ICAI SPOM COST Set B | How to clear SPOM in 5 days if never studied before? Exam Review

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List of questions asked in my exam
1. OEE 4-5 ques were there cal of idle labour hours. Complete OEE was given availability ratio was supposed to be calculated
2. What will the transfer price in case of transfer from division AA to division BB, division BB to division CC , transfer from division AA to division BB when AA has reduced its cost due to improvisation of process. 3 ques
3. International Transfer Pricing - What is the increase in the contribution if a division in foreign starts buying from division in India earlier it was buying from its country's market.
4. What will be the affect of tax on transfer price? Whether the transfer price is to be increased in the country with high tax or vice versa.?
5. Calculation of NOPAT & non operating profit
6. Calculation of Economic value added
7. Calculation of marginal cost,profit.
8. Calculation of capital employed
9. Calculation of ROI
10. Cal of penalty in case ROI increases the ROI established by Govt. (On the basis of case study)
11. Value for money framework- effectiveness, efficiency, economy- School casestudy similar to given in ICAI module.
12.Taglines were given- In which case Co is using cost leadership and differentiation. 2 ques
13. OTT Model - Subscription Model
14. Coupon is given under which pricing strategy- Promotional
15. Standard costing- 3 ques, variances were given , In the case study, Co has changed its pricing model. Which variance is impacted, related to sales variance.
16. Service Level agreement(This topic is in ICAI module only theory I could find but 2 calculation sum were there which i could not solve)
17. Porters 5 forces of model - 3 ques Case Study- A report has been generated by valuer, it has given impact of all 5 forces,
Which impacted the most. Which impacted the least.
18. Altman Z score- formula was given for non manufacturing pvt Co.
19. Altman Z score- what is X1 X2 X3 in case of manufacturing public co.
20. Altman Z score- which financial ratio has highest impact from all 5 ratios ( X1 X2 X3 X4 X5)
21. Argentis A score- which Co is under risk
22. Altman Z score- what is the qualitative factor it depicts- Ans as per me Bankruptcy of Co.
23. People+Planet+Profit leads to sustainability- Triple bottom line
24. Which of the following is not a performance report- GRI, ESG, Integrated reporting. And 4th option apart from these 3 was the answer.
25. Cal of manufacturing cycle efficiency
26. Cal of %age of non value added in whole cycle.
27. JIT 1 Ques -characteristic Eliminate defects as quickly as possible
28. Lean management-Characteristic
29. Takt time ques
30. Product life cycle- Product is in which stage
31. Block chain related ques - characteristic
Other important topics
1. Pareto analysis done
2. ⁠low initial price strategy is called? Penetration Pricing and pricing strategies
3. ⁠ESG full form
4.Transfer pricing ques which has fixed cost as well
5. Standard costing - market share & size
6. Own production or outsource
7. KANO
8.Throughput and bottleneck
9.5S sequence
10.Target costing
11.Trf pricing - cal of min and max price
12.Cost of quality
13.Digital technologies
14.Hyper competition
15.Incubators
16.Kaizen
17.McKinsey 7s
18.Balanced score card
19.Pricing policy profit maximization
#spom #exam #caexams #icai #cafinal #caaspirants #caarticleship #castudents

[@shubharthibardhan4721]

You are right .....I also scored 64 by this strategy....in my test 30% practical 70% Theory.

[@BrijeshYadav-pz7fk]

Thanks for your guidance ❤❤

[@Kahaani__..]

U r ryt depend on luck.. mere friend ne btaya that he got only 2 qsn of practicals and rest was only theory...

[@akshatpahwa1709]

Congratulations Riya 🎉 All the questions you’ve mentioned were asked in my exam also 😂 Specially that NOPAT question was quite tough

[@Riya.Yadav25]

Congratulations to you too! Ya I could not calculate those questions.

[@uditarora1972]

Very helpful✨⭐

[@SMAman-uv2ol]

After 4 revisions, I cleared SET B by scoring 62 marks, they asked very tricky questions in the exam ☠️

[@shivangijain674]

Congratulations riya👏👏 Today I also cleared got 54 n in mine also around 80% was practical. Studied around 5-7 days for scmpe.

[@Riya.Yadav25]

Congratulations to you too!✨️

[@nancysaini3648]

What u studied

[@shivangijain674]

@@nancysaini3648go through study mat only (all eg, illustration n test ur knowledge Q)

[@shivangijain674]

@@Riya.Yadav25 Thank you ☺

[@shivangijain674]

​@@nancysaini3648 study mat only, covered all illustrations n test ur knowledge questions

[@saloninaharcafinalist]

Same mere bhi 50 % practical tha and 50% theory

[@arpitkohlii]

Thanks for sharing✨

[@Riya.Yadav25]

You’re welcome 😊

[@anjalivijay6493]

🎉❤

[@vaibhavoza8400]

I got 78 in just 3 days And secured 52 mark's within 48 minutes

[@mushraf_cm]

Same mark same 3 days for me, that too first time studying scpm

[@vaibhavoza8400]

​@@mushraf_cm congratulations bro 👏

[@shynasoni5462]

Kya kya read kia tha...pls explain

[@vaibhavoza8400]

@@shynasoni5462 bro all ch. Except trf pricing, std costing nd ch 1 intro

[@namratabana882]

@@mushraf_cm how u study , from where

[@Chetan0730]

Following ur law strategy n clear with 66 marks yesterday

[@ayushichouhan4615]

Very informative!!❤

[@rohitremesh7830]

thank you boss

[@princekumar6098]

no need to see revision lecture just do recurring concepts it covers 60-70% I do in two days and donesome general reading of definition and got 62

[@SangitaGore-d3o]

In my hall, near 25 student pass out of 30. And I got 68 marks in scmpe. And law 56. By 7 days study. Frankly speaking read question of last test which are available on KZbin PDF file, focus more on question of last test which are ask in exam, no of repeated question you will see. And read 2 times module more than sufficient. Thank you 😊 hope it will add value, last test question must, Thank You.😊😊🎉🎉❤❤

[@dishasharma5610]

Which pdf can you provide me that pdf ? @SangitaGore-d3o

[@amanmiddha2039]

Informative ❤

[@Riya.Yadav25]

@@amanmiddha2039 Thank you Aman 😊

[@ayush.pareek]

Mic use karna na yaar agli baar, voice bht low sun rahi hai.

[@AnkitaSingh-ir3zl]

Congratulations Girl ☺

[@Riya.Yadav25]

Thank you Ankita!

[@SureshKumar-ww6ib]

Thank you

[@Riya.Yadav25]

You are welcome!😊

[@deepakchhabra3193]

Good

[@gannavlogs]

aapke kitne marks aaya didi?

[@shubhamagrawal5427]

I also cleared my scmpe spom exam on 9th june with 54 marks.

[@Riya.Yadav25]

Great!

[@RresfYyret]

I am starting SCMPE from scratch . Is atul agarwal concept book along with revison videos enough to pass the test? And are 8-10 days enough?

[@Riya.Yadav25]

@@RresfYyret I did from Module only do don't have idea about his book. And I did in 5-6 days so ya you can.

[@SureshKumar-ww6ib]

28 wala kesa lean management

[@SAA_1585]

Could you pls tell us the answers of transfer pricing question ?…

[@Riya.Yadav25]

Ques 2?

[@SAA_1585]

@@Riya.Yadav25 Yes

[@Riya.Yadav25]

@@SAA_1585 Even I am not sure , I did cost+ markup in all 3 , but after discussing with other people they were giving mixed answers. Dual pricing rates , controllable cost can be the answers. You will have to check types of pricing strategy from the Module.

[@SAA_1585]

@@Riya.Yadav25 thanks for giving reply…😊

[@user-jz3my4pw2x]

​@@Riya.Yadav25 pls tell the ans of ques 3 and 4 also??

[@vijaykumargupta200]

Keep advising ca student in future also.

[@Riya.Yadav25]

@@vijaykumargupta200 Sure Sir 😊

[@RA-1351]

how many days u gave for preparation , hav u solved all practical ques or only mcq

[@Riya.Yadav25]

Roughly 5 days , solved mostly all illustration and back ques of module. And ICAI Portal MCQs.

[@SuMANth1604]

​@@Riya.Yadav25Are this enough? For exam

[@Bagganoor]

What type of practical ques are being asked? Should I solve all the icai mod prac ques?

[@Riya.Yadav25]

Yes, solve all the ICAI material ques, that is more than enough, vaise he ques are coming.

[@Riya.Yadav25]

And if you feel bahut zyada hai toh you can skip some back ques but cover each and every illustration and examples .

[@mantashachhipa9781]

Can u plz let me knw where is AA division to BB division transfer pricing question?

[@Riya.Yadav25]

@@mantashachhipa9781 Refer to types of transfer pricing rates dual transferring, controllable uncontrollable prices, market rates, etc.

[@swatinadhani2613]

Mam aap ek costing ka chapter module se karne me kitna samay lagta hai average... please reply

[@Riya.Yadav25]

@@swatinadhani2613 See every chapter is having different number of pages so if you combine in that way for ex 2 chapter of module 1 and 1 of module 2 , total 3 chapter in a day if you are studying for 7-8 hrs a day, this way you will be able to complete all 13 chapters in around 4 days.

[@swatinadhani2613]

@@Riya.Yadav25 thank you mam

[@ishikagupta4561]

How long does it take to prepare for exam I have 4days, will that be sufficient to start from scratch?

[@Riya.Yadav25]

I did in 5 full days and felt it was more than sufficient. You can start with topics mentioned in description first and if then also time is left then you can cover rest of the portion.

[@mushraf_cm]

More than enough, i had 3 days and i got 78

[@arunkumarbashetty9585]

For first time preparation?​@@mushraf_cm

[@Studyhub2710]

Is Costing easier than law?

[@Riya.Yadav25]

As per me it is, else depends, because in cost we don't have to retain days limit penalties etc, if we are capable to use our mind in those 3 hours for cost we shall clear it easily. So its scoring.

[@Studyhub2710]

@@Riya.Yadav25 True!

[@mounikamodem7428]

Is it necessary to see descriptive questions which was given in the back side of the chapter..?

[@Riya.Yadav25]

@@mounikamodem7428 Not for all chapter , but Try to complete for main practical chapters like division transfer pricing and std costing, but don't skip any examples or illustrations.

[@mounikamodem7428]

@@Riya.Yadav25 okay thank you

[@vaishnavi9319]

Ha icai ka coverage karna hai agreed but itna easy hai kya question itne bade hai usko leliya aur practice krliya..concept bhi to pata chahiye thoda to

[@Riya.Yadav25]

@@vaishnavi9319 By reading you will understand some basic concepts, then ques solve karte time better understanding hogi. And that is more than enough for MCQs in exam.

[@vaishnavi9319]

@@Riya.Yadav25 ok Thankyou but I’m so worried don’t know why

[@me_ayushigupta]

Is cost easier than law?

[@Riya.Yadav25]

@@me_ayushigupta It depends, as per me it is, As in cost we don't have to retain dates, days, limits etc, and content is less than law . If we are able to use our brain in those 3 hours , its easy to manage, and it's scoring.

[@me_ayushigupta]

@@Riya.Yadav25 Thanks for your reply

[@peekayplayzzz]

i just studied for half day and scored 68 lol

[@akhileshdikshit9534]

What did you study bro please tell me

[@viraj9565]

Riya didi standard costing or transfer pricing kaise kare

[@Riya.Yadav25]

@@viraj9565 I did only from module if you want, refer revision videos and stick to module questions.

[@kittyjain2078]

when icai will upload the spom result

[@Riya.Yadav25]

@@kittyjain2078 within 25 hrs, check at midnight after day of exam

[@funnydubbing7730]

plz tell ki agar m nov 24 me 1 hi grpdera hu to bhi kya mujhe dono spom clear krne padenge??????????????????

[@Riya.Yadav25]

@@funnydubbing7730 yes dono karne padege, exam forms fill karne se pehle karne hoge jaha tak ik.

[@naik1403]

Kitne din mei pdha tha aapne ?

[@Riya.Yadav25]

@@naik1403 around 5

[@VIPINYADAV-vs2zn]

I scored 70 today

[@Riya.Yadav25]

Great!

[@Rk-yadav6202]

Subscribe kar diya mene Riya

[@saloninaharcafinalist]

Same mere bhi 50 % practical tha and 50% theory

[@CharteredAccountantNo.1]

Thank you

[@Riya.Yadav25]

You are welcome!