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Using models to answer questions

+4 Votes
Using models to answer questions

Hi All,

I'm getting into the question practice stage of my study and one area I'm finding a bit difficult is choosing when it's appropriate to refer to a model and include it in the answer and when to assume that knowledge of the model is known and just dive straight in to some application.

Does anyone have any tips on how they've used models to help answer questions as I want to make sure I don't miss any marks, but also want to ensure I'm not wasting time describing a model when I shouldn't.

April 15th 2014 AN ACCA USER 290 Points

4 Replies

+3 Votes

I'm just about to start my P3 question practice, so it's early days. But I'm just reading through the intro of the Kaplan Exam kit and it says...

Most questions will require you to use a model from the syllabus as the structure for your answer. You therefore need to be clear as to which model(s) are required in each question. If you cannot determine which model to use, it may be better for you to choose an alternative question.

Hope that helps!

April 30th 2014 AN ACCA USER 790 Points
+3 Votes

you guys follow these steps hope its works....
For single model questions (and in general)
1) purpose of model
2) detail evaluation (each unit in separate paragraph whether unit relevant information is given or not)
a) unit explanation (define,...but this is optional)
b)link with scenario (application this is compulsory)
c)general arguments (O,T this is also compulsory)
3)conclusion of whole model...

May 1st 2014 AN ACCA USER 550 Points 2 Flags
+1 Vote
The questions in the exams very, some may ask for a specific model whilst others would say using an appropriate model and others would be silent.

I am assuming you are referring to the latter. If the questions is silent then you don't have to use a model. However using a model will reinforce your answer. It will consolidate your answer and make you stay focus. It is a good practice to apply model. Describing the model alone is not sufficient. Linking the model to the scenario is what will score you the marks.

I hope this helps
May 6th 2014 AN ACCA USER 220 Points
0 Votes
Do you attend a P3 class..
May 6th 2014 AN ACCA USER 970 Points