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Principles of Accounting.... 7110

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So guyss,, how was the multiple choice paaper...???? was it easy
 
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Paper was tricky . But, I think I'll get maximum two wrong. Question 8 and 17. Many repeated questions, I'm glad I did past papers from all 3 variants. :LOL:
 
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i did paper 11 n it was awesome!(y):p
there were a lot of repeats
but i wasnt sure of 1 IA the rest r ryt
 
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Paper was tricky . But, I think I'll get maximum two wrong. Question 8 and 17. Many repeated questions, I'm glad I did past papers from all 3 variants. :LOL:
how u guys are being so sure... am just confused,, am thinking wot will I get...
 
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Had great doubts on that one - Are you 100% sure that's it????

*crosses fingers
i selected to locate errors.. cux i thought the person who is doing it might not find his mistakes,, so a more senior might find it...
 
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Wait wait!!!!
are you sure deter fraud is the right one?
i mean in the marking scheme, there's also to detect errors..... :( :( :(
yeah,,, i think it is the answer,, Locating errors is more likely.. as explained
 
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i selected to locate errors.. cux i thought the person who is doing it might not find his mistakes,, so a more senior might find it...
thought the same as well at first
but then thought about that very word 'deter' - which means prevent through fear
eventually an accountant would be 'scared' if a senior accountant is checking his work
also if it had been only to locate errors, another accountant of the same level could have kept the accounts
but since it accentuated on 'senior accountant' i thought it had to be something else i.e. deter frauds

but i'm really confused right now
at times my reasoning sound plausible and at times it makes no sense at all....
 
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