Financial Accounting turned out to be tougher than expected. I at least expected some questions of the same pattern as in the past papers. And I was really ready to answer questions like "What is the loss on disposal, what is the account-receivable write offs, prepare a operational cash flow..blah blah". Guess what, we didn't get any of those questions which seemed very likely to come (they were asked in all of the 3 past papers from 2001, 2003 and 2004). But like we learned in our Decision Analysis class, even when the percentage likelihood was high, it was still possible to not get it. A true real life example of what I learned in Decision Analysis class.

We had Decision Analysis exam today. I think I did bad as well. I thought I was better in this than Financial accounting, but as soon as I walked out of the exam, I realized that I might have done worse than I thought. But I never seriously walked though the questions again after I walked out of the exam. I was "sort-of" confident on my logic during the exam, so it could still be the case that I was right. But chances are, no matter how likely or unlikely they are, I could be wrong, at least in my first question with the heavy weight of 35%.

Tomorrow we have Marketing case, I am not even sure how to approach my final day preparation. We have to analyze a case, so I am just going through some "case analysis" guides I found in the IESE Consulting Club website.