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November 30, 2010 at 3:59 pm #159275
jeffKeymasterNINJA Study Notes, Flashcards, and Audio: https://www.another71.com/products-page/
Wiley Software: https://www.another71.com/wiley-cpa-software/
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April 6, 2011 at 6:05 pm #464954
AnonymousInactiveThanks for the “Chin Up” feedback Erin it is genuinely appreciated.
However, just glancing at the page I'm reading right now I can create a question I can almost guarantee would turn up on the BEC exam merely because of how “tricky” it is even for those with notes out and books open in front of them.
Here we go, I just made this one up directly from the text:
According to the COSO framework of internal control, providing employees with an understanding of their roles and responsibilities is:
a.) an example of the Assignment of Authority and Responsibility factor within the Control Environment
b.) an example of the Human Resources policies and procedures within the Control Environment
c.) an example of policies and procedures within the Control Activities component of COSO internal control framework
d.) an example of proper communication within the Information component of the COSO internal control framework
What is the usefulness of questions like this?
How would knowing the answer to this ever be used in the workplace?
Just because someone can sit around creating trick questions, does answering the questions necessarily make any one of any more knowledgeable on the subject? Does it mean the question maker knows any more than the person answering said question? I think not.
I'm going to leave this open for a few hours for folks to guess the correct answer.
Oh, and no cheating now! You wouldn't have a book or a note for use during the exam.
April 6, 2011 at 6:18 pm #464859
AnonymousInactiveI could do this all day.
According to the COSO framework of internal control, performance reviews are considered to be:
a.) an example of the Assignment of Authority and Responsibility factor within the Control Environment
b.) an example of the Commitment to Competence factor within the Control Environment
c.) an example of typical controls within the Control Activities component of the COSO internal control framework
d.) an example of a typical control within the Monitoring component of the COSO internal control framework
But would I be any better off for having done this??
April 6, 2011 at 6:18 pm #464956
AnonymousInactiveI could do this all day.
According to the COSO framework of internal control, performance reviews are considered to be:
a.) an example of the Assignment of Authority and Responsibility factor within the Control Environment
b.) an example of the Commitment to Competence factor within the Control Environment
c.) an example of typical controls within the Control Activities component of the COSO internal control framework
d.) an example of a typical control within the Monitoring component of the COSO internal control framework
But would I be any better off for having done this??
April 6, 2011 at 6:29 pm #464861
AnonymousInactiveI wish they would have more of these types of questions to practice on! I am pretty sure this is where I got “tricked”. I “thought” I understood the material while studying & going over the questions. I obviously did NOT know it well enough. 🙁
April 6, 2011 at 6:29 pm #464958
AnonymousInactiveI wish they would have more of these types of questions to practice on! I am pretty sure this is where I got “tricked”. I “thought” I understood the material while studying & going over the questions. I obviously did NOT know it well enough. 🙁
April 6, 2011 at 6:44 pm #464863
AnonymousInactiveHa! Well, creating these questions is the easy part! I could crank 15 off just like this from this one page I'm on. Someone send me a dollar for every question I create and I won't even pursue the CPA exam anymore b'cause at 240dollars an hour working for myself…I wouldn't need their stupid Certification.
OBVIOUSLY, it is the GRADING part that is soOOoooo difficult! (based upon the 90+ days to get these grades out)
Well, Don't everyone answer these two questions all at once now!!! 🙂
April 6, 2011 at 6:44 pm #464960
AnonymousInactiveHa! Well, creating these questions is the easy part! I could crank 15 off just like this from this one page I'm on. Someone send me a dollar for every question I create and I won't even pursue the CPA exam anymore b'cause at 240dollars an hour working for myself…I wouldn't need their stupid Certification.
OBVIOUSLY, it is the GRADING part that is soOOoooo difficult! (based upon the 90+ days to get these grades out)
Well, Don't everyone answer these two questions all at once now!!! 🙂
April 6, 2011 at 7:47 pm #464865
LauraParticipantI'm going with B on the first one and D on the second one…but really I don't know…I'm just guessing! I haven't gotten back into studying BEC yet….
REG-80, 77, 77
BEC-67, 68, 71, 67, 71, 74, 71, 74, 72, 77
FAR- 72, 65,67, 53, 75 (truth be known the 53 was with 4 hours of studying)
AUD-58, 62, 72, 74, 74, 75
took 5 years but I'm DONE!!!!!!!!!!!!!!!April 6, 2011 at 7:47 pm #464962
LauraParticipantI'm going with B on the first one and D on the second one…but really I don't know…I'm just guessing! I haven't gotten back into studying BEC yet….
REG-80, 77, 77
BEC-67, 68, 71, 67, 71, 74, 71, 74, 72, 77
FAR- 72, 65,67, 53, 75 (truth be known the 53 was with 4 hours of studying)
AUD-58, 62, 72, 74, 74, 75
took 5 years but I'm DONE!!!!!!!!!!!!!!!April 6, 2011 at 7:59 pm #464867
AnonymousInactiveThis is gonna' be so much fun!
@keeptrying, it will require about 2.5 days for me and my offices to score your two multiple choice then we'll have to mail the results to Jeff and have him mail them to you 🙂
Just Kidding!
I don't want to give the answers up just yet 'cause I'm hoping other folks might want to give it a try – but I'll definitely let you know.
Thanks for Playing! 😉
April 6, 2011 at 7:59 pm #464964
AnonymousInactiveThis is gonna' be so much fun!
@keeptrying, it will require about 2.5 days for me and my offices to score your two multiple choice then we'll have to mail the results to Jeff and have him mail them to you 🙂
Just Kidding!
I don't want to give the answers up just yet 'cause I'm hoping other folks might want to give it a try – but I'll definitely let you know.
Thanks for Playing! 😉
April 6, 2011 at 8:09 pm #464869
LauraParticipant@carolina_blues — that is so much sooner than I thought…. 😉
REG-80, 77, 77
BEC-67, 68, 71, 67, 71, 74, 71, 74, 72, 77
FAR- 72, 65,67, 53, 75 (truth be known the 53 was with 4 hours of studying)
AUD-58, 62, 72, 74, 74, 75
took 5 years but I'm DONE!!!!!!!!!!!!!!!April 6, 2011 at 8:09 pm #464966
LauraParticipant@carolina_blues — that is so much sooner than I thought…. 😉
REG-80, 77, 77
BEC-67, 68, 71, 67, 71, 74, 71, 74, 72, 77
FAR- 72, 65,67, 53, 75 (truth be known the 53 was with 4 hours of studying)
AUD-58, 62, 72, 74, 74, 75
took 5 years but I'm DONE!!!!!!!!!!!!!!!April 6, 2011 at 9:18 pm #464871
wannabetxacctntParticipantApril 6, 2011 at 9:18 pm #464968
wannabetxacctntParticipant -
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