[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

AUD - 79
BEC - 80
FAR - 76
REG - 92

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

[rzrbkfaith]

I have been second guessing myself too… “Did I only get medium testlets?” “Did I bomb something that I didn't realize?” I think the biggest indicator for me was the length of time to complete the testlets. Each of them took a little longer than the last and I did have more questions marked in the second and third testlets, but I didn't think the test was just horrid either. It was not even comparable to the practice test 2 on Becker. I did have a lot of theory questions but I felt well prepared for those (mostly). I did have several questions that were IDENTICAL to Becker.

AUD - 99
BEC - 97
REG - 91
FAR - 1/8/16

[Anonymous]

I think subconsciously, I was expecting a blood bath of variance problems with details calculations and was surprised by what I got. Don't get me wrong, some theory questions required educated guesses but it sounds like rzr had I had the same test..

Lauren, sounds like yours started out rough from the get-go.

[lauren725]

Yep I got that kind of test you speak of.

I am sure you did good. And that's great you didn't get a super hard test. I feel like I got lucky like that with FAR but can't win them all….haha we shall see. You never really know with these things.

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!

[h0wdyus]

1st Testlet took 28 minutes to finish. There was one calc I was making a stupid mistake on, otherwise it would have taken 25 min.

2nd Testlet, I would not call it hard, it was more involved some more calcs not too many. You really have to know the concepts, memorizing formulas will not work in this test, you still need to know the formulas though.

3rd Testlet I would say was ambiguity at its best. Questions on topics i knew were just frustrating. You can say that the 3rd testlet was not a pleasant experience. In a nutshell, if they put in calcs the test would be a lot easier. These theory questions are a killer. I feel i could pass. 50 50 chance. Will have to wait for 9th Sept.

We were all well prepared, it was the ambiguity and stupidity of the theory questions that is really annoying and hard to prepare for.

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

FROM NJ

[Anonymous]

I think my difficult questions came in the form of theoretical length and IT/COSO whereas some of yours came in calculations.

Still can't get over that first testlet..

[rzrbkfaith]

Exactly Nick!!!!

AUD - 99
BEC - 97
REG - 91
FAR - 1/8/16

[Anonymous]

@Rzr, if it weren't for your testimony, all of these cats would have me freaking out..

[rzrbkfaith]

What do you think I've been doing? LOL I have seriously been obsessing over my experience and whether that meant I failed.

AUD - 99
BEC - 97
REG - 91
FAR - 1/8/16

[Anonymous]

@Rzr, I would be flabbergasted if I bombed that first testlet, man….

[h0wdyus]

The wait for 9th Sept begins.

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

FROM NJ

[Sir Study Alot]

@ h0wdyus I hope you pass. You have been taking and passing the tests in the same order as me. I will be done also if I pass BEC and it will be cool to give you a cyber cheers!

Passed all 4 exams in 2014!

[RandomAltsAlt]

Sorry I haven't been posting everyone…I actually have, but you just aren't able to see them.

So I made this alt until things can be figured out. I think you should be able to figure out who I am.

[RandomAltsAlt]

So I found this in a MCQ on CPAreviewforfree and I literally laughed out loud in the middle of Einstein Bagels

“Leroy Jenkins has just been appointed marketing manager of Wow Corp. Which of the following statements is true?”

Anyone who played World of Warcraft…what, 5-7 years ago, will understand this reference

[missjones513]

BEC in a few hours. Just trying to relax. Reading notes. About to have some breakfast and coffee.

They're only going to ask me stuff I remember 🙂 *repeats to self*

REG - 5/29/12 (64), 10/1/12 (74), 5/20/13 (75, expires 12/31/14)
FAR - 8/14/12 (64), 8/5/14 (75)
BEC - 11/19/12 (70), 2/25/13 (72), 11/21/13 (73), 1/21/14 (73), 8/30/14 (72), 11/24/14 (75)
AUD - 4/22/13 (65), 10/12/13 (79)

I'm done!!!

Ethics - Pass

[RandomAlt]

Lol…and then there was one…

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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