Hot Topics for the CIMA OCS
The pre-seen materials were released for the CIMA OCS November GymFit exam a few weeks ago, so your attention should be turning towards mock exam practice and revision of the syllabus areas that are likely to come up on exam day.
With this in mind, our good friends at CSSC Tutition have put together some words of wisdom on what it takes to pass the CIMA operational case study exam.
Passing the OCS Exam First Time
Passing the Operational Case Study requires solid technical knowledge combined with the ability to demonstrate good business and people skills. These need to be appropriately applied to the question details and answered within the context of the case-study scenario.
Good candidates need to be able to assimilate new information and communicate their answers in a timely and well-presented manner.
Exam technique is key here and practice makes perfect in this respect.
In conclusion, it is only mastery of the technical competencies and successful demonstration of the above skills that can result in the ‘strong’ answers which OCS markers are looking for.
So… with that in mind – we can agree that passing is not about question spotting… but surely it doesn’t hurt to be aware of the most examinable topics for the CIMA Operational Case Study exam!!
For example, we all know that P1 is the lead paper – but what are the lead topics?
CIMA OCS Most Examinable Topics
As a matter of research and interest here at CSSC Accountancy Tuition in Staffordshire we have tracked the top most examined Operational Case Study areas from each of the 3 operational level papers.
Our analysis is based on the last 12 Operational Case Study sittings.
For example, we can reveal that 12 out of 12 of the sittings included a question on the topic of P1 variances (traditional cost variances – material, labour etc. and/or Advanced Variances – e.g. mix & yield/planning & operational etc).
This is not to say that every variant of every exam sitting included this topic – but that it was covered by at least one of the five variants in each exam period.
Other favourites were F1’s working capital and E1’s marketing mix.
In addition to this, students must not overlook P1’s budget approaches (especially Zero Based Budgeting that has featured in 8 out of the past 12 sittings). Quality costing is another key area having featured in 10 out of 12 past OCS sittings.
More details on the most examinable areas are below – but please use this information wisely and to refine your revision rather than making it your focus!
Its important that you refresh all of your syllabus areas, undertake mock exam practice and also have a careful read of the most recent OCS examiner’s report. Don’t forget to also make use of other resources available on CIMA connect & TheCIMAStudent website.
Other OCS Highly Examined Areas
- Activity Based Costing
- Environmental Costing
- Government Grants
- Time Series Analysis
- Inventory EOQ
- Payoff Table/ Maxi Decision Rules
- Relevant Costing
- Breakeven CVP
- Uncertainty & Risk – Decision Trees
- Linear Programming
CSSC Classroom Tuition
For those living near to Staffordshire & Cheshire – CSSC Tuition offer Operational Case Study Tuition for all four sittings. We also offer evening tuition for all CIMA objective test papers -including Strategic level starting January 2019.
Prices start at just £350 per paper and instalment options are available. Enquiries welcome! Please contact firstname.lastname@example.org