- This topic has 625 replies, 90 voices, and was last updated 11 years, 7 months ago by
MrsBing.
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February 6, 2014 at 9:59 pm #183480
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May 16, 2014 at 12:26 am #558321
scarletknight91Membertitoav15: i believe that for the Kode question that you posted before, the answer is in fact “Gross margin increases by $1 for each unit of May sold.” just to give you a heads up since you posted that the answer was “ANSWER: Gross margin increases by $3 for each unit of May sold”
im specifically referring to question CPA-03503 if youre using becker
FAR: PASSED
REG: PASSED
AUD: PASSED
BEC: PASSEDDONE
May 16, 2014 at 4:16 pm #558322
super_cpaParticipantI am really tired of Cindy (Yaeger) mentioning that the sections should be taken in a particular order and BEC should be taken last. Ridiculous!
- "Of all people, you know who I am… who the world needs me to be. I’m Wonder Woman."
May 16, 2014 at 4:21 pm #558323
IWPGirlMembermjp44 gave a pretty good explanation. Transaction exposure relates to specific transitions, e.g. gains/losses as a result of settling A/P or A/R denominated in foreign currency. Economic exposure is from participating in economy as whole, including changes in cash flows. Translation exposure relates to consolidation of foreign subsidiaries.
AUD - 90
REG - 78
BEC - 84
FAR - 91 woo hoooo!!Becker and Ninja MCQ
May 16, 2014 at 6:27 pm #558324
AnonymousInactiveSuper CPA…I use Yaeger and what she says isn't ridiculous at all! Can u pass with a different order? Sure you can but there is a method to her madness. The exams play on one another…
May 16, 2014 at 8:32 pm #558325
How many letters do you needParticipantYeah I get there is some overlap of material but to me the order should be more tailored to individual skillset. My personal strategy was to start with hardest (same reasoning everybody else does) then the easiest at end of first window. Then second hardest at end of window two so you can retake early window three if needed and finish off with third hardest end of window three. I think that gives you the best odds of knocking out half the exam in one window, while allowing you to stay on track in case you fail #3.
MBA,CMA,CPA, CFF?, ABV?
May 16, 2014 at 8:49 pm #558326
super_cpaParticipant@Casagarbar. It is indeed true that there might be some overlapping topics but that doesn't mean that she needs to repeat that all the time. It would be helpful to take it in the order she suggests but it isn't mandatory. I scheduled those exams after a lot of contemplation. What she should say (2 times max) is that it would be helpful for you to take these exams in this order. I like her, don't have anything against her but she should not be saying it like that.
@letters. That is exactly what I thought. Moreover I do have some things coming up (at work and personal stuff) that I need to cater to hence my exam schedule.
- "Of all people, you know who I am… who the world needs me to be. I’m Wonder Woman."
May 17, 2014 at 2:29 am #558327
Jsingh23MemberHey Guys hope everyones studying is going well. I'm using Becker and Wiley to prepare for the exam and honestly do not know where I stand in regards to the material.
I've been getting 85s to 90s on Becker progress tests and have only taken the first final exam in Becker so far…my scores for 3 test-lets averaged out to an 83. The problem is when I get to Wiley I am getting about 70 percent or lower on the questions and having a much harder time with the material. There is plenty of topic in Wiley…which aren't covered in Becker at all.
I wanted to find out if anyone else was having a harder time with one program over another…did anyone feel as if the actual exam was easier than the practice exams??
I am taking my test in 2 weeks….any advice on areas to focus on…COSO? Variances?
AUDIT-89
BEC-83
REG-78
FAR- April 19May 17, 2014 at 7:02 am #558328
MrsBingMemberFinishing chapter 3 tomorrow (these last 100 MCQs are taking forever), then start my final review Sunday. I can't wait til this is over.
Becker, Wiley Test Bank, and Ninja 10 Point Combo!
FAR: 89
REG: 87
AUD: 92
BEC: 75
Ethics: 90Licensed Arizona CPA
May 17, 2014 at 7:06 am #558329
MrsBingMemberMay 17, 2014 at 7:06 am #558330
MrsBingMemberMay 17, 2014 at 12:45 pm #558331
Determined CPAParticipantJsingh – I agree with you completely! I feel Wiley questions are harder and cover different material than Becker does. I scored lower on Wiley for both audit and reg and now bec is following suit. It used to bother me and make me feel unprepared but now I feel the complete opposite! Every “wth is this” Wiley question we see is one less “wth is this” exam day question we will see. I couldn't have passed audit without Wiley and feel the same with bec! Good luck to you!
A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.May 17, 2014 at 2:48 pm #558332
greenfishMemberSorry the formatting on this chart is terrible, but it's a solution from Becker… Where in the world does the 104,000 EU from the units started in the period come from and what is SQZ? How can you start 100,000 and the EU is more than that? 104% completed?
ActualUnits %Complete EU TotalCost UnitCost
Beginning Inventory 16,000 60% 9,600 $54,560
Add: Started 100,000 SQZ 104,000 468,000 $4.50 FIFO
Total Available 116,000 113,600 522,560 $4.60 wtd-avg
Less: Completed (92,000) 100% (92,000)
Ending Inventory 24,000 90% 21,600 $97,200 $4.50 FIFO
May 17, 2014 at 2:57 pm #558333
Determined CPAParticipantGreenfish which question number is this in becker? its hard to understand in that format.
A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.May 17, 2014 at 3:31 pm #558334May 17, 2014 at 3:52 pm #558335
Determined CPAParticipantWow – I never actually looked at the answer description in the back of the book – that's way confusing and totally not necessary to answer that question!
I think the explanation is just showing you both ways, the FIFO method and the WA method. If you take the $468,000 total cost for the units started that period and divide it by the $4.50 unit cost (which you can only get by solving the problem using the FIFO method, which isn't even being asked in this question), you will get the $104,000 EU. Very confusing and not needed to get the solution.
A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen. -
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