[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

[Anonymous]

@mckan514w. Here are the differences between a monopoly and monopolistic competition.

Monopoly
-One seller (controls market)
-Not incentive to innovate products/services
-can control price

Monopolistic competition
-Large number of companies/firms in market
-They produce differentiated products (so there is a need to be innovative)
-Easy entry/exit into market
-If products are differentiated enough to consumer (perceived added value that the consumer is willing and able to buy), they can charge a higher price than competitors for the “same” product

Hope this helps.

[mckan514w]

Awesome @e_griffin87 thanks so much! I don't know why that confuses me so much!

Agree with @re2pect the videos are great at clearing up concepts

and they ask me why I drink...

FAR- 61-next time I'll ask for lube instead of a calculator
REG-75- Never been so happy to see such a low grade
BEC- 8/11
AUD- 9/2

[Teal]

@RE2PECT can you send me the links to the videos? I can only see the microecon ones?

FAR (66,68) Aug 26
REG (66) July 25
AUD (66) December 1st
BEC - October 3rd

[Teal]

oh wait…it says you posted at 5:12 p.m. but I think that is like 8 hours before my time zone because it says I posted at 12:27 p.m. and it was like 8p.m. when I posted that haha

FAR (66,68) Aug 26
REG (66) July 25
AUD (66) December 1st
BEC - October 3rd

[mtaylo24]

Didn't realize that the videos were free today (noice!), but gawwd dang these videos are long AF! If I could only pick one topic, I guess it would be Cost Accounting.

AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
REG - 55 (2/16) 69 (5/16) Retake(8/16)
BEC - 71(5/16) Retake (9/16)
FAR - (8/16)

[Teal]

what really? I only see the 3 demo videos!

FAR (66,68) Aug 26
REG (66) July 25
AUD (66) December 1st
BEC - October 3rd

[RE2PECT]

@Teal Geiger You have to already own the Ninja MCQ's to have access. If you click on Ninja Plus on the Ninja MCQ page it should show all of them.

I didn't find the financial management videos very helpful. If anything they just confused me even more with these random formulas they were using.

The guy on the cost accounting videos does a good job. You can speed them up to go a little faster. I was watching them at 1.5 speed.

FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
AUD: 73, 81
BEC: 71, retake 8/29
REG:

[Anonymous]

Do the Ninja plus vids do a great job at covering COSO and IT?

[Teal]

@RE2PECT oh okay I finally found them. I watched one of the NPV formulas and it really was confusing. Hmm, maybe I'll check a few of them out.

FAR (66,68) Aug 26
REG (66) July 25
AUD (66) December 1st
BEC - October 3rd

[RE2PECT]

@e_griffin87 I haven't had a chance to look at them. I feel like if it's a conceptual topic the videos aren't as useful since they're basically reading the book back to you

@Teal- The NPV formula was crazy! Lol. The cost accounting videos are much better and easier to follow.

FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
AUD: 73, 81
BEC: 71, retake 8/29
REG:

[Teal]

The variance videos were super helpful for all those asking about variances the other day.

FAR (66,68) Aug 26
REG (66) July 25
AUD (66) December 1st
BEC - October 3rd

[mckan514w]

I liked the IT ones… I was able to make better notes from them than with my other material- and also liked the ones on econ….

and they ask me why I drink...

FAR- 61-next time I'll ask for lube instead of a calculator
REG-75- Never been so happy to see such a low grade
BEC- 8/11
AUD- 9/2

[qfolmar]

@Re2pect, when is your retake for BEC?

FAR-79
REG-82
AUD-83
BEC- August 31st

[RE2PECT]

Monday :(. I don't feel like I've been studying for it as efficiently as the last two attempts. Maybe it's because I think I already have a good understanding of most topics, but I've been all over the place as far as what review materials I'm using. Some days I'll read through the Becker book and others I'll read through parts of Wiley. Some days I'll do Ninja mcq's and others I'll do some from the Wiley book or ones that I bookmarked on Roger. I plan on doing as many mcq's as possible the next couple days and mostly reading and going through notes over the weekend. Don't want to feel burnt out going into the exam.

I just want to get it over with and move on to REG. I'm sick of studying for this exam and need a break from it! lol.

When is your retake qfolmar?

FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
AUD: 73, 81
BEC: 71, retake 8/29
REG:

[qfolmar]

You've got it @ Re2pect!!! I will be waiting on your good news at the next score release!

I'm not retaking mine until November 14th.

FAR-79
REG-82
AUD-83
BEC- August 31st

[Author]

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