[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

[Zackrampage]

Does anyone have or know if there is a universal list of most commonly asked formulas?

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

[Zackrampage]

@nycaccountant hey man yeah I remember you. The groupbwas small and barely anyone in it. Because I started busy season I didn't have much study time but picking up now and planning for end of august. Did you pass. How was it?

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

[Anonymous]

hey all, I am planning to take the test 7/19. I have passed BEC once, but lost it due to my struggles with Audit. I now have passed Audit and only have BEC left. I need to pass, because if I don't pass it I will lose FAR & REG. I passed BEC 2 years ago with a 86 and then took it two days after I took AUD in the End of May. I only studied a couple of hours the last time and got a 70. I have been studying before and after work, but extremely nervous since I have a lot to lose. Is there any topics that I should constantly review more of? I feel like i have a general idea on all of the topics, and have more strengths in Financial management but no other true strengths.

[stoleway]

@zack…..there is a formular thread on this forum but it wouldn't be of any help.

My advice is write down the formulars yourself as you go through the review materials.

Even though I have taken it 3x and have all the formulars, I still write them down everytime I go back to reviewing BEC.

Devote 30mins each day to memorize all the formulars you've gathered.I believe this method will help you a lot.

Glad to see you again…lets do this

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

Mass-CPA

[Anonymous]

Hello, is there anyone from NOVA area who would like to meet up and study with me? We can motivate each other and share studying techniques. Let me know if you're interested.

[Zackrampage]

Thanks stoleway. My serious studying will start when back from upstate next week. I will write out all formulas and study them.

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

[Anonymous]

@DT_2_GT CPA Challenges

I lost BEC earlier this year too and got a 74 in May

Since its your last one don't underestimate this part. I passed easily 2 years ago with min study but I did put a lot efforts last quarter and failed!

I believe exam itself has changed, base on my experience and what other ppl told me that everytime focus area is very different. STUDY EVERYTHING AND KNOW EVERYTHING BY HEART

Reach to a point where you can read the question and know what they are trying to trick you!

Over all I think Chapter 1-4 in becker weighted more than last 2 chapters

[linkman311]

Came across a question where my solution says something different than Becker book. Easy question about penalty of CFO misrepresenting company under SOX, but the explanation for the correct answer is what got me.

It says “an individual who knowingly executes or attempts to execute, securities fraud will be fined or imprisoned not more than 25 years.”

So I look at the page in Becker and it says “Any individual…shall be fined and/or subject to not more than a 20-year prison term”

Which is right? Now I'm worried that these “updated” Becker books may have errors.

Confidence is a prerequisite for success

FAR - 1/1
AUD - 1/1
BEC - 1/1
REG - Q4

Have Becker, wish I got Roger

[gregt60]

Do any of you have any thoughts on the Becker Practice Exams? I just took one and scored 60%, but on all of my practice questions and ninja mcq I have been scoring around 75% – 90%. The Becker Exam seemed to have some harder questions associated in it. J

FAR-80
AUD-75
BEC-78
REG-77

[Anonymous]

I took a Becker practice exam and scored around a 79. The Becker exams are notoriously difficult so I wouldn't worry too much. I scored a 63 on my first audit practice exam and got an 81 on the real test.

[Zackrampage]

Can I have a few methods you guys use to memorize formulas. I know understanding is the best way but what if I dont seem to. Can I ever get aeay with memorizing and if so what are some good techniques I can use until tje end of august which will be edam day. I do much better on theory than math.

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

[gregt60]

Thanks. It was a shock to see 60% after doing decent on the ninja mcqs. My test is this coming Friday so I had a little freak out moment.

FAR-80
AUD-75
BEC-78
REG-77

[GoVPI]

If some of the questions on the exam are like Becker's homework's (calculations) as far as in depth.. I am going to run out of time!

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

[M.O.D.]

Let's go guys: Pop BEC questions. Let's keep the study group active:

According to COSO ERM, what is the definition of risk, and risk management?

BA Mathematics, UC Berkeley
Certificates in CPA and EA preparation, College of San Mateo
CMA I 420, II 470
FAR 91, AUD Feb 2015 (Gleim self-study)

[Zackrampage]

Need study tips for someone who has little time to do questions during the week.

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

[Author]

Replies