BEC Study Group Q4 2014 - Page 69

Viewing 15 replies - 1,021 through 1,035 (of 1,325 total)
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    Replies
  • #626665
    jstay
    Participant

    NJ, im in the same boat with you and my test is wednesday, especially since i have not taken Audit and feel like some questions are audit-like, also i swear i had one from FAR which i got right. i have about 400 mcq in ninja left so ill probably do about 200 more while doing 72 question progress tests in the morning as well as my marked questions.

    #626666
    lauren725
    Member

    Ya I pretty much feel the same. I finished 80% of the questions so hopefully that will help. Don't get too stressed about it!

    AUD - 73,91
    FAR - 79 - Thank you God!
    BEC - 73,79!!!!
    REG - 92 whatttt??!

    I used Becker review + flashcards, Ninja Audio, Ninja MCQ supplement on BEC and REG.

    Done! Praise God!

    #626667
    Anonymous
    Inactive

    I just got a 80% on the entire 89 question session on the WTB for Econ, but now I'm sure I will get a 59% on Ninja LOL.

    #626668
    Anonymous
    Inactive

    If a database has integrity, this means that the:

    A.

    software was implemented after extensive acceptance testing.

    B.

    database has only consistent data.

    C.

    database is secure from accidental entry.

    #626669
    Anonymous
    Inactive

    Welp, scored a 54% instead. I really don't want to do anymore Ninja questions as all they do is discourage me.

    #626670
    jstay
    Participant

    B right, consistent data?

    #626671
    Anonymous
    Inactive

    Yep, the answer is B.

    #626672
    Anonymous
    Inactive

    Have BEC in 48 hours. Any last minute advice?! I just don't feel like I can keep all this stuff stright in my head. Are there a few formulas I should absolutely KNOW that could help lead me to others in a question or do I really need to try to memorize ALL of them?

    I am also struggling with Variances. I can't figure out how to know what info to use. I know the formulas, but end up using the Std Rate when I should use hours or price when I should use quantity. I am so lost!!

    I haven't even practiced a written memo. Do we have to know the right/wrong info or is the written part more about the format and grammar and such?

    #626673
    Tarheelgirl
    Member

    Is anyone up for a power weekend of studying? Goal is to get in 20 hours of hardcore studying this weekend!

    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!

    #626674
    Anonymous
    Inactive

    All I'm going to say is I hate BEC! The questions are so long

    #626675
    Anonymous
    Inactive

    The use of ABC normally results in: substantially greater unit costs for low-volume products than is reported by traditional product costing.

    I thought if low-volume products then low cost. Why is the answer choice the opposite?

    #626678
    Anonymous
    Inactive

    Alright everybody lets have a good weekend of studying. Gearing up for yet again potentially last test. WE CAN DO THIS! Good luck all!

    #626679
    Tarheelgirl
    Member

    Anyone know how to solve for this question?

    Johnson Co., distributor of candles, has reported the following budget assumptions for year 1: No change in candles inventory level; cash disbursement to candle manufacturer, $300,000; target accounts payable ending balance for year 1 is 150% of accounts payable beginning balance; and sales price is set at a markup of 20% of candle purchase price. The candle manufacturer is Johnson's only vendor, and all purchases are made on credit. The accounts payable has a balance of $100,000 at the beginning of year 1. What is the budgeted gross margin for year 1?

    $60,000

    $70,000

    $75,000

    $87,500

    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!

    #626680
    jstay
    Participant

    70,000?

    300+ 50 (A/P begin (300,000) x 1.50 = 350,000).

    350,000 x .20 markup =70,000

    350+ 70= 420.

    420 – 350= 70,000

    #626681
    jstay
    Participant

    70,000?

    300+ 50 (A/P begin (300,000) x 1.50 = 350,000).

    350,000 x .20 markup =70,000

    350+ 70= 420.

    420 – 350= 70,000

Viewing 15 replies - 1,021 through 1,035 (of 1,325 total)
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