[jeff]

@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

[WANNABE_CPA]

Good Luck stoleway…you will do great 🙂

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[stoleway]

Thank you WANNABE…..First thing I will write on my work paper tomorrow is RTMFQ

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

Mass-CPA

[h0wdyus]

Stoleway. RTFQ and Get some sleep right away. you should not be up this late.

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

FROM NJ

[Anonymous]

What does RTMFQ stand for? Rock the Mother F***n' Questions?

[h0wdyus]

R= Read the rest you know. Whats going on over there. I still stuck with Eco.. review.

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

FROM NJ

[h0wdyus]

Can't type straight anymore. 🙂

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

FROM NJ

[EYNewHire]

I'm so nervous. My test is next Saturday and I feel so under-prepared. Hopefully my last one.

[h0wdyus]

@EYNew

You have the whole 6 days to prepare.. Start preparing. Cram time.

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

FROM NJ

[EYNewHire]

Yeah I'm trying. I still have to finish part of B5 and all of B6. At the rate I'm going I'll have two days to review before the exam. I just want to get it done with. At the start of this journey I thought 4 months was doable for all 4 parts. Now I'm not so sure.

[M.O.D.]

I made the essay question up.

Be careful what you wish for…

BA Mathematics, UC Berkeley
Certificates in CPA and EA preparation, College of San Mateo
CMA I 420, II 470
FAR 91, AUD Feb 2015 (Gleim self-study)

[h0wdyus]

whats in B5 and B6.. I don't have Beckers.

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

FROM NJ

[EYNewHire]

B5 so far has all been economics and it's a pretty fair bet it will stay that way.

B6 looks like just all the random topics that couldn't put in one entire lecture. From the titles I see some ops management, financial risk managment, decisions, and valuation.

[h0wdyus]

You have been able to pass the others in a short time. I don't see why you can't finish BEC off. Just CRAM till the exam.

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

FROM NJ

[EYNewHire]

Yeah I plan on it. I guess it's just pre-test jitters. I'll know I passed if I feel like I failed once I get out of the testing center. Happened to me all 3 times so far.

[RandomAlt]

Goodluck Stoleway…who should be starting the exam right…NOW!

As for the rest of us, here is another question:

Which one of the following statements regarding periods of analysis is correct?

A. Short-run analysis assumes that all inputs can be varied.

B. Long-run analysis assumes that all inputs can be varied..

C. Short-run analysis assumes that all inputs are fixed.

D. Long-run analysis assumes that all inputs are fixed.

FAR - [10/07/2013 --> 66] [07/07/2014 --> 86]
BEC - [08/31/2014 --> 86]
AUD - [11/24/2014 --> 88]
REG - [02/14/2015 --> 92]

[Author]

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