[jeff]

BEC Resources:

Free BEC Notes & Audio – https://www.another71.com/cpa-exam-study-plan

BEC 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

BEC Score Release: https://www.another71.com/cpa-exam-scores-results-release

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

[Anonymous]

I also postpone studying for a few days during the holidays. Just started hitting the books hard again. B2 was a pain, B3 doesn't seen as bad.

I feel like I might have to push back testing a week or 2, until I feel somewhat prepared. I started incorporated ninja notes into my daily studies (rewriting 10-13 pages a day). Hoping everything will click soon and I can focus on memorizing the materials.

Quick Question: Do you guys actually work on the SIMS? I understand the basics of business writing. I feel like this is material that I can just glance at during review.

[Anonymous]

I also postpone studying for a few days during the holidays. Just started hitting the books hard again. B2 was a pain, B3 doesn't seen as bad.

I feel like I might have to push back testing a week or 2, until I feel somewhat prepared. I started incorporated ninja notes into my daily studies (rewriting 10-13 pages a day). Hoping everything will click soon and I can focus on memorizing the materials.

Quick Question: Do you guys actually work on the SIMS? I understand the basics of business writing. I feel like this is material that I can just glance at during review.

[jeff]

This applies for anyone retaking exams in Jan/Feb and facing a mid-year credit expiration:

https://www.another71.com/cpa-exam-credit-expiration-aud/

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

[jeff]

This applies for anyone retaking exams in Jan/Feb and facing a mid-year credit expiration:

https://www.another71.com/cpa-exam-credit-expiration-aud/

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

[jordyjord15]

I take BEC and my first exam 1/8/14. The holidays were a real buzzkill on my study goals. Got 9 days to makeup for it.

BEC- Passed (78) 1/14
FAR- 4/14
REG-
AUD-

[jordyjord15]

I take BEC and my first exam 1/8/14. The holidays were a real buzzkill on my study goals. Got 9 days to makeup for it.

BEC- Passed (78) 1/14
FAR- 4/14
REG-
AUD-

[ipasscpa]

Please Help!!

For some reason I don't understand ch 2 of beckers. I am constantly scoring in 50s and its really getting on my nerves. How did you guys come across this chapter? Seems like the hardest part for me to pass. Even I am familiar with the topic, MCQ seems different and difficult to answer. Any help will be greatly appreciated.

CPA- VA

[ipasscpa]

Please Help!!

For some reason I don't understand ch 2 of beckers. I am constantly scoring in 50s and its really getting on my nerves. How did you guys come across this chapter? Seems like the hardest part for me to pass. Even I am familiar with the topic, MCQ seems different and difficult to answer. Any help will be greatly appreciated.

CPA- VA

[ithinkican2013]

@ipasscpa

I just ordered my Becker materials today!! Your scaring me now! I hope its not that bad. I recently passed the Reg section, but studying took me a lot longer than normal because I was so hard on myself about getting everything before I moved on to the next Chapter. I suggest finishing the chapter, do the hw and move on. Come back to it when you redo all the chapters again… Chances are you will see a lot of the information your getting stuck on in a later chapter with expanded explanations. Don't fret! It will click all of a sudden after moving on and you will know exactly what Im talking about.

Me on the other hand, I wish I could start studying right now so I don't get too lazy and get out of my routine, but good luck with everything. BTW what is CH 2 covering?

[ithinkican2013]

@ipasscpa

I just ordered my Becker materials today!! Your scaring me now! I hope its not that bad. I recently passed the Reg section, but studying took me a lot longer than normal because I was so hard on myself about getting everything before I moved on to the next Chapter. I suggest finishing the chapter, do the hw and move on. Come back to it when you redo all the chapters again… Chances are you will see a lot of the information your getting stuck on in a later chapter with expanded explanations. Don't fret! It will click all of a sudden after moving on and you will know exactly what Im talking about.

Me on the other hand, I wish I could start studying right now so I don't get too lazy and get out of my routine, but good luck with everything. BTW what is CH 2 covering?

[Anonymous]

“If a product has a price elasticity of demand of 2.0, the demand is said to be

A. Perfectly inelastic.

B. Relatively inelastic.

C. Perfectly elastic.

D. Relatively elastic.”

This is relatively elastic

try to remember this. elasticity is responsiveness. How much do people respond when price changes (the more they respond, the more elastic)

so if the quantity response % > price change % it is elastic

perfectly inelastic would be zero, price changes and people dont change their behavior (vertical line demand curve)

perfectly elastic is weird but it approaches infinity (horizontal line demand curve)

[Anonymous]

“If a product has a price elasticity of demand of 2.0, the demand is said to be

A. Perfectly inelastic.

B. Relatively inelastic.

C. Perfectly elastic.

D. Relatively elastic.”

This is relatively elastic

try to remember this. elasticity is responsiveness. How much do people respond when price changes (the more they respond, the more elastic)

so if the quantity response % > price change % it is elastic

perfectly inelastic would be zero, price changes and people dont change their behavior (vertical line demand curve)

perfectly elastic is weird but it approaches infinity (horizontal line demand curve)

[jeff]

Introducing NINJA Faye – Passed FAR and moving on to BEC

https://www.another71.com/ninja-cpa-blogger-faye-1/

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

[jeff]

Introducing NINJA Faye – Passed FAR and moving on to BEC

https://www.another71.com/ninja-cpa-blogger-faye-1/

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

[TargetCPA]

@ darcer,

Your answer is correct.

Elasticity is a measure of the sensitivity of consumer reaction to a change in the price of a good or service.

If price elasticity of demand is greater than 1, a certain percentage change in price will result in a greater percentage change in the quantity demanded.

In this situation, demand is said to be relatively elastic.

[Author]

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