BEC Study Group - Page 11

Viewing 15 replies - 151 through 165 (of 246 total)
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  • #2404203
    LL
    Participant

    @Traceylynn089 I feel you. I felt prepared as well until I saw the MCQs. I don't think I did well on them. Sims are all doable in my opinion. BEC is also my last section. Hope we all can pass and get the life back!

    #2404245
    nat
    Participant

    @Traceylynn089 @LL what study material did you use that when you got to the actual exam the MCQ “kicked your butts” I'm using Becker and the MCQ in Becker are seriously kicking my butt.

    #2404731
    BF98
    Participant

    What are people's thoughts on Gleim I decided to purchase the BEC section and commit to working on one study unit per evening and anything I have doubts on I can put on a list of questions I can post on here at the end of the week. I work FT so I'm rather tired by the time I get home from work.

    #2405523
    traceylynn089
    Participant

    @Nat, I have Wiley for study material. I was trending very well on their MCQ and Ok on the test exams (I always scored significantly higher on the real exam that the tests so I wasn’t overly worried). I think I did about 65% of all of the MCQ questions and I worked every single task based problem until I had them down. On the exam it wasn’t even so much the question difficulty, but their size. I think I had 5-7 heavy calculation problems in the first 10 questions and that threw me off for the entire exam. Be sure to know COSO well as many MCQ revolved around that. There were really only a couple questions that I thought were completely unexpected. Overall I thought the mix of MCQ questions were more heavy on the calculation side on than Wiley’s test exams. If Becker’s MCQ’s are kicking your butt, I would definitely focus on getting them down. Just a random tip that helped me a little-I don’t know if Becker handles the written component questions but I printed all of Wiley’s and read through them. That was like a summarized version of the study materials. I feel it helped me in studying not only how to write the essays but I picked up some things for MCQ also.

    #2406663
    Terre Paul
    Participant

    To everyone that's waiting on the may 23rd score release, keep believing. we have 1 week to ago. especially those of whom a passing BEC score would signify the end like myself: Rest in the work you put in and the Grace that only God can pour out! In the meantime, how are your holding up?

    #2408001
    Rach
    Participant

    I take BEC tomorrow – not feeling so great about it. I keep missing the small stuff on questions and am having a really hard time with calculations. I didn't spend as much time on Operations Management as I should have, but at this point I'm just trying to review the stuff I know. I've passed BEC before, but it's been almost 2 years and it just feels like so much more information. Good luck to everyone taking it soon! I just want to be DONE!!

    #2411820
    CPALady18
    Participant

    There are multiple questions similar to this and I understand how they get the total answer, but I can't see to figure out how they are calculating the interest rate in days below. That's the only part I am stuck on. Can someone help?

    Maturity in euros = 100,000

    5% interest for 90 days = 1.0125

    Discounted proceeds = 98,765

    Exchange rate per euro = $ 1.25

    Dollar yield = $ 123,456

    #2412312
    BF98
    Participant

    How are you getting a question that involves Euros on a CPA exam

    #2412402
    CPALady18
    Participant

    @BF98 This is under the Financial Risk Management Section of BEC where it talks about Foreign Currency Option Hedges. I think in this question the maturity value is the amount owed on a payable in euros.

    #2423544
    mcast126
    Participant

    Took BEC yesterday. My second testlet was easier :(… Writing part was okay. Don't know what to expect.

    #2423556
    mcast126
    Participant

    It is also my last test! I need to pass!!!

    #2423661
    Eric
    Participant

    Hello,

    New here. Just signed up for BEC Aug 31, 2019. Will be my first section. Ant hot tips or suggestions appreciated. Using WileyExcel.

    #2431470
    Amor
    Participant

    @Eric, sounds like WileyExcel is your primary review material. It's best to supplement it with NINJA MCQ!

    #2433984
    ahugemistake
    Participant

    @Eric I'm also using Wiley and supplement with Ninja for the final review phase. Sounds like you gave yourself plenty of time to study. I have passed FAR and REG using the Wiley + Ninja Technique, and I can share my technique.

    1. The Wiley lectures are broken down into several subsections that really drill into the details. A lot of people don't want all the extra details but IMO Wiley does a good job in educating you, rather than just making you pass.
    2. I study 2-3 hours on weekdays, and 3-5 on weekends. On weekdays I plan on doing 4 or 5 subsections, and on weekends I aim for 10 every day. Of course this will vary based on how familiar you are with the topics.
    3. I prefer using Quizlet to make note cards as I'm studying rather than use the highlighting tool on Wiley. I just copy paste the terms and notes. I make a set of cards for every topic.
    4. So my studying process is that I read the text and take notes. If I'm really struggling to grasp the concept, I will watch the video (you can control the speed which is nice). Then I do the quiz in study mode.
    5. Remember the scores on the quizzes aren't your CPA exam sores, you're still learning so getting most answers wrong the first time is fine. Go back to the lesson and read it over. You can also go to the test bank and do extra questions on that topic.
    6. For FAR and REG I gave myself a cushion of 3-4 weeks of review after finishing all the sections. I have 2 weeks of review time for BEC.
    7. My final review process is opening my note cards on Quizlet and reading it over once. Then I go to the testbank and do 30 to 50% of the questions on that topic. If my score is 70 or higher then I move on. If lower, I return to the notes or text.
    8. Repeat this for all sections until you're done, then it's time to drill MCQs nonstop. Review notes, and also rewrite Ninja Notes. I listen to the Ninja audio notes on my way to and from work. Do the practice exam on the AICPA website. Practice SIMs for topics you are week in.

    and that's about it!

    FAR - 78*
    AUD - 66, 79
    REG - 73, 76
    BEC - 79

    #2434119
    Han
    Participant

    Took BEC today. It was horrible. I studied with Becker. Did countless practice exams. The first testlet was hard with alot of calcs. I felt like the questions Becker asked were easier. I got a few COSO questions and 1 economics question. They said that's highly tested but didnt find so in my exam. The TBS require are involved bc there's more than 1 part. Overall, this was a killer. I think the aicpa is out to get you:///

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