[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

[TigerWoods]

Anyone done a practice test yet?

[h0wdyus]

@TigerWoods

I have never been able to reach the level of doing a practice test. 🙂 . Thought I would mention that. Holds true for all the exams I have taken.

So if you are not able to get to practice test then so be it. I focus on trying to review the concepts.

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

FROM NJ

[Anonymous]

@Tiger, apparently Becker's first one is too easy and the second one is nearly impossible.

I'm not even going to bother.

Also, if you guys use Becker to do progress tests, how many questions are included in each one?

[EYNewHire]

@ _Nick_ thanks for the info. I'm just going to do the second one then. Hopefully I can pass it.

[TigerWoods]

I didn't think the second one was impossible, but it was definitely challenging.

[Anonymous]

I'm sure you guys will do great. I guess I should get around to those practice tests.

[GoVPI]

I did not do the practice exams, I opened my BEC software and looked through the practice exams last night. Literally they do not compare to the test. I would really enjoy knowing what I did terribly on for the exam, but I already know, it was the cost accounting, which there was not much but I know i got those 3-4 questions wrong and there were some questionable IT ones also. The becker practice exams are just out of this world harder. The exam is just alot shorter and more simple in length but the concepts are there.

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

[Anonymous]

How is it shorter? 72 questions is 72 questions.

I'm guessing you're referring to length of each individual question based on calculations?

[TigerWoods]

Let me know what you guys think about the Becker second practice exam if you take it.d

[Anonymous]

@Tiger, what did you think?

[TigerWoods]

First one was a lot of old homework questions, so it wasn't the best judge. Second was great because of fresh questions. It was pretty difficult, but I managed to get right below a 75 average on m/c. I'd recommend the second one just to see new questions.

[Anonymous]

@Tiger, I'll be doing that one tomorrow.

Just knocking out 24 MCQ testlets today.

[EYNewHire]

I also will be doing the practice exam tomorrow. Just finishing up some B6 then practice testlets like _Nick_

[Anonymous]

For those using Becker, appendix in IT chapter looks absurd. Thoughts?

[TigerWoods]

I've been told to make sure I look at it.

[Author]

Replies