BEC-Content Specification Outline

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  • #164524
    Anonymous
    Inactive

    When I look at “III-A-3, Impact of inflation/deflation” (III – Financial Statement, A – Financial modeling, projections, & Analysis) under BEC-Content Specification Outline, I can’t picture in what way or angle they are going to ask MC or they want us to know….well, I see its relationships in economic views…but, I just cant expect in Financial Statement view…is it “Expectation Theory”…umm, this talks relationships b/w Short & Long term rates…or like, is it impact of inf/def on balance sheet account (for example, Inventory). or like, IRR or NPV with Inf/Def….Obviously, I am stuck….Please help…

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  • #318368
    rezaking
    Member

    I think your over thinking it.. are you using becker? take each section one at a time thats what im doing.. once you do that and answer all the mc's through becker youll see the big picture later on. BEC is how a business is run (simply put).. how management runs it and what they do and what they need to know.. obv. they need to be aware of the economy to make adjustments to be able to compete.. and the ability to compete requires them to do all those calculations (which in turn changes the BS accounts).. But like i said, id take each section one by one and not worry about connecting all the dots just yet. hope that helps.

    BEC - Passed
    REG - 7/21/2012
    AUD - 8/18/2012
    FAR - 11/10/2012

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