Part (a) of the question asked candidates to explain the role and aims of the IMF, and the impact of IMF intervention, on the company. Generally this part was done well by the majority of candidates who chose this question. There was clear evidence that many candidates had read the article in the Student Accountant. The main weakness in responses to this part was that sometimes focus was put on either of the two requirements but a balanced narrative was not given. Overall, this part was answered well.