[jeff]

BEC Resources:

Free BEC Notes & Audio – https://www.another71.com/cpa-exam-study-plan

BEC 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

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

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[Anonymous]

In the review phase now and testing on Dec 5th. I hate cost accounting with a passion. I know every section is important but I feel very comfortable with IT and Econ so does anyone have any advice as far as which equations for cost are absolutely need to know ones?

[samdiegoCPA]

@Acolyte Yes, they do on every exam.

AUD: 84
REG: 84
BEC: 79
FAR: 83

[samdiegoCPA]

@Acolyte Yes, they do on every exam.

AUD: 84
REG: 84
BEC: 79
FAR: 83

[kevinco]

I might be headed back to this thread, I am in the BEC ‘bubble'

Boise State Alumni

05/08/13 FAR Passed - 80
07/09/13 AUD Passed - 96
10/10/13 REG Passed - 75
11/07/13 BEC 77!!! I am DONE!!!!!!!!
12/13/2013 Received my CPA license on my son's 6th birthday in the mail! My son is always a blessing!!

BS - Environmental Science
BBA - Accountancy

Becker Lectures and MCQs. Click on my avatar for my LinkedIn page.

[kevinco]

I might be headed back to this thread, I am in the BEC ‘bubble'

Boise State Alumni

05/08/13 FAR Passed - 80
07/09/13 AUD Passed - 96
10/10/13 REG Passed - 75
11/07/13 BEC 77!!! I am DONE!!!!!!!!
12/13/2013 Received my CPA license on my son's 6th birthday in the mail! My son is always a blessing!!

BS - Environmental Science
BBA - Accountancy

Becker Lectures and MCQs. Click on my avatar for my LinkedIn page.

[Qlad]

hi guys….

very simple question…but i keep forgetting the rules…

In a competitive market, an increase in demand for a product causes..?

answer is …increase in price of the product….i gave the answer…. Increase in product supply….thinking that it is competitive market so price will not change easily….

what is the logic behind the right one…? I feel that answer wud be right if they didn't say “in a competitive mkt”

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

hi guys….

very simple question…but i keep forgetting the rules…

In a competitive market, an increase in demand for a product causes..?

answer is …increase in price of the product….i gave the answer…. Increase in product supply….thinking that it is competitive market so price will not change easily….

what is the logic behind the right one…? I feel that answer wud be right if they didn't say “in a competitive mkt”

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[UCMCPA]

With the supply and demand questions you need to make sure of what they are asking. A change in demand/supply is shifting one of the lines, while a quantity change is movement along the existing lines.

Just draw a downward sloping line for demand, and an upward sloping for supply. The point they intersect is the equilibrium price and quantity when taken out to the axis. Now, an increase in demand is shifting it to the RIGHT and UP. If you draw a new downward line that crosses the supply curve, you can compare the old equilibrium to the new.

You will notice that an increase in demand that moves the demand curve to the right increases the price and equilibrium quantity.

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

[UCMCPA]

With the supply and demand questions you need to make sure of what they are asking. A change in demand/supply is shifting one of the lines, while a quantity change is movement along the existing lines.

Just draw a downward sloping line for demand, and an upward sloping for supply. The point they intersect is the equilibrium price and quantity when taken out to the axis. Now, an increase in demand is shifting it to the RIGHT and UP. If you draw a new downward line that crosses the supply curve, you can compare the old equilibrium to the new.

You will notice that an increase in demand that moves the demand curve to the right increases the price and equilibrium quantity.

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

[zxiao]

@Qlad

A change in demand doesn't affect supply.

A increase (decrease) in demand, will cause a increase (decrease) in price of that product.

A increase (decrease) in supply, will cause a decrease (increase) in price of that product.

I Can Do This!!!!!

BEC: 89
AUD: 99
REG: 93
FAR: 8/2/2014

[zxiao]

@Qlad

A change in demand doesn't affect supply.

A increase (decrease) in demand, will cause a increase (decrease) in price of that product.

A increase (decrease) in supply, will cause a decrease (increase) in price of that product.

I Can Do This!!!!!

BEC: 89
AUD: 99
REG: 93
FAR: 8/2/2014

[zxiao]

My test is tomorrow and it's my first exam. I did Becker multiple choices three times and did Wiley review book multiple choices once. I am reviewing my mistaken questions in Wiley review book now. After that, I'm going to re-read some chapters in Becker. Should I try Wiley Test Bank tonight as well? I really need some advice, please. I'm super nervous right now.

Thank you!

I Can Do This!!!!!

BEC: 89
AUD: 99
REG: 93
FAR: 8/2/2014

[zxiao]

My test is tomorrow and it's my first exam. I did Becker multiple choices three times and did Wiley review book multiple choices once. I am reviewing my mistaken questions in Wiley review book now. After that, I'm going to re-read some chapters in Becker. Should I try Wiley Test Bank tonight as well? I really need some advice, please. I'm super nervous right now.

Thank you!

I Can Do This!!!!!

BEC: 89
AUD: 99
REG: 93
FAR: 8/2/2014

[lvr21]

@zxiao

I know very very few people who go into the test feeling prepared. I have yet to go into a test and 100% ready for the test. I usually try to go over my weakest spots a little more the day before and do a couple SHORT MCQ quizzes and RELAX the night before the big day. Just belive in what you studied!

{R: PASSED!! (I passed one!)}
{B: PASSED!! (Halfway there!)}
{F: PASSED!! (1 left!!!)}
{A: PASSED(I am done!!)}

[lvr21]

@zxiao

I know very very few people who go into the test feeling prepared. I have yet to go into a test and 100% ready for the test. I usually try to go over my weakest spots a little more the day before and do a couple SHORT MCQ quizzes and RELAX the night before the big day. Just belive in what you studied!

{R: PASSED!! (I passed one!)}
{B: PASSED!! (Halfway there!)}
{F: PASSED!! (1 left!!!)}
{A: PASSED(I am done!!)}

[Author]

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