[jeff]

Free Study Planner, Notes, Audio, Flashcards: https://www.another71.com/cpa-exam-study-plan/

Free CPA Exam Survival Guide: https://www.another71.com/cpa-exam-survival-guide/

[johnny_debt]

@Amor D, I'm not going to reschedule all my exams, but its good to know that we can take an exam in December. I just tried a trial reschedule and all my test centers don't test in December. It must be something offered outside of my area.

AUD - 91
BEC - 84
FAR - 91
REG - 91

[Kathy2014]

BEC tomorrow. Got 75% on the 1st Becker sample exam. I do not think I am ready for the exam. Are there many variance questions in the real exam? How do you budget your time during the 3 hour exam? Any advice?

CA Candidate

FAR - 72 (2/26/2014) 236 hours; 81 (5/28/14) 120 hours
AUD - 71 (4/3/2014) 219 hours; 85 (7/3/14) 118 hours
REG - 66 (8/28/2014) 220 hours; 88 (11/6/14) 128 hours
BEC - 77 (11/26/14) 158 hours -DONE!!!!-

PETH - 78 (5/20/15); 92 (5/25/15)

[BEACPA]

Greetings Future CPAs,

I'm writing to ask a question on the multiplier effect from a Becker perspective. In B5, on page 11, they state that the formula is 1/(1-MPC). I tried to apply this to the MCQ CPA-8312 (shown below) and I don't see how it applies. It is as if Becker left something out of their formula. Could any one help me with this? Thank you in advance for your time!

The full-employment gross domestic product is $1.3 trillion, and the actual gross domestic product is $1.2 trillion. The marginal propensity to consume is 0.8. When inflation is ignored, what increase in government expenditures is necessary to produce full employment?

Cheers,

BEACPA

FAR - 2/28/14 PASS Praise be to God!
AUD - 7/5/14 PASS Praise be to God!
BEC - 11/29/14PASS Praise be to God!
REG - 2/28/14 PASS Praise be to God!

[NeverGiveUpCPA]

Smart Co. uses a static budget. When actual sales are less than budget, Smart would report favorable variances on which of the following expense categories?

Sales commissions Building rent

A. Yes. Yes

B. Yes No

C. No. Yes

D. No. No

The answer was so vague on wiley. Can someone please explain it to me? Thz a lot!!

[johnny_debt]

@NeverGiveUpCPA,

IS the answer B?

When compared to a static budget, the budget doesn't change hence static. Since they sold less than the static budget, the they will pay less sales commission because commissions are usually variable cost and are dependent on completed sales.

Building rent won't change because its a fixed cost.

AUD - 91
BEC - 84
FAR - 91
REG - 91

[johnny_debt]

@BEACPA,

Full employment is $1.3 trillion, but the actual GDP is $1.2 trillion. Therefore we are looking for an increase in investment (government expenditure) which after the multiplier effect will increase actual GDP by $100 billion.

The formula 1/(1-MPC) is the multiplier. So by plugging in the MPC from the question of 80%, we get the formula 1/(1-80%) which is 1/(.2) = 5. Therefore each dollar of additional government expenditure/investment would increase GDP by 5 dollars.

In order to increase GDP by $100 billion we would need additional GDP government expenditures of $20 billion (100/5).

AUD - 91
BEC - 84
FAR - 91
REG - 91

[BEACPA]

@johnny_debt

Thank you very much for taking the time to explain this to me. You did a great job at breaking it down into manageable pieces that flowed logically into the ultimate solution. You would be a great asset to Becker's team of instructors. Thank you again and have a Happy Thanksgiving!

Peace,

BEACPA

FAR - 2/28/14 PASS Praise be to God!
AUD - 7/5/14 PASS Praise be to God!
BEC - 11/29/14PASS Praise be to God!
REG - 2/28/14 PASS Praise be to God!

[NeverGiveUpCPA]

@johnny_debt yes u r correct.

Thz for explaining it to me. I can tell u r ready for the exam!

[oblio]

Packet filtering is often part of a firewall program for protecting a local network from unwanted intrusion.

[johnny_debt]

@NeverGiveUpCPA,

Not sure I am ready, but do we ever feel ready for these things? Hopefully I do well.

Good luck all!

AUD - 91
BEC - 84
FAR - 91
REG - 91

[kappa1032]

great explanation @johnny_debt! I was having trouble with Becker's explanation

FAR - 81
REG - 74, 87
AUD - 88
BEC - 88

Finally.

“The only guarantee for failure is to stop trying”
― John C. Maxwell

[Ssbknyc]

Looking to start studying for BEC.. Any advice? I'm planning on studying dec1 and want to take the exam early jan..is this doable?

Done 08/2014-08/2015

[icandoit]

Hi everyone,

I failed BEC. I studied with Wiley textbook and Online Testbank (tried two times).

I don't know as to how I can get a passing score for this exam. I thought I passed… But the score was horrible. Since I can't spend much on study materials, which course review or material do you recommend?

FAR: 74, 80
BEC: 70, 68, 2/28/15
REG: 75 Expired; 72
AUD: TBD

"And all things, whatsoever you shall ask in prayer, believing, you shall receive". Matthew 21:22

[Future Ninja]

@icandoit try Ninja MCQ and Ninja BEC Book. I am using it for Q1 2015 BEC test.

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

[krokofilen]

This is one hell of a long wait for Dec 9.

I walked out of the prometric centre with a feeling that I had passed BEC. Not sure if that's good or bad, since I have not been anywhere close to as positive after FAR, REG or AUD. So very exciting to see what the outcome will be.

I studied for 2.5 days.

Big 4 Audit Manager from Europe here to pass the CPA in the U.S. of A in 2014! Niiice!

AUD - 95 / Jul 15 / 130h over 4 weeks
FAR - 86 / Aug 14 / 240h over 4 weeks
(11 week break)

REG - 81 / Nov 14 / 200h over 4 weeks
BEC - 87 / Nov 17 / 30 h over 2.5 days

[Author]

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