[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

[kip_snoodles]

How are you guys studying the IT section? I feel comfortable with the Becker IT questions, but yesterday went through some of the Wiley IT questions just for extra practice and didn't recognize about half of the material. Is it overkill studying both, or should I take some time today and go through the Wiley questions again? I hate the last couple of days before an exam. I will feel completely prepared , but now some of these Wiley Test Bank questions are on concepts I never saw in Becker, or they use different terminology than I am used to.

Thanks everyone!

[mskokila2827]

BEC in 2 days, what to review in the last min… any suggestions? using Becker material 2011 & wiley Test Bank 2012

[jeff]

If you went through the Wiley IT questions and didn't know the material – you *must* go through them again in study mode.

I recommend doing ALL Wiley IT MCQs the afternoon before your exam.

Thank me later.

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

[Anonymous]

I will have to keep that in mind for my review next week.

[Moataz]

Hey guys i have a question !

I'm gonna start my CPA trip this week I decided to start by BEC so all i wanna know … is becker exam review 2012 with wiley test bank and becker final review is enough to pass the exam ! ?

and about becker lectures is it really important ?

Thanks & Best Regards
Moataz Mahmoud

AUD - N/L
BEC - Preparing
REG - N/L
FAR - N/L

Becker Self Study , Wiley Test Bank

[kts1010]

@Moataz

That amount of material is more than enough. In regards to the lectures I always watched them once to get a feel for the material before I started doing the questions.

AUD - 08/20/12 - 82
REG - 10/30/12 - 82
FAR - 01/05/13 - 80
BEC - 04/15/13 - 84

[Fatma]

Hi

Am really confuse here with price elasticity formula

In becker to get the percentage of change by dividing the difference over the beginning value

In Wiley the percentage change is dividing the the difference over the average value for the beg and end …

And yes it give you different values ???

Any one know what is the right ?

I just realize that this is one of the reason I had fail as I got many Q about price elasticity :((

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

[Fatma]

If any one have both Wiley and Becker will notice that in Wiley HW book question no.29 in economic is the same as question no 59 on Becker 2012 software and in Wiley the answer is 3.8 !!! In Becker it's 5 !!!!!

The q is quantity demanded change from 100 to 150 and the price per unit change from 50 to 45 ?

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

[ROACH]

@Fatma, there are 2 ways to calculate price elasticity.

Method 1: % change in QD/% change in Price

Method 2 (arc method): (change in QD/avg D)/(change in Price/avg P)

The one in wiley is asking for the arc method. Not too sure what the one in becker is asking.

BEC: 66 | 69 | 7/23/2013
AUD: 8/28/2013
REG:
FAR:

[Fatma]

ROACH

Thank you Roach for your clarification but ! I only see the arc method in Wiley questions! And do not mention any thing about the other method! mean while Becker do not mention any thing about the arc method! So what is the default method that we should use it ??

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

[ROACH]

Yeah, there aren't too many questions in Wiley that ask you to directly apply the formula.

Also, the default is usually method 1 unless they ask specifically for the arc method.

BEC: 66 | 69 | 7/23/2013
AUD: 8/28/2013
REG:
FAR:

[Anonymous]

This could be my last weekend ever having to spend it studying!!! Really hope that's the case!!!!!!

[Fatma]

Thank you @ROACH

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

[kts1010]

One last day to go tomorrow. Aiming to do a couple more 100 question progress test and go through NINJA notes one more time. I really hope this is it and come Monday morning this will be my last section of the CPA exam.

Good Luck to all testing this week!!

AUD - 08/20/12 - 82
REG - 10/30/12 - 82
FAR - 01/05/13 - 80
BEC - 04/15/13 - 84

[Fatma]

Given a 10% discount rate with cash inflows of $3,000 at the end of each year for five years and an initial investment of $11,000, what is the net present value?

This is one of the released question

a. ($9,500)

b. $370

c. $4,000

d. $11,370

The right answer is 370!!! Don't know how ?

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

[Author]

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