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Hello all,
I am less than a week out, I test on BEC on Monday.
I’ve been through the notes thus far on BEC twice and I have a firm grasp on the concepts and the non-computational MCQ’s. I’ve been through the MCQ’s once as I walked through the Wiley book. I hand wrote some 156 pages of notes and then condensed them down to about 90-100 pages of typed notes over the weekend. I’m going through the MCQ’s as many times as I can get through them and the CPAExcel questions between today and Saturday night (Sunday will be light review)
The part that worries me is the computational questions on BEC. While going through the Wiley chapters, I understood the examples, no problem. But when it comes to applying the learning to the questions, it seems like the Wiley questions are 10x harder than the examples. It seems like Wiley also changed the computation form around due to missing or extra information, took shortcuts that weren’t explained in the book, etc. Also, how in the world can a person possible remember all those formulas and ratios where something as simple as forgetting to average receivables instead of using year-end can kill?
So here are my questions:
1) On the exam are the computations sprinkled through the entire set of questions or confined to the third MCQ testlet?
2) Are the Wiley questions harder and more confusing than on the actual exam? [Please say yes] 😀
Thanks,
CPAPending
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