[Q3] BEC Study Group 2014 - Page 136

  • Creator
    Topic
  • #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 - 2,026 through 2,040 (of 2,289 total)
  • Author
    Replies
  • #595665
    Anonymous
    Inactive

    It's absurd in length and detail.

    #595666
    EYNewHire
    Member

    One of the reasons I don't like Becker along with Tim Gearty is the appendices. The course is expensive. The least they could do is cover everything in the book in their lectures.

    #595667
    GoVPI
    Participant

    Heres what im trying to say about length

    Becker: Calculate working capital

    Cash 399,444,6565.5484

    Acc Rec 948493498549

    Random other 49439

    Accounts that 943909023

    Dont make sense 409403222

    Liabilites

    Accts payable: 8437738393

    Short term loan: 928398402398492

    Random other accounts etc

    Actual Test: Calculate working capital

    Cash: 1,000

    Acc Rec: 3,000

    Liab

    Accounts Payable 500

    Short term notes payable: 1500

    Long term notes payable: 200

    Its more simplified and doesn't have a lot of extra garbage

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

    #595668
    h0wdyus
    Member

    Yaeger uses no appendix. Its in the main wiley book that is it.

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

    FROM NJ

    #595669
    Zackrampage
    Member

    15 hrs till BEC!

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

    #595670
    h0wdyus
    Member

    @Zack

    Good luck dude. Do your best and no stress. Stress is the killer.

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

    FROM NJ

    #595671
    EYNewHire
    Member

    @h0wdyus When do you take the exam?

    #595672
    h0wdyus
    Member

    Friday 29th Aug 12:00 pm NJ. What about you.

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

    FROM NJ

    #595673
    Zackrampage
    Member

    Thanks howdy. Im done stressing and studying. I did all I could. Going to enjoy the evening and go 5o bed a bit early. Prometric called today and said I can come up to an hr early tomorrow mornin. So I think I will get there like 8am. I have 150 min for the test?

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

    #595674
    Anonymous
    Inactive

    I test a little before 4 PM, but I'm going in early to see if I can start beforehand.

    #595675
    EYNewHire
    Member

    12:30 Saturday the 30th

    #595676
    YORKER
    Member

    Guy's how are you preparing for the written communication? Are you practicing writing them or are you just focusing on multiple choice questions?

    #595677
    lauren725
    Member

    Good luck Zach, and everyone else testing tomorrow. Less than 48 hours to go for me…just trying to review the book and MCQ's as much as I can until game time. ^^ For WC, I have just reviewed becker's examples and looked at the format and suggestions from the book and from this website.

    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!

    #595678
    h0wdyus
    Member

    @lauren

    I am also reviewing the book. Every time I look at Eco portion I find new stuff. 🙂 🙂 🙂

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

    FROM NJ

    #595679
    EYNewHire
    Member

    @YORKER I haven't even started looking at it. I've been told to do a quick search on the forum. Apparently there is a thread with a wealth of information about strategies to tackle the WC.

Viewing 15 replies - 2,026 through 2,040 (of 2,289 total)
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