[Anonymous]

This had been bugging me all weekend…I took a Wiley practice exam and one of the simulations had me complete an Excel-type spreadsheet with formulas to re-calculate depreciation. The instructions stated that depreciation was straight line based on a percentage and that a half-year of depreciation should be calculated for any asset retirements or purchases. So for example, I typed in this formula to calculate depreciation on a purchased asset…

(B5*C5)/2 where B5 = book value and C5 = provided % rate

After checking my answers, Wiley marked each of my formulas wrong saying that the correct formula should be…

0.50*B5*C5

Obviously both formulas arrive at the same amount, but Wiley marked my answers wrong!! Is this something I need to worry about on the actual exam? Or is it just a Wiley glitch? Anyone have any thoughts?

[rknight21]

this was one of the sim's i went over today and had a similiar question as to why i got typing c15+c16+c17 wrong as oppose to sum(c15:c7)…. my exam is tomorrow and all i am hoping to god nothing like this is on it

[kb24]

I noticed the same thing on both some of the AUD and FAR sims in Wiley. I took both exams last month, and it wasn't an issue on either.

FAR 4/1/11 - 89
AUD 4/15/11 - 85
REG 4/29/11 - 80
BEC 5/13/11 - 85

[Author]

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