ACCA Performance Management (PM) EXAM KIT

PM: PERFORMANCE MANAGEMENT P.2 KAPLAN PUBLISHING British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library. Published by: Kaplan Publishing UK Unit 2 The ...

PM: PERFORMANCE MANAGEMENT P.2 KAPLAN PUBLISHING British Library Cataloguing-in-Publication Data A catalogue record for this book is available from the British Library. Published by: Kaplan Publishing UK Unit 2 The Business Centre Molly Millar’s Lane Wokingham Berkshire RG41 2QZ ISBN: 978-1-83996-147-2 © Kaplan Financial Limited, 2022 Printed and bound in Great Britain. The text in this material and any others made available by any Kaplan Group company does not amount to advice on a particular matter and should not be taken as such. No reliance should be placed on the content as the basis for any investment or other decision or in connection with any advice given to third parties. Please consult your appropriate professional adviser as necessary. Kaplan Publishing Limited and all other Kaplan group companies expressly disclaim all liability to any person in respect of any losses or other claims, whether direct, indirect, incidental, consequential or otherwise arising in relation to the use of such materials. All rights reserved. No part of this examination may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system, without prior permission from Kaplan Publishing. Acknowledgements These materials are reviewed by the ACCA examining team. The objective of the review is to ensure that the material properly covers the syllabus and study guide outcomes, used by the examining team in setting the exams, in the appropriate breadth and depth. The review does not ensure that every eventuality, combination or application of examinable topics is addressed by the ACCA Approved Content. Nor does the review comprise a detailed technical check of the content as the Approved Content Provider has its own quality assurance processes in place in this respect. The past ACCA examination questions are the copyright of the Association of Chartered Certified Accountants. The original answers to the questions from June 1994 onwards were produced by the examiners themselves and have been adapted by Kaplan Publishing. We are grateful to the Chartered Institute of Management Accountants and the Institute of Chartered Accountants in England and Wales for permission to reproduce past examination questions. The answers have been prepared by Kaplan Publishing. KAPLAN PUBLISHING P.3 CONTENTS Page Index to questions and answers P.5 Analysis of past exams P.12 Exam Technique P.13 Exam specific information P.15 Kaplan’s recommended revision approach P.18 Kaplan’s detailed revision plan P.22 Formulae P.29 Section 1 Objective Test Questions – Section A 1 2 Objective Test Case Study Questions – Section B 87 3 Constructed Response Questions – Section C 145 4 Answers to Objective Test Questions – Section A 235 5 Answers to Objective Test Case Study Questions – Section B 287 6 Answers to Constructed Response Questions – Section C 323 7 Specimen Exam Questions 493 8 Answers to Specimen Exam Questions 511 PM: PERFORMANCE MANAGEMENT P.4 KAPLAN PUBLISHING Key features in this edition In addition to providing a wide ranging bank of practice questions, we have also included in this edition: • An analysis of all of the recent examinations. • Exam-specific information and advice on exam technique. • Our recommended approach to make your revision for this particular subject as effective as possible. • This includes step by step guidance on how best to use our Kaplan material (Study text, pocket notes and exam kit) at this stage in your studies. • Enhanced tutorial answers packed with specific key answer tips, technical tutorial notes and exam technique tips from our experienced tutors. • Complementary online resources including full tutor debriefs to point you in the right direction when you get stuck You will find a wealth of other resources to help you with your studies on the following sites: www.MyKaplan.co.uk www.accaglobal.com Quality and accuracy are of the utmost importance to us so if you spot an error in any of our products, please send an email to [email protected] with full details. Our Quality Co-ordinator will work with our technical team to verify the error and take action to ensure it is corrected in future editions. KAPLAN PUBLISHING P.5 INDEX TO QUESTIONS AND ANSWERS INTRODUCTION Following the introduction of the revised exam format, all previous ACCA constructed response (long) exam questions within this kit have been adapted. The specimen exam is included at the end of the kit.