BEC Study Group October November 2013 - Page 101

Viewing 15 replies - 1,501 through 1,515 (of 1,548 total)
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  • #484910
    thehip41
    Participant

    Qlad

    I think the CFO and CEO sign those.

    They are written for the shareholders, but they are also written for MORE people than that. Ie, future investors, banks, SEC, etc

    D seems like the best answer

    FAR - 83
    AUD - 73 92
    BEC - 83
    REG - 88

    Licensed CPA in the state of Michigan

    #484946
    thehip41
    Participant

    Qlad

    I think the CFO and CEO sign those.

    They are written for the shareholders, but they are also written for MORE people than that. Ie, future investors, banks, SEC, etc

    D seems like the best answer

    FAR - 83
    AUD - 73 92
    BEC - 83
    REG - 88

    Licensed CPA in the state of Michigan

    #484912
    thehip41
    Participant

    Qlad, second question..

    C is wrong. All the rest you do to gain an understanding. C you do AFTER you have gained that understanding.

    FAR - 83
    AUD - 73 92
    BEC - 83
    REG - 88

    Licensed CPA in the state of Michigan

    #484948
    thehip41
    Participant

    Qlad, second question..

    C is wrong. All the rest you do to gain an understanding. C you do AFTER you have gained that understanding.

    FAR - 83
    AUD - 73 92
    BEC - 83
    REG - 88

    Licensed CPA in the state of Michigan

    #484914
    Anonymous
    Inactive

    Need some help with this question:

    Which of the following is not accurate about product differentiation?

    a) Differentiation can only be perceived by the consumer based on brand name

    b) Differentiation can be based on service

    c) Differentiation is always related to the cost of producing a product

    d) Differentiation can be achieved by market segmentation

    Ok, so I know the answer is C. But I initially chose A. I have this bad habit of choosing an answer right when I see the correct one. I finish tests quickly, but many times suffer on questions where there are multiple right answers but one is “more correct”.

    Anyways, is A incorrect, or do we have a case of a better answer. After selecting A, my error message was that it was incorrect and Differentiation can either be real or perceived by the customer. The use of ‘only' would seem to contradict the reasoning for the answer being wrong, since it explicitly states it can be real or perceived.

    Am I missing something here?

    #484950
    Anonymous
    Inactive

    Need some help with this question:

    Which of the following is not accurate about product differentiation?

    a) Differentiation can only be perceived by the consumer based on brand name

    b) Differentiation can be based on service

    c) Differentiation is always related to the cost of producing a product

    d) Differentiation can be achieved by market segmentation

    Ok, so I know the answer is C. But I initially chose A. I have this bad habit of choosing an answer right when I see the correct one. I finish tests quickly, but many times suffer on questions where there are multiple right answers but one is “more correct”.

    Anyways, is A incorrect, or do we have a case of a better answer. After selecting A, my error message was that it was incorrect and Differentiation can either be real or perceived by the customer. The use of ‘only' would seem to contradict the reasoning for the answer being wrong, since it explicitly states it can be real or perceived.

    Am I missing something here?

    #484917
    UCMCPA
    Member

    I think you should read A as “the only way differentiation is possible is this way”, thus making it incorrect. Also, as for the answer, the product could could actually be different resulting in a real difference, or the customer can believe it's different resulting in a perceived difference.

    FAR - 84
    AUD - 94
    REG - 86
    BEC - 86

    #484952
    UCMCPA
    Member

    I think you should read A as “the only way differentiation is possible is this way”, thus making it incorrect. Also, as for the answer, the product could could actually be different resulting in a real difference, or the customer can believe it's different resulting in a perceived difference.

    FAR - 84
    AUD - 94
    REG - 86
    BEC - 86

    #484919
    Anonymous
    Inactive

    @UCMCPA

    Well reading it that way, would still suggest A is a correct answer to the question?

    The question asks which is NOT accurate about product differentiation.

    A should be correct since perception by the customer is not the ONLY way to differentiate a product, as there can also be a real differentiation. This would make the statement inaccurate about differentiation and thusly a right answer.

    Maybe I'm getting caught up in something thats screwing me up.

    #484954
    Anonymous
    Inactive

    @UCMCPA

    Well reading it that way, would still suggest A is a correct answer to the question?

    The question asks which is NOT accurate about product differentiation.

    A should be correct since perception by the customer is not the ONLY way to differentiate a product, as there can also be a real differentiation. This would make the statement inaccurate about differentiation and thusly a right answer.

    Maybe I'm getting caught up in something thats screwing me up.

    #484921
    stokey45
    Participant

    Testing on Wednesday Dec 4th!! It is coming up quickly!

    I am taking progress tests on each chapter, focusing on one chapter per day and doing non-stop mini quizzes (progress tests). So far a am scoring in the low 80's except for ch. 3 in Becker which is financial modeling projections and analysis and capital management. In that section my scores are a in a bigger range, but on average about a 70-75. I will be focusing on chapter 5 tomorrow and 6 on Monday. And of course going back and doing more work on ch.3. I hope plan works because this will be my last exam if I pass.

    How are you doing in your last few days of studying?

    #484956
    stokey45
    Participant

    Testing on Wednesday Dec 4th!! It is coming up quickly!

    I am taking progress tests on each chapter, focusing on one chapter per day and doing non-stop mini quizzes (progress tests). So far a am scoring in the low 80's except for ch. 3 in Becker which is financial modeling projections and analysis and capital management. In that section my scores are a in a bigger range, but on average about a 70-75. I will be focusing on chapter 5 tomorrow and 6 on Monday. And of course going back and doing more work on ch.3. I hope plan works because this will be my last exam if I pass.

    How are you doing in your last few days of studying?

    #484924
    jennknee
    Participant

    My test is going to be at 12!!! I just did 120 wiley TB questions… Trying to calm down. If I don't know it now, I don't know it…

    AUD - 7/5/13 - 93
    FAR - 8/24/13 - 91
    BEC - 11/30/13 - 92
    REG - 2/24/14 - 91! DONE!

    CPAreviewforFREE, Wiley Test Bank, Becker, and NINJA FLASHCARDS. <3
    Candidate from California

    #484958
    jennknee
    Participant

    My test is going to be at 12!!! I just did 120 wiley TB questions… Trying to calm down. If I don't know it now, I don't know it…

    AUD - 7/5/13 - 93
    FAR - 8/24/13 - 91
    BEC - 11/30/13 - 92
    REG - 2/24/14 - 91! DONE!

    CPAreviewforFREE, Wiley Test Bank, Becker, and NINJA FLASHCARDS. <3
    Candidate from California

    #484926
    stokey45
    Participant

    Good Luck @jennknee. It IS very nerve racking. You are not alone.

Viewing 15 replies - 1,501 through 1,515 (of 1,548 total)
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