[jeff]

Welcome to the Q4 2016 CPA Exam Study Group for BEC.

If this is your first post in the study group – please post your target exam date (just the time frame to preserve your anonymity), and your past history with this exam (optional, of course).

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

[nk522]

I've read posts where some people say “I know I had X amount of pretest questions” or “I knew which written communication was pretest.” How does one conclude that something is a pretest question?

[financetx]

My first CPA attempt, BEC is tomorrow. Going into it with the following Ninja MCQ stats. Very nervous. I've been focusing on a lot of the tricky cost accounting questions like EUP and price/efficiency variance.

Total Questions – 1,367
Questions Not Answered Correctly – 442
Questions Not Seen – 208
Total Question Attempts – 1,803
Average Score – 70%
Average Trending Score – 85.83%

[rhayder]

I’ve read posts where some people say “I know I had X amount of pretest questions” or “I knew which written communication was pretest.” How does one conclude that something is a pretest question?

You don't. They think they know but they don't know.

[CPA_Chik]

So, tomorrow I'm going in the arena to have a match with BEC. I feel like a freaking gladiator now who doesn't know but really hopes to crush the beast (I mean BEC). And on top of it it's my Birthday!!! So happy freaking birthday to me!!! All I want for my B-day is to pass BEC (and then FAR)!!!

REG - 75!!!
FAR - 66; 73 (FML!!!)
AUD - 09/16
BEC - TBD

[jms10101]

Good luck CPA chik. Happy birthday too! Let us know how it went, ok? I took mine last Monday….not easy.

[financetx]

I walked out feeling “meh.” Looked up a lot of questions after I got out and I'm second guessing myself. Hoping for a 75!

[So FAR So Good]

Great Odin's Raven! The second Becker BEC practice exam is absolutely BRUTAL! I was feeling semi-confident after getting in the high 80s on the first exam, only to have my confidence totally shattered after getting a 60 on the second one. Wow… I sincerely hope the exam tomorrow is nothing like what I just experienced. I don't even know where to begin digging into material with such little time remaining…

F - 91 (6/5/2016)
A - 7/30/2016
R - 10/8/2016
B - 12/10/2016

[melonbread]

I used Becker and worked on all homework MCQs including supplemental ones. I kept working on them till I trend above 85%. On the first pre exam I scored a 70 including 100% WCs. On second one a 59.

I had never taken economics or cost accounting at college.

I took the actual exam on Nov 28th. I didn't feel good after the exam. I felt I should have studied more about CG.

Although, I passed with a 75.

I'm an international candidate and I'm pretty sure I didn't do well on WCs but one thing I can say is you need to work on cost accounting. It's so important and if you understand it, it's actually fun.

[SONA]

Hi,

Does anyone knows when will Q1-2017 score will be released. I will be taking my BEC on January 3rd, wondering when will score release?

[SONA]

3 Weeks left for BEC, finished Becker B1, B5, B6.

Any advise? Any tips, greatly appreciated.

Thanks

[Anonymous]

That's great! At least you got it out of the way! You said you felt you should have spent more time on CG…What is CG?

[Abdulmajid]

SONA,,
I really what to know that also as I will take my exam with you on 3rd Jan

I hope its not same the current year ( if you take it before 20 Jan , Score on 4 Feb ) more than a month of nervous and uncertainty 🙁 !!

My advise for you is to crush not less than 1500 MCQ before you set for the exam

[SONA]

Thanks.

[rossch201]

Can someone help w/ this question? All info below.

NPV
Initial Investment $100,000
Net cash flows 3 years: $55,000
Tax rate: 40%
Discount rate 10%

Thx!

[So FAR So Good]

Is it ($17,933.95)?

PV Factor = 1/(1 + rate)^# = 1/(1+.10)^3 = 1/1.1^3 = 0.751315

Then PV of Annuity = (1-PV Factor)/rate = (1-0.751315)/.1 = .248685/.10 = 2.48685

PV of an Annuity on $55,000 cash flows = $55,000 x (1-T) x 2.48685 = $82,066.05

Net Present Value = $82,066.05 – $100,000 = ($17,933.95)

F - 91 (6/5/2016)
A - 7/30/2016
R - 10/8/2016
B - 12/10/2016

[Author]

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