[jeff]

Post by Another71.

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

[Tarheelgirl]

Economics under NINJA are tough! I didn't have many economics questions on my exam but I am not getting it tonight. Guess its bedtime for me. A new day tomorrow.

How about some Economics questions tomorrow Future Ninja? I'll try to add in some myself when I get the chance to log on.

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!

[Anonymous]

Future Ninja – D and B

Tarheelgirl – I felt that way last night and am now back at it this evening. Sometimes you got to know when to fold 'em.

[Future Ninja]

@Tarheelgirl okay then. economics tomorrow.

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Future Ninja]

@Tarheelgirl – as promised economics question today.

#1. If a group of consumers decide to boycott a particular product, the expected result would be:

a. an increase in the product price to make up lost revenue

b. a decrease in the demand for the product

c. an increase in product supply because of increased availability

d. demand for the product would be completely inelastic

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Tarheelgirl]

🙂

1. B

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!

[Tarheelgirl]

2. In order for the Federal Reserve System to increase the money supply, the appropriate policy is to

A. Encourage banks to increase their holdings of excess reserves

B. Increase the discount rate

C. Engage in open-market purchases of government securities

D. Raise margin requirements on stock market pruchases

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!

[Anonymous]

Future Ninja – B

Tarheelgirl – C

[Anonymous]

Good call on econ, I am working through B5 lectures now and have about 2 hours left.

[Tarheelgirl]

Correct. C is the correct answer.

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!

[Future Ninja]

just came out from work. more econ question later.

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Anonymous]

Still pushing through Cost Accounting stuff. I'll start on Becker 3 this weekend but I really want to make sure I've got Cost Accounting nailed down. I know I'll be coming back to this in the future but, for now, it's starting to make a bit more sense.

[Future Ninja]

#1. If a group of consumers decide to boycott a particular product, the expected result would be:

a. an increase in the product price to make up lost revenue

b. a decrease in the demand for the product

c. an increase in product supply because of increased availability

d. demand for the product would be completely inelastic

correct answer is B.

AUD - 79 (expired) retaking July 28,2016
FAR - 76 expiring July 31, 2016
BEC - 85
REG - 74,74,74,74,59,70,

[Determined CPA]

Future ninja – youre taking BEC and FAR so close together – are you studying both at the same time?

A - 75
B - 78 God is good.
F - 77 Answered prayers.
R - 84! Done!!

Paperwork sent - waiting for license!!
Still on a cloud and in shock. Through God, all things will happen.

[jeff]

MCQ users – NINJA Chat is live: https://www.another71.com/cpa-exam-forum/topic/ninja-chat-is-live

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

[Anonymous]

Another question for those who have taken BEC before:

In Becker's B2 lecture, there is a sub-section on Forecasting and projections. One of the concepts they really go into is Regression Analysis. Have people really seen this on the exam? I understand it at a very high level but I've always had trouble getting the details straight when being exposed to it in various classes.

Thanks much,

[Author]

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