[jeff]

Post by Another71.

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

[Anonymous]

For those using Gleim and Becker . Did you notice how much more in depth Gleim was for Corp. Governance opposed to Becker . Also Becker does not have any thing on bonds and Gleim does im wondering if i should even look at that chapter in gleim

[Anonymous]

I'm using Wiley, Is it me or are there are A LOT of equations/ratios?

[Tarheelgirl]

Its BEC. Get used to it there are tons of formulas that you will NEED to know.

FAR - 46, 79 (7/8/14)
AUD - 56, 59, 2/23/15 3rd times a charm!
BEC - 69, 74 Really??
REG - April, I hope. Fingers crossed!

[YourHandsAreCold]

Lame

[OnMyWay732]

There aren't THAT many formulas. I feel cost accounting are the only ones you wouldn't be able to rationally think of. Econ formulas are simple.

AUD - July 2014 - 76
REG - August 2014 - 82
FAR - November 2014 - 78
BEC - January 2015 - 81

DONE!!!!

Used Becker online. Who needs a text when you can burn your eyes out staring at the screen for months on end?

"Let me tell you something you already know. The world ain't all sunshine and rainbows. It is a very mean and nasty place and it will beat you to your knees and keep you there permanently if you let it. You, me, or nobody is gonna hit as hard as life. But it ain't how hard you're hit; it's about how hard you can get hit, and keep moving forward. How much you can take, and keep moving forward. That's how winning is done!"

[Anonymous]

Lame or not, you still need to know them. Does it suck? Absolutely. Will complaining about it change anything? Nope.

When I first started looking at BEC, all the formulas were overwhelming. I complained a bit and then I sucked it up and started to focus on the calculations.

[Anonymous]

Can someone explain this? Why is B wrong and C correct?

A company manufactures goods in Esland for sale to consumers in Woostland. Currently, the economy of Esland is booming and imports are rising rapidly. Woostland is experiencing an economic recession, and its imports are declining. How will the Esland currency, $E, react with respect to the Woostland currency, $W?

A. The $E will remain constant with respect to the $W.

B. The $E will increase with respect to the $W.

C. The $E will decline with respect to the $W.

D. Changes in imports and exports will not affect currency changes.

Thanks

[Anonymous]

@CPRV19 I think you have to look at the graph for supply and demand for this question . Normally we would use for macro economics the graph wher the x axis is real gdp and price level is the y axis. For this question demand for a different currency is a separate graph when y = domestic price level and x= demand foreign currency. When income or the local economy increase there is a demand for foreign products, imports , so shift the demand line to the right and when you plot your new intersecting point there is a higher local price which means lost purchasing power inflation .

I dont know if im explaining it right but this is the link of the picture

https://www.econedlink.org/lessons/images_lessons/342_supplydemand11.jpg

[Anonymous]

Well typically in a recession the currency declines in value and so foreign currency would be stronger and increase in value.

[trynapass]

I thought BEC was supposed to be the “easy” section, Im struggling with B1 and its only the first section in Becker!!

BEC: Passed
REG: Passed
AUD: Took it 3 times already
FAR: Currently studying

[Anonymous]

Trynapass: Yeah. A lot of people say the exact same thing. Heck, if you go back a few pages you'll see that I said the exact same thing. My advice is to get that thought out of your head right now and treat BEC with the seriousness it deserves. It has the highest pass rate but I don't think it's easy by any means. And if you think B1 is bad, wait until you hit B2 and then B3. B4 – B6 are supposed to be better but the first 3 chapters are pretty brutal.

Right now I'm really struggling with the Asset Effectiveness and Efficiency section of B3. I get the stuff at a conceptual level but I make tons of mistakes with the computations… I know I'll need to come back and hit this section again and really practice it. Tomorrow I'm moving on to B4.

[Tarheelgirl]

@angelwatch Post any questions you like that are giving you trouble. I am up for reviewing/quizzing.

FAR - 46, 79 (7/8/14)
AUD - 56, 59, 2/23/15 3rd times a charm!
BEC - 69, 74 Really??
REG - April, I hope. Fingers crossed!

[trynapass]

@angelwatch yea I'm trying to not think of it as an easy exam. Good luck with your studying also!

BEC: Passed
REG: Passed
AUD: Took it 3 times already
FAR: Currently studying

[Anonymous]

Thanks. Right now it's more of a “learn the damn formulas and know how to apply them” rather than concepts though.

[Tarheelgirl]

Anyone studying all day today and up for some quizzing each other???

FAR - 46, 79 (7/8/14)
AUD - 56, 59, 2/23/15 3rd times a charm!
BEC - 69, 74 Really??
REG - April, I hope. Fingers crossed!

[Author]

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