 Ganymede Benchmarking and the use of league tables 50 mins
73 BEG Application of the performance pyramid 50 mins
Mock exam
3 Q1
Mackerel Uncertainty & risk (i-iii) 70 mins
67 Amal Application of the performance prism 50 mins
34 Bluefin School Information controls over processing and reporting
plan only
30 mins
Mock exam
3 Q2
Albacore Performance measurement & reward 50 mins

Low priority
19 F4U NPV & risk 50 mins
95 Metis Financial performance measurement; importance
of short and long term performance
100 mins
Mock Exam
2 Q3
SS EVA calculations and discussion with stakeholders 50 mins
100 HFG Financial performance measures & benchmarking. 100 mins
43 SSA Transfer pricing 50 mins
45 LGHD Value for money issues. Plan only. 30 mins
51 T4UC A question on Six Sigma plan only 30 mins
71 SFS Activity based management. 50 mins
80 BPC Porters 5 Forces & performance indicators plan
20 mins
Total hours 24
What to expect on your Question Day
A Question Day is very different to a revision course. It is the final step in ensuring you are as prepared
as possible for exam success.
The objectives are two-fold: -
To experience real exam conditions and truly test how well prepared you are
To pinpoint specific improvement areas through 1:1 feedback from your tutor/marker

During the day you will: -
Be reminded of the key exam ski lls you need to pass your exam.
Attempt a full mock exam without a helping hand from your tutor - so you experience the real
pressures youll face in the real exam.
Get a true understanding of how good you are at time management and what you need to do
differently on exam day.
Receive a mark per question/in total along with specifi c feedback on practical steps you can
take to improve your performance.
Be taken through a full debrief of the exam, where you will be shown where the easy marks
were, pitfalls to avoid, how to interpret the requirements, and how best to plan and layout your
Have the opportunity to discuss your script on a 1:1 basis with your tutor/marker

You should come to your Question Day as if it were the real exam. At this late stage in your studies your
aim must be to fine tune your exam technique and how you apply your knowledge so come to your
Question Day as prepared as possible. This is the best way to ensure success in the real exam.