[jeff]

Welcome to the Q2 2017 CPA Exam Study Group for BEC. 🙂

[californiaholic]

Can somebody please explain why the Answer is to choose Projects 2, 4 and 5 only?

A company has a required rate of return of 15% for five potential projects. The company has a maximum of $500,000 available for investment and cannot raise any capital. Details about the five projects are as follows:

Project
Initial outlay
Net present value at 15%
Internal rate of return
1
$500,000
$125,000
23%
2
250,000
75,000
17%
3
150,000
25,000
35%
4
100,000
50,000
25%
5
150,000
50,000
25%

The company should choose which of the following projects?

[mooseonloose]

There is 500k available for investment
project 2,4,5 initial outlay equals to 500k with the highest NPV

other options gives lower return.

[Paul]

@mooseonloose Best of luck, you will do great!

BEC 10/29/16
FAR 11/26/16
REG TBA
AUD TBA

[mooseonloose]

anyone taking the exam next week?

[yehia]

Same like u am now going for retaking BEC but my question , Is Ninja test bank reflects the new exam style 2017 or no ??

[Paul]

The ninja test bank doesn't reflect the TBS questions that you will now see on BEC but all of the concepts are the same. Practicing them will greatly help you “Recall information” which you need a lot for MCQ. Key is to master the concepts being tested in the ninja multiple choice. TBS test your ability to “recall” information and properly execute each scenario correctly.

The AICPA has not released any TBS questions for BEC to any review courses.I am assuming the review courses that have practice TBS are made up based on what they think we might encounter on the exam.

Isn't it fun being a guinea pig!!

BEC 10/29/16
FAR 11/26/16
REG TBA
AUD TBA

[ineedthiscpa45]

You passed BEC already?

[Paul]

@tramaineRobinson if your asking me, I failed BEC back in November. I am preparing for a retake but not doing so hot. Hopefully I can get with the program.

BEC 10/29/16
FAR 11/26/16
REG TBA
AUD TBA

[ineedthiscpa45]

Okay because BEC is my first cpa exam ever. I'm using Roger CPA and ninja MCQ as a supplement.. Any advice on studyng?

[Vinti]

@tramaineRobinson I am also having BEC as my first Cpa exam. I am having on april 13. When are you going to take? I am using wiley+ninja MCQs.

[ineedthiscpa45]

I have my application submitted since the 5th of march and its a 4-6 week process so upon approval maybe the end of april.

[ineedthiscpa45]

Please let me know how it goes! I'm using the month of april as a review so any info about the new exam would be very helpful. Best of luck on your first exam!

[Vinti]

@tramaineRobinson Okay.

[Paul]

@tramaineRoninson I used roger exclusively and will say I enjoyed the lectures. I completed the MCQ and reviewed some WC. I didn't give myself enough time to study too. I definitely recommended supplementing Roger with something else.

As far as what to study, don't leave anything out. Make sure you have a grasp on every topic, even IT. As for what works for me, that is the part I am struggling with. My MCQ sets are nowhere near where they should be.

I wish you the best and will be around this study group until test time. Talk to you later.

BEC 10/29/16
FAR 11/26/16
REG TBA
AUD TBA

[Vinti]

@tramaineRobinson Sure I will definitely post. And thanks. Good luck to you too.

[Author]

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