[Q3] BEC Study Group 2014 - Page 105

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    Topic
  • May 14, 2014 at 3:33 pm #185552
    jeff
    Keymaster

    @h0wdyus

    Incorrect

    The answer is B. Comparable sales.

    “The use of comparable sales is not an income approach to valuation of a business, it is a market approach. Under the comparable sales approach, the value of a business is determined by comparing it to other entities with comparable characteristics for which the value is more readily determinable.”

    This was a tricky one

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

Viewing 15 replies - 1,561 through 1,575 (of 2,289 total)
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  • August 21, 2014 at 5:10 pm #595185
    EYNewHire
    Member

    I posted this before but I think it got lost in all of the long questions posts.

    Does anyone have page numbers for the Becker book that are super important when doing a review? Or just a list of need to know formulas?

    I take my test in a little over a week and I don't feel prepared (only had 3 weeks) but I don't have time to go back through the entire book. Any help would be greatly appreciated. Thanks.

    August 21, 2014 at 5:18 pm #595186
    lauren725
    Member

    CPAhopeful – CONGRATS! I am so relieved for you esp. since your crazy test experience. I am glad it paid off! Good luck to everyone else waiting or preparing to take the test next week. Crunch time and variances still suck!

    AUD - 73,91
    FAR - 79 - Thank you God!
    BEC - 73,79!!!!
    REG - 92 whatttt??!

    I used Becker review + flashcards, Ninja Audio, Ninja MCQ supplement on BEC and REG.

    Done! Praise God!

    August 21, 2014 at 5:22 pm #595187
    h0wdyus
    Member

    CPAhopeful congratulations to you. Good luck to you lauren. I take the test on 29th. Oh God bless us.

    FAR - 81 29th Aug 2013
    AUD - 84
    REG - 82
    BEC - 89 29th Aug 2014
    Using Yager

    FROM NJ

    August 21, 2014 at 5:31 pm #595188
    stoleway
    Participant

    @CPAin14…Good luck, I'm right here rooting for you:)

    @2014CPAHopeful….Congratulations, you did great.

    Anyway, I write mine on Sunday 24th. Lets see how it goes.

    Question….

    A company can finance an equipment purchase through a loan. Alternatively, it often can obtain the same equipment through a lease arrangement. A factor that would not be considered when comparing the lease financing with the loan financing is:

    A.

    whether the lessor has a higher cost of capital than the lessee.

    B.

    whether the lessor and lessee have different tax reduction opportunities.

    C.

    the residual value of the property.

    D.

    the capacity of the equipment.

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    August 21, 2014 at 5:33 pm #595189
    lauren725
    Member

    Howdy – I am 29th too! Prayers for that day.

    Are you in TX too by chance?

    AUD - 73,91
    FAR - 79 - Thank you God!
    BEC - 73,79!!!!
    REG - 92 whatttt??!

    I used Becker review + flashcards, Ninja Audio, Ninja MCQ supplement on BEC and REG.

    Done! Praise God!

    August 21, 2014 at 5:37 pm #595190
    h0wdyus
    Member

    New Jersey .. test time is 12:00 pm on 29th..

    FAR - 81 29th Aug 2013
    AUD - 84
    REG - 82
    BEC - 89 29th Aug 2014
    Using Yager

    FROM NJ

    August 21, 2014 at 5:39 pm #595191
    h0wdyus
    Member

    @ stoleway

    D. capacity stays same for both financing or leasing. so does not matter

    FAR - 81 29th Aug 2013
    AUD - 84
    REG - 82
    BEC - 89 29th Aug 2014
    Using Yager

    FROM NJ

    August 21, 2014 at 5:39 pm #595192
    lauren725
    Member

    Oh ok. Cool. yes I am at the same time too.

    AUD - 73,91
    FAR - 79 - Thank you God!
    BEC - 73,79!!!!
    REG - 92 whatttt??!

    I used Becker review + flashcards, Ninja Audio, Ninja MCQ supplement on BEC and REG.

    Done! Praise God!

    August 21, 2014 at 5:51 pm #595193
    stoleway
    Participant

    @h0wdyus

    you rock, good job

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    August 21, 2014 at 5:58 pm #595194
    h0wdyus
    Member

    Stoleway you are the rock star of tough questions. 🙂 keep em coming.

    FAR - 81 29th Aug 2013
    AUD - 84
    REG - 82
    BEC - 89 29th Aug 2014
    Using Yager

    FROM NJ

    August 21, 2014 at 6:08 pm #595195
    GoVPI
    Participant

    I didn't have an overhead variance questions on mine either only DL or DM btw

    BEC 8/14/14 - Passed
    Graduated from college 12/13/14
    AUD 8/31/15 - 74. Retake - Passed
    REG
    FAR

    August 21, 2014 at 6:09 pm #595196
    GoVPI
    Participant

    During my exam I kept saying dang it i bet MOD or stole would get this one lol

    BEC 8/14/14 - Passed
    Graduated from college 12/13/14
    AUD 8/31/15 - 74. Retake - Passed
    REG
    FAR

    August 21, 2014 at 6:13 pm #595197
    h0wdyus
    Member

    thanks CPA14

    FAR - 81 29th Aug 2013
    AUD - 84
    REG - 82
    BEC - 89 29th Aug 2014
    Using Yager

    FROM NJ

    August 21, 2014 at 6:29 pm #595198
    maxwillguy
    Member

    I'm sure its somewhere in this thread but I don't have time to read the whole thing. Can anyone recommend anyplace to find guidance on the written portion of BEC? I am using CPAexcel and I don't see anything about it in there.

    Topics possible? Length? Format (letter, memo, report, etc…)?

    FAR - Passed (2/14)
    REG - Passed (5/14)
    Audit - Passed (8/14)
    BEC - 8/31

    August 21, 2014 at 6:32 pm #595199
    Anonymous
    Inactive

    Thanks everyone! I am sending positive vibes for all of you…..

    Now onto FAR…..

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