[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

[Anonymous]

@Amanda_88

Put ” I know everything” on top of the sheet

Good luck tomorrow

[Anonymous]

LOL I wrote “Take a deep breath…you can pass!” on the top. Becker says envisioning yourself passing the exam helps 🙂 Haha!

[Anonymous]

Hello, I registered to take BEC on 8/15 and I got through B1 and half of B2. I'm overwhelmed with the materials and keep forgetting what I've learnt. Any suggestions on how to tackle the calculation problems on B2 would be appreciated in advance.

[Anonymous]

Understand your Concepts, Write down all the formulas for BEC at one place, Keep doing your MCQs.

[GoVPI]

@Amanda_88

I hope your test goes great! I am confident you will pass and can't wait to hear your input

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

[Anonymous]

Thanks @CPAin14! My test is at 12:30 (Pacific time) so I have a few hours. I will definitely post about my experience. I'm just really hoping I feel confident walking out of pro metric or it's going to be really hard to start studying for Audit in a week.

[Anonymous]

Good Luck Amanda!!

[GoVPI]

@ Amanda, you will do just great. You've already passed AUD once, you will surely do it again!

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

[GoVPI]

Amanda and bpk coming back saying there isn't much cost accounting would be the best day ever..

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

[stoleway]

@CPAin14

You cannot escape cost accounting, its heavily tested..lol

REG -63│ 84!!
BEC- 59│70│ 71 │78!
AUD- 75!
FAR- 87!

Mass-CPA

[fiona87]

<3 cost accounting, HATE corporate governance. I hope there are LOTS of cost accounting questions. On my test. I hope yours is short on them, though.

FAR - 79 (11/27/13)
AUD - 76 (2/1/14)
REG - 77 (5/30/14)
BEC - 88 (7/18/14)

MN Ethics - 100% (3/9/14)

AND DONE! 8/1/14

[GoVPI]

@stoleway :'(

I thought financial was heaviest.. up to 23% of the test.

@fiona if only we could connect and share brain power.. i had a great auditing professor who banged corporate governance into our brain for 2 semesters. *sigh*

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

[Anonymous]

Dear Mr. Business Environment & Concepts:

I AM GOING TO DESTROY YOU WITH EVERYTHING I KNOW TOMORROW

[GoVPI]

Any business firm that has the ability to control the price of the product it sells:

A. Have a demand curve that is horizontal

B. does not have any entry or exit barriers

C. Faces a downward sloping demand curve

D. Has a supply curve that is horizontal.

The answer is C but I don't get why..

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

[sep7uakron]

AUD: April 2014 - 85
REG: May 2014 - 83
BEC: July 2014 - 82
FAR: August 2014 - 83

I'M DONE!!

[Author]

Replies