[jeff]

NINJA Study Notes, Flashcards, and Audio: https://www.another71.com/products-page/

Wiley Software: https://www.another71.com/wiley-cpa-software/

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Anonymous]

Quick question. I have 2011 Becker and 2012 Wiley Test Bank. Both have the same question, but with conflicting answers. Which one is correct? Here's the question:

The theory underlying the cost of capital is primarily concerned with the cost of:

a) Any combination of old or new, short-term or long-term funds

b) Long-term funds and new funds

c) short-term funds and new funds

d) long-term funds and old funds

Becker answer: A) Any combination of old or new, short-term or long-term funds

Wiley answer – B) Long-term funds and new funds.

I have no clue whether if Wiley's answer is an error or that's what the updated answer really is.

[Anonymous]

Quick question. I have 2011 Becker and 2012 Wiley Test Bank. Both have the same question, but with conflicting answers. Which one is correct? Here's the question:

The theory underlying the cost of capital is primarily concerned with the cost of:

a) Any combination of old or new, short-term or long-term funds

b) Long-term funds and new funds

c) short-term funds and new funds

d) long-term funds and old funds

Becker answer: A) Any combination of old or new, short-term or long-term funds

Wiley answer – B) Long-term funds and new funds.

I have no clue whether if Wiley's answer is an error or that's what the updated answer really is.

[whatkey]

@dualmatrix

I think answer A is the best choice because it is more encompassing. The underlying theme of cost of capital is the total cost of *all* of a company's capital. B is OK, but it doesn't specify short-term funds (“New” doesn't necessarily mean ST). Also B is no more correct than choices c and d. A is really your only option there.

I wouldn't get too bogged up in the details..just know the concept of cost of capital as that is the call of the question. Don't stress about A, B, C, etc.

Using Becker, Ninja Notes, and CpaReviewForFree

FAR - 87 (2/17)
REG - 89 (4/21)
AUD - 89 (5/31)
BEC - 89 (7/11)

[whatkey]

@dualmatrix

I think answer A is the best choice because it is more encompassing. The underlying theme of cost of capital is the total cost of *all* of a company's capital. B is OK, but it doesn't specify short-term funds (“New” doesn't necessarily mean ST). Also B is no more correct than choices c and d. A is really your only option there.

I wouldn't get too bogged up in the details..just know the concept of cost of capital as that is the call of the question. Don't stress about A, B, C, etc.

Using Becker, Ninja Notes, and CpaReviewForFree

FAR - 87 (2/17)
REG - 89 (4/21)
AUD - 89 (5/31)
BEC - 89 (7/11)

[jgarfield]

Does anyone find BEC B1, B2 and B3 to be complex? Is B4-B6 less on formulas? I'm having a hard time with BEC compared to the others

B- 75
A- 81
R- 81
F- 79

[jgarfield]

Does anyone find BEC B1, B2 and B3 to be complex? Is B4-B6 less on formulas? I'm having a hard time with BEC compared to the others

B- 75
A- 81
R- 81
F- 79

[mgoloubenko]

@jgarfield, I have to agree. I'm doing my final review by redoing all the Becker HW and it takes me a lonngggg time to get through B2&B3 because everything has a few steps while I can fly though B4-B6 pretty quickly.

FAR 4/9/12- PASSED
BEC 7/13/12- PASSED
AUD 8/16/12- Ughhh 71, Rematch: 90!!!
REG-12/6/12 PASSED

USC MAcc- Fight on!

They say good things come to those who wait, but only those things that are left by those who hustle.

[mgoloubenko]

@jgarfield, I have to agree. I'm doing my final review by redoing all the Becker HW and it takes me a lonngggg time to get through B2&B3 because everything has a few steps while I can fly though B4-B6 pretty quickly.

FAR 4/9/12- PASSED
BEC 7/13/12- PASSED
AUD 8/16/12- Ughhh 71, Rematch: 90!!!
REG-12/6/12 PASSED

USC MAcc- Fight on!

They say good things come to those who wait, but only those things that are left by those who hustle.

[futuremdcpa]

I am having such a difficult time with B1 (Cost). I am scheduled to take it July 31, giving me 20ish days to study full time all day everyday for this exam. I am really doubting myself, and am thinking of rescheduling and giving myself 5 full weeks rather then 3? What do you guys think about this?

Its taking me 10 minutes easy a question for the cost portion, and I am guessing on almost all of them.. I already watched the Becker lecture, but this section was always hard for me in college. I hated it, and hate it now. How big is cost on the exam? I am honestly thinking of just skipping over the whole section.

I flipped through the rest of the book, the other sections do not seem as bad, I like IT, Econ, Finance so they would be easier for me to go through. But COST.. OMG. Id rather get my leg cut off.

REG: PASS || BEC: PASS || AUD: PASS || F: SCORE PENDING..

[futuremdcpa]

I am having such a difficult time with B1 (Cost). I am scheduled to take it July 31, giving me 20ish days to study full time all day everyday for this exam. I am really doubting myself, and am thinking of rescheduling and giving myself 5 full weeks rather then 3? What do you guys think about this?

Its taking me 10 minutes easy a question for the cost portion, and I am guessing on almost all of them.. I already watched the Becker lecture, but this section was always hard for me in college. I hated it, and hate it now. How big is cost on the exam? I am honestly thinking of just skipping over the whole section.

I flipped through the rest of the book, the other sections do not seem as bad, I like IT, Econ, Finance so they would be easier for me to go through. But COST.. OMG. Id rather get my leg cut off.

REG: PASS || BEC: PASS || AUD: PASS || F: SCORE PENDING..

[Anonymous]

I hate BEC! I have taken this exam 3 times and am not making any progress as far as scores go. I actually thought I would pass this last time. Anyway I am pretty desperate as my FAR credit is set to expire in September. I'm using Becker and am going through each chapter AGAIN with fresh eyes, I will be adding the final review and supplementing with Wylie MCs.

The part I'm having the most difficulty with is B5 – overhead variances, it took about 4 hours to get through all the MCs on that section. I plan on reworking all the MCs on this section just to be sure I understand this.

[Anonymous]

I hate BEC! I have taken this exam 3 times and am not making any progress as far as scores go. I actually thought I would pass this last time. Anyway I am pretty desperate as my FAR credit is set to expire in September. I'm using Becker and am going through each chapter AGAIN with fresh eyes, I will be adding the final review and supplementing with Wylie MCs.

The part I'm having the most difficulty with is B5 – overhead variances, it took about 4 hours to get through all the MCs on that section. I plan on reworking all the MCs on this section just to be sure I understand this.

[Path To CPA]

Hi everyone,

I just wanted to drop few encouraging words to inspire perseverance:

– Always keep your eyes on the final prize – CPA

– Transform your failures into success by learning from them and improving continuously.

– Remember that CPA exam is like a race and some of us will reach the finish line faster and some slower but at the end of the day it's reaching that line that matters the most.

– Do not be too envious and compare yourself to the people passing the exam with flying colors otherwise you'll lose your self-esteem and confidence. Keep in mind that each person has his/her own day and time to shine and be patient.

– Avoid finding excuse and blaming lack of time for your failures. Just stand up, scream very loud and say that you'll create or even invent time if you must.

Always remember that with CPA it's : “Fool me once, shame on CPA – fool me twice, shame on CPA – fool me for the third, fourth, fifth to the twentieth time, shame on CPA – I give up or I quit, shame on me”

Guys do never give up.

REG: 68, 75
AUD: 80
BEC: 77
FAR: 24, 67, 69, 72, 80 Thank you Lord!!!!

Finally Done! Perseverance is the key to success

NYS Licensed CPA - 2013

[Path To CPA]

Hi everyone,

I just wanted to drop few encouraging words to inspire perseverance:

– Always keep your eyes on the final prize – CPA

– Transform your failures into success by learning from them and improving continuously.

– Remember that CPA exam is like a race and some of us will reach the finish line faster and some slower but at the end of the day it's reaching that line that matters the most.

– Do not be too envious and compare yourself to the people passing the exam with flying colors otherwise you'll lose your self-esteem and confidence. Keep in mind that each person has his/her own day and time to shine and be patient.

– Avoid finding excuse and blaming lack of time for your failures. Just stand up, scream very loud and say that you'll create or even invent time if you must.

Always remember that with CPA it's : “Fool me once, shame on CPA – fool me twice, shame on CPA – fool me for the third, fourth, fifth to the twentieth time, shame on CPA – I give up or I quit, shame on me”

Guys do never give up.

REG: 68, 75
AUD: 80
BEC: 77
FAR: 24, 67, 69, 72, 80 Thank you Lord!!!!

Finally Done! Perseverance is the key to success

NYS Licensed CPA - 2013

[MQcpasoon]

@ Path to CPA

I love your encouraging words; this journey has been very difficult to me…. I lost almost all the tests and I had to start all over again because BEC…

Sometimes you need this kind of thoughts and encourage to keep you in the right track….

Thanks!

[Author]

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