[jeff]

Guess I’ll kick it off!

Scheduled to take BEC on 4/19. It’s my last test so I’m putting as much study time in as I can. If I pass I get promoted, if I don’t pass I don’t get promoted, so the pressure is on!!

Good luck to everyone taking BEC this quarter!

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

[Anonymous]

Took most of Easter off today and just now starting some last minute studying lol. I've done some progress tests that have built the confidence back up, so I think I'm ready. Also pretty burned out with BEC, so it'll be nice to finally get it done with (hopefully!)

Plan is to go shopping after the test tomorrow to celebrate, and then I might as well start REG on Tuesday.

Good luck to all of us in the next couple weeks.

[Anonymous]

CPAMike

With your audit score at 99, you are a sharp and probably well prepared, you will do great! Best of luck to you!

OJFWEroiu and kts1010 – you both seem to have a good plan. Good luck!

My test is tomorrow at 11:30 AM, PST. So, I am going to complete writing out the answers to the questions missed on my last progress test. Review areas that are most likely going to be tested on based on my live Becker class and review the answers to the written sections from Becker as I read that as an idea to prep for the exam and obtain good information on material which may be tested. And review the index cards I made throughout my studying on the areas that I was struggling with.

Have a great day and best of luck to all.

[WestonM]

Just took my first practice test, got an 85. Made 2-3 silly mistakes by not reading the question/not understanding what they were asking for. How do the Becker practice tests compare to the real tests?

BEC: 93 4/18/13
FAR: 89 7/3/13
REG: 90 8/30/13
AUD: 95 11/29/13

DONE!

[Anonymous]

Had almost had a heart attack this morning when I flipped the calendar to April and realized BEC is 2 weeks from Friday. I thought I was doing so well on my studying, but ended up having to miss the past few days and now I'm all nervous. I know I just need to crack down for the last 2 1/2 weeks, but it still made my stomach drop turning the calendar this morning.

[Anonymous]

So I took BEC this morning, and I'm kinda nervous. Testlet 1 & 2 were ok at best, but testlet 3… WOW! Hopefully that was all the pretest questions. Hardest testlet I've seen so far.

I hope I'm overreacting, but advice would be just keep pounding out MCQs, you never know what you might be tested on.

As for me, on to REG!

[so1913]

I missed three days of studying (Sat-Monday). STILL rapping up B2 (1st run through 120 MCQ to go) 🙁 I HAVE to get back on it tonight when I get settled in from work. I was supposed to be finished with B3 by tomorrow and on to B4. My plan was to be able to study 8pm-12am weekdays and more over the weekends . I also plotted about 4 days off from work over the next 4 weeks through exam day on May 6th to have full days dedicated to studying.

I KNOW how important it is that I stay on schedule and that I cannot afford to take days not going over and learning the material, especially looking at these posts for those of you who just took the exam but yet I still “slack off”. I need to get through B6 by the end of next weekend so that I have 3 weeks to go back and really grasp the topics I'm struggling with. I know what I need to do, just trying to find the discipline to do it!

AUD - 90 Pass
REG - 70,61,81 Pass DONE DONE DOOOOONNEEE!!!!!!!!
BEC - 79 - Pass
FAR - 70,82 - Pass

[Myeble]

Guys new crazynesssss about the AICPA….you cant use paper and pencil during the test!

Yeah, this is real….prometric will hand you 2 small crazy pink laminated 7.5 by 11 size sheet and 2 markers.

I am venting here because no one posted anything about that and my markers were old …they did not write properly and I couldnt erase..

I did not know about this change! This is my 1st time testing this year!

[Anonymous]

That's been discussed here a ton and I got an email from the aicpa about that change. It was implemented Jan 1.

[Myeble]

cpa runner….

i just joined this blog a week or so ago! and about the email from the AICPA i did not get it, but i got to say that may be it was together with all the “stuff” that the state board send via email….my luck!

[jeff]

Test Your Might: Corporate Governance

https://www.another71.com/wiley-test-bank-bec-corporate-governance-2/

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

[redox1100]

Becker students, quick Q on b1 on the PHRASED and PHRASED C mnemonic :

A. I/C

1. Philosophy and operating style of management

2. Human resources

3. Reporting (financial) competencies

4. Authority and responsibility

5. Structure (organizational)

6. Ethical values and integrity

7. Directors (Board of)

B. ERM

1. Philosophy and operating style of management

2. Human resources

3. Risk appetite

4. Authority and responsibility

5. Structure (organizational)

6. Ethical values and integrity

7. Directors (Board of)

8. Commitment to competence

Question: So the “R” is different for both of the mnemonics (Reporting (financial) competencies vs Risk appetite)? Although this difference is identified on my note cards, i specifically remember Peter saying the only difference for ERM is that you add the C (commitment to competence)?

Thanks in advance

[sharmin]

Can anyone help?

A manufacturing company employs a process cost system. The company’s product passes through both Department 1 and Department 2 in order to be completed. Conversion costs are incurred uniformly throughout the process in Department 2. The direct material is added in Department 2 when conversion is 80% complete. This direct material is a preservative that does not change the volume. Spoiled units are discovered at the final inspection and are recognized then for costing purposes. The physical flow of units for the current month is presented below.

Beginning work in process in Department 2

(90% complete with respect to conversion costs) 14,000

Transferred in from Department 1 76,000

Completed and transferred to finished goods 80,000

Spoiled units—all normal 1,500

Ending work in process in Department 2

(60% complete with respect to conversion costs) 8,500

If the manufacturing company uses the weighted-average method, the equivalent units for direct materials in Department 2 for the current month would be

Answers

A: 67,500

B: 80,000

C: 81,500

D: 90,000

[GreenMonkey]

Can anyone explain the difference between the “general (or aggregate) demand of labor” and the “quantity demanded?”

This is the related question:

In a competitive market, an increase in the minimum wage will likely have the following effects:

The correct answer is “the general (or aggregate) demand for labor will remain unchanged;however, the quantity demanded will decrease.”

I'm missing the distinction.

REG- 91
AUD- 97
BEC- 91
FAR- May

[Fatma]

sharmin

Since direct material is added in dep.2 when conversion is 80% complete , then there is no ending inventory with respect to direct material as the conversion is just 60% in ending inventory = so I think the right answer is 80,000 units

FAR 86 May 12
AUD 84 August 12
REG 80 Jan 13
BEC 76 April 13
And am done !!!

[Fatma]

Green monkey

“The correct answer is “the general (or aggregate) demand for labor will remain unchanged;however, the quantity demanded will decrease.”

This is the difference between the shift and the movement !

It mean the demand curve will not shift, and the effect or the change will be just movement over the same curve , since it's a decrease so the point will move to the left side over the curve !

FAR 86 May 12
AUD 84 August 12
REG 80 Jan 13
BEC 76 April 13
And am done !!!

[Author]

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