[jeff]

Welcome to the Q1 2017 CPA Exam Study Group for BEC. 🙂

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

[pharaoh]

Hello All, just started studying BEC and hoping to finish both BEC and REG before April 2017. Study hard everyone and good luck 🙂

FAR 8/2016
AUD 1/2017
REG TBD
BEC TBD

[KaliKingz]

BEC is the last test I need to finish. I've gotten a few 74s on this test before.
I only have two more shots at this test before FAR expires. Hoping i don't need the second try.

[ng3926a]

Im taking BEC January 21. Hopefully I pass so that I can then focus on finally mastering FAR and then be done with this monster.

This will be my first time taking the exam.

What is everyone using to study? I'm using Becker self study, ninja audio and notes.

[QueenCPA]

Hello Everyone,

I am taking my first exam, BEC, during the second week of January and have been using Becker plus Ninja MCQ's.

This is a great forum and have learned alot by reading previous posts and people's strategies.

However, Is there anyone who used the same combination (Becker + Ninja MCQ) and can you possibly provide me with any advice on how to maximize my chances.

Thank you

BEC- Ninja in training
AUD- Ninja in training
REG- Ninja in training
AUD- Ninja in training

[Anonymous]

Nathalia-this is my exam date too! I am using Becker and Ninja MCQ.

[Swan]

Hi everyone,

This will be my second attempt and hopefully last exam. I ended up making a 72 during the 4th quarter testing window and FAR will be expiring 2/28/17. My Becker study materials have also expired, was wondering if I should stick to Becker or go with something else? I study really well by watching the lectures, reading the chapters, and then doing the homework.

[CPYay]

Hi fellow BECers. I test Jan. 13. I started studying a couple weeks ago, finshed the Roger videos, and am about 300 MCQs deep in Ninja MCQ (avg 73% and trending 77%).

I'm struggling on section 3 of Ninja MCQ (Financial Management). Feel free to ask questions on that section. Teaching/explaining helps me learn!

Let's keep this thread alive and help each other destroy this test. I want to be a CPA in 2017!

[Abdulmajid]

Hi there,,,

Let me share with you my suffering with my first section in my CPA jurney

I have sat for my first CPA exam on 20 April 2016, it was BEC section and I scored 33,
Then I have retaken the exam on 5 July and the score decreased to 24!

On 1st November, was my last and third attempt! unfortunately scored (65)! I am literally angry now !!

Anyway, my target now became to pass BEC and REG before the new version in next April,

My plan is to take BEC on 3 January and REG on 9 March,

Although I often failed with very low marks and always feel that I am hopeless, but I don’t want to give up.
So my next exam going to be after two weeks ( January 3rd )

I am using Roger and Ninja MCQs this time

GOOD LUCK ALL!

[pharaoh]

Yes. Let's keep it alive. I am still in early stage (watching lectures), I will be here for sure when I start hitting questions.

@CPYay- Do you go through the IPQ before Ninja?

@QueenCPA – Do whatever works best for you. Some people like to watch lectures, some don't, some understand better when they take notes, some don't. For me I started with Becker, didn't like it, tried Gleim, didn't click until I came across Roger and it was there it is, this is what works for “me”

FAR 8/2016
AUD 1/2017
REG TBD
BEC TBD

[CPYay]

@Pharaoh

I don't touch the IPQs for the most part. Strictly use Roger for the videos while I follow along with the book and take notes.

I will go back to the book to understand a topic I need more guidance on. Other than that, Ninja MCQs are what I do once videos are completed. I'll maybe do a set of 20 IPQs just before my exam to see how I fare against Roger's (I feel like Ninja is harder).

[Jsn3004]

Wilson Corporation has a major competitor that produces a product that is a close substitute for Wilson's good. If the coefficient of cross‐elasticity of demand for Wilson's product with respect to the competitor's product is 2.00 and the competitor decreases its price by 5%, what is the expected effect on demand for Wilson's product?
A: A 5% increase in demand.
B: A 5% decrease in demand.
C: A 10% increase in demand.
D: A 10% decrease in demand.

The answer is D. Can someone please explain why the answer is not B? I made up my own numbers 200/100. I thought if the price (100) decreases 5% then the quantity demanded (200) would have to decrease 5% as well so the elasticity of demand remains at 2.00.

[cpaMD86]

@Jsn3004

Wilson's coefficient of 2 is directly correlated to his competitor's product (substitutes). So, a 5% decrease in price would result in a 10% decrease in demand for Wilson. (2 * .05)

FAR: 9/3

[rserrao24]

Test Date: January 7th

Finishing up B5 and B6 this week, then non-stop Ninja MCQ until game day. Let's go to work.

[pharaoh]

OUCH!! feel so rusty with numbers after audit. Going through the videos, the formulas seem easy but then going through the questions, I feel like Wooh! I can't think

FAR 8/2016
AUD 1/2017
REG TBD
BEC TBD

[pharaoh]

A company produces and sells two products. The first product accounts for 75% of sales and the second product accounts for the remaining 25% of sales. The first product has a selling price of $10 per unit, variable costs of $6 per unit, and allocated fixed costs of $100,000. The second product has a selling price of $25 per unit, variable costs of $13 per unit, and allocated fixed costs of $212,000. At the break-even point, what number of units of the first product will have been sold?

A-39,000

B-52,000

C-25,000

D-14,625

FAR 8/2016
AUD 1/2017
REG TBD
BEC TBD

[Author]

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