BEC Pop Questions - Page 11

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    Topic
  • July 6, 2014 at 11:10 pm #186785
    Anonymous
    Inactive

    For anyone who’s interested or is taking BEC soon and wants to practice. We did this in the Q2 FAR group and it was really helpful, especially for memorizing formulas, which as we all know, BEC is heavy with. Answer or ask your own question! Just be sure to come back on here and let the person who answered know if they were right or wrong 🙂

    I’ll start it off:

    What is the formula to calculate Marginal Propensity to Consume (MPC)?

Viewing 15 replies - 151 through 165 (of 168 total)
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  • July 11, 2014 at 2:12 am #580264
    Anonymous
    Inactive

    1) Assess the risks

    2) Identify mission critical applications/data

    3) Develop a plan for handling them

    4) Determine responsibilities of employees involved in the disaster recovery plan

    5) Test the plan

    July 11, 2014 at 2:13 am #580265
    Anonymous
    Inactive

    In the COSO Framework, individuals within the company who monitor internal controls are referred to as what?

    July 11, 2014 at 2:15 am #580266
    Anonymous
    Inactive

    Internal Auditors?

    July 11, 2014 at 2:18 am #580267
    Anonymous
    Inactive

    Evaluators

    July 11, 2014 at 2:18 am #580268
    Anonymous
    Inactive

    A classic random Wiley question

    July 11, 2014 at 2:24 am #580269
    Anonymous
    Inactive

    Yeah… not covered like that in Becker. lol

    July 11, 2014 at 3:05 am #580270
    Anonymous
    Inactive

    Anything else I should be sure to know for my exam tomorrow? For anyone that has taken the test…anything else we should be covering?

    July 11, 2014 at 3:22 am #580271
    Anonymous
    Inactive

    That's a good question @Amanda_88! Goodluck on your exam tomorrow! Hopefully we both get questions on what we have studied!

    July 11, 2014 at 3:40 am #580272
    Anonymous
    Inactive

    Thanks! I'm making a couple of pages covering formulas and mnemonics right now, to bring to the testing center. Good luck to you on the 14th!

    July 11, 2014 at 4:01 am #580273
    stoleway
    Participant

    Amanda, Good luck tomorrow …mine will probably be end of August

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    July 11, 2014 at 4:04 am #580274
    Anonymous
    Inactive

    Thanks @stoleway! My plan is to wake up around 8 and head to the gym, then have a healthy brunch and review lightly before heading to starbucks and the testing center. Working out and coffee are my foolproof test day methods 🙂

    July 11, 2014 at 1:45 pm #580275
    Anonymous
    Inactive

    @Amanda_88 thanks, but I'm taking my exam today as well at 1 PM!

    Reviewing my formula/mnemonic sheet now, and some written comm's introductions/closings.

    July 11, 2014 at 4:13 pm #580276
    Anonymous
    Inactive

    Oh! Good luck today! I'm sure you'll do great- you seem to know the concepts well. Let me know how it goes

    July 11, 2014 at 4:13 pm #580277
    Anonymous
    Inactive

    What's the difference between M1, M2, and M3 currency?

    July 11, 2014 at 5:46 pm #580278
    M.O.D.
    Member

    M1 = currency + checking accounts

    M2 = M1 + savings + money market + Small CDs + money market mutual funds

    M3 = M2 + large and long-term deposits

    (M3 is no longer used by the Fed)

    BA Mathematics, UC Berkeley
    Certificates in CPA and EA preparation, College of San Mateo
    CMA I 420, II 470
    FAR 91, AUD Feb 2015 (Gleim self-study)

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