[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

[h0wdyus]

@stoelway

You will pass this time. I got up and started studying at 8:00 am, I thought about you putting in your NTS id in the puter. If you had theory questions and had issues so did other people who got the same test. The test is graded keeping in mind what other people scored.

These theory questions were they from GOV/IT and ECO or were they theory from Costing. Tackling Costing and Eco theory questions are much easier.

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

FROM NJ

[Zackrampage]

Also, has anyone who has recently taken BEC had any “None of these are correct” choices in a question?

FAR - 62 , End of aug 2015
BEC - 67, 67
AUD - TBD
REG - TBD

[RandomAlt]

Lol…back late to the party again.

h0wdyus … You were correct. The answer was D.

I swear when I read these theory questions I read them backwards. In my head I saw: A person could fraudulently authorize files because they know no one will be reviewing them.

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

[h0wdyus]

@random

Did you check the BEC thread. Difference between Change in demand and Change in Quantity Demanded ..

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

FROM NJ

[RandomAlt]

@h0wdyus

I just search and found it. Good little video.

Half of this test is going to be not using my logic to figure out answers…and the other half is using my guy to figure out the answer 😉

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

[h0wdyus]

@Random

“Half of this test is going to be not using my logic to figure out answers” I fell of my chair laughing.

Don't loose confidence. Just visualize the situation. You have this one in your pocket dude. Lets hope we get something that we can figure out on the test.

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

FROM NJ

[RandomAlt]

Lol…Yeah, I always worry, but I'm not panicked. Most of my stupid mistakes come down to RTFQ…which I freely admit I do not follow to the T when it comes to the review. I get a lot better during the actual test.

There are also many concepts I know VERY well, but obviously we don't really bring those up on this forum because we are trying to focus on what we are not sure about.

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

[EYNewHire]

Change in Demand = a shift of the demand line.

Change in Quantity Demanded= movement along the line caused by price levels.

Is that right?

[h0wdyus]

@EY

yes. that is all you need to know.

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

FROM NJ

[RandomAlt]

@EY

You may need to know a LITTLE more than that

Generally speaking

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

[EYNewHire]

@Random haha yeah I wasn't going to take that literally. 🙂

[h0wdyus]

Before Random goes really random. Let me complete the sentence. That is all you need to know about the discussion on that thread. 🙂

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

FROM NJ

[RandomAlt]

One topic I know very well

Which of the following is not included in what is considered the natural rate of unemployment?

A. Cyclical unemployment.

B. Structural unemployment.

C. Frictional unemployment.

D. Seasonal unemployment.

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

[EYNewHire]

A

[h0wdyus]

D

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

FROM NJ

[Author]

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