[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

[stoleway]

Zack…. it all depends on how well you retain info… I can't cuz I have to constantly memorize to keep them afresh.

I study 4hrs a day and typically devote 30mins everyday to memorize formulas.

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

Mass-CPA

[Zackrampage]

Sadly I cannot do 4 hrs during the week because I work all day. (Not willing to wake up at 4am). I get 1.5 -2 hrs a day during the week, and 6-8 weekends. I bought the ninja mcq, and am noticing it is significantly simpler than becker. This is scaring me 🙁 Any thoughts?

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

[Anonymous]

I need some advice. I am retaking BEC on Aug 28 (about 6 weeks from today). First time I got a 73.

My main study technique the first time around was watching the becker lectures and taking notes and reviewing those notes, but I did not do too many MCQ (big mistake). This time around I will work every single question (using Becker).

I watched every Becker lecture and took VERY detailed notes my first time around. Here is my question:

Should I rewatch every single lecture again, and take notes again, OR will reviewing my own detailed notes suffice? Either way, I will do every single MCQ after reviewing. Is it a waste of time to watch all of the lectures again, considering I have taken detailed notes already?

THANK YOU ALL SO MUCH. I LOVE YOU.

[Zackrampage]

I would personally try going to the mcq and see if you can do them. If you are seeing that you have no idea watch the lecture or read the book.

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

[JamesBJames]

I would say go through your own notes and then try the MCQ. If you're still struggling with a topic, go back to the main Becker stuff and figure it out.

FAR: May 1st, 2014 - 91
AUD: May 29th, 2014 - 97!
BEC: July 16th, 2014 - 91
REG: August 29th, 2014 - 88

Licensed December 2015

Feel free to add me on LinkedIn by clicking my username!

[Zackrampage]

Need some advice. I don't do well on calculation questions in BEC. Specifically cost accounting. If it is a basic simple formula I can handle it sometimes, but the multi-step ones are an issue. I have been doing Ninja MCQ, and not so well.

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

[WANNABE_CPA]

@Azer … Just go through your notes, go to back to the lectures you dont understand only with notes..I am in the habit of making detailed notes too so i know it takes alot of time, so ones you made are already good enough. Just focus on MCQs and re-reading your notes and book if need be. I would say target on getting 100% becker mcqs and take additional if you are still left with some more time.

Good Luck

FAR : 68, 74, 83 Thank you God 🙂
BEC : 78 (8/27) 🙂
REG : 72 ,80 (2/25) 🙂
AUD : 69,67, 07/23

[GoVPI]

CPAreviewforfree has some good multiple choice questions, I feel like they go over some things becker didn't much on. Just my opinion. I know they aren't AICPA licensed but they have been good so far (and they are free)

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

[jes7879]

@Zackrampage I just logged in here to post the same question you have. there are so many formulas in BEC to memorize I could use some advice. I am not good at memorization unless I really understand the concept. I'm doing the NINJA MCQs and am only in the 60s right now in my overall score. it's creeping up but slowly. Any advice or what has worked for someone else would be really helpful! thanks!!

AUD - passed
BEC - retake in July

[Zackrampage]

@jes I am reading Jeff's BEC Ninja Book right now, trying to understand every concept and working out the applications he has included in there book. If, when I do mcq I come across a simple question regarding a simple formula it is usually not too bad for me, but if it is a multi step problem which requires you to understand and know what to do not just memorize a quick formula I get very stuck :/

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

[jes7879]

Yes I feel the same way. simple ones are ok but when I have to do one calculation in order to get to the next like find CM then solve I get stuck also

AUD - passed
BEC - retake in July

[Zackrampage]

Most of my issues seem to be cost accounting related 🙁

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

[Anonymous]

@Zack and @Jes — I too am feeling that way — the cost accounting is a struggle for me. Anyone have any suggestions on how to tackle them or is the best way just to continue doing the MCQ?

[JamesBJames]

Boo, cost accounting. What specific part are you having trouble with?

Personally, I absolutely hated variance analysis, but then I made a spreedsheet and used it for questions that asked for variances, and I feel like that really helped me. I put labels everywhere and explained what was supposed to go where, what “standard quantity allowed” meant, whether I was supposed to use output or DLH for calculations, etc. By the time I took the exam, I just knew what I was supposed to do.

It also helped that Becker's cost accounting questions seemed way more difficult than anything I encountered at Prometric. Could be luck of the draw. (Could also be that I failed miserably. Who knows?)

FAR: May 1st, 2014 - 91
AUD: May 29th, 2014 - 97!
BEC: July 16th, 2014 - 91
REG: August 29th, 2014 - 88

Licensed December 2015

Feel free to add me on LinkedIn by clicking my username!

[Zackrampage]

@ James Regarding the CPA exam itself having easier questions than becker or some other review programs i agree with you, I encountered the same on FAR (but didn't pass due to simulations and lack of JE knowledge). I seem to be ok with Price/Rate variances as well as Labor/Efficiency variances after working many problems the are starting to click. Today I did a whole bunch of “operational management” questions in the ninja mcq program which is mostly cost accounting, and seem to have a lot of trouble with long calculation questions regarding several steps with DM,DL,WIP etc.. I guess I will need to keep practicing, and hope like last time, the real exams mcq aren't as hard as my becker or ninja mcq's. I started a new study approach today by reading the ninja BEC book and going over the steps in the long question “applications”.

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

[Author]

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