[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

[jes7879]

AUD - passed
BEC - retake in July

[Anonymous]

This test definitely seemed harder than my last…..topics covered were also very different. It's amazing how different the test can be each time you take it. My corp governance questions seemed normal this time 😉

[Anonymous]

@Jess7879, those style of questions throw a ton of info at you and hope that you miss some of the relevant details. I find the best approach to be to take a question like that step by step.

They've given the DM and DL per pound, so now with ABC you need to allocate the OH costs. From there most mistakes I've made are simply math errors/using the wrong denominator. First time I did that question I flew through it and thought they were making 1000 pounds of each which screwed up my allocation amounts.

[Anonymous]

@Casagarber well good news is you can put the books away until what, August 1st?

https://www.another71.com/cpa-exam-scores-results-release/

[Anonymous]

@Casagarber

Harder than last time??? I think It is a good sign! Can you tell the different between all three testlets?

[jes7879]

@bkp1 – thanks! that was my problem too. I guess just read it a couple times to be sure I get everything… always trying to trick us up!

AUD - passed
BEC - retake in July

[Anonymous]

@jes7879, no problem! They definitely try to trick us on questions! Appears your post with the question disappeared?

[jes7879]

I was going to take it down and put a different one up 🙂 You were too fast!

AUD - passed
BEC - retake in July

[Anonymous]

Wow, Becker's Final Exam #2 was rough…. averaged a 72 on the MCQ… that sucks : (

[IndianaCPA]

Took bec today. My questions were really really easy and stayed really easy. I wasn't incredibly ready for the exam. I scored pretty low on the Becker practice. Does anyone know how well you have to do to pass if you are given a really easy exam? I had the same really easy question three times. What makes an exam hard? I didn't have any questions that were overly wordy or a lot of math. I'm pretty nervous.

B 74, 79
A 62, 81
R 76
F 75

Done!

[Pumpkins]

Hi guys! Took AUD today, glad that's overwith.

Starting on BEC tomorrow… hear it's very random.

AUD- 93
BEC- 81
FAR- 1/26/2015
REG- TBD

CIA Exams Passed in March, 2014

[Stay_Positive]

My test is tomorrow. I have like every formula from Becker memorized and have been trending in the passing 70s on progress tests. I also have been going through the Ninja MCQs and like the fact that they are different from Becker. Did anyone else think the Ninja MCQs helped on the exam?

BEC - 69, 66, 78 (exp), 82
FAR - 69, 72, 66, 76
REG - 64, 66, 72, 80
AUD - 77
Ethics - 95
Waiting on License to be issued!!!

[Anonymous]

I'm really not sure how much the NInja MCQ helped. I know they are AICPA licensed…I find it crazy that the Ninja MCQ are so much harder.

[Stay_Positive]

@Casagarber – You think the Ninja MCQs are harder than the actual exam or harder than Becker? I don't think they are really harder…they just seem to ask things from a different angel. I'm just wondering if I should be focused on more Becker questions or Ninja questions at this point. I see you took your test yesterday…how do you think you did?

BEC - 69, 66, 78 (exp), 82
FAR - 69, 72, 66, 76
REG - 64, 66, 72, 80
AUD - 77
Ethics - 95
Waiting on License to be issued!!!

[Anonymous]

I scored around 10% lower on Ninja than Wiley.

[Author]

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