[scubacamper]

I’m in the midst of studying for my 3rd attempt at FAR and can’t remember seeing any Dollar Value LIFO questions on the exam both times I took it.

Which got me thinking: Have any of you seen a dollar value LIFO question on the FAR exam?

B TBD
A TBD
R 57
F 62, 70, 65

[Tscape16]

In my most general way, I will say that if the review programs have you learning it, you're going to need to know it. It's not horribly difficult. Just because you didn't see it rounds 1 and 2 doesn't mean you won't see it round 3. 🙂

FAR - 90 ✔
BEC - 86 ✔
REG - 82 ✔
AUD - 92 ✔
ETHICS - Passed

*Licensed CPA

[taxman89]

pretty sure saying whether you have or have not seen a specific topic is divulging information from the test and should be avoided with a ten foot poll.

i havnt taken FAR so i have no clue but i think tscape's answer is a good one

Aud-75 3x I knew i never liked you
Bec-77 1x being in the bubble is stressful
Reg-82 4x its not me its you...and no we cant be friends
Far-78 1x easiest section

[Lidis]

DVL its can comes up on MCQ or a SIM. Do not skipped it

[Zuly]

I got a question on it on my second re-take…thank goodness I studied that part the second time because I didn't really understand it the first time around. It was simple enough question so it wasn't anything too complicated.

FAR - (11/01/14) 71 (02/07/15) 79
AUD - (04/30/15) 86
BEC - (07/21/15) 73 (10/01/15) 75
REG - (11/30/15) 55 (05/19/16) 74

[tcheney3]

I had one MCQ on it, not positive I got it right, but you might want to review it.

BEC - 82
REG - 86
FAR - 85
AUD - 84 and I'm out!!!!!
Ethics - 95
In Skynet's Honor:
Act I: Shutdown Skynet and prevent Judgment Day.
Act II: Add a comma and three letters to my title.
Act III: Time Travel and marry a young Denise Richards (and prevent subsequent plastic surgery),return to present.
Act IV: Serve as Successor to Elon Musk as CEO of Tesla.
Act V: Ensure Judgment Day has been stopped. Utopia achieved.

[Anonymous]

You can take a risk-based approach and weigh the time it would take you to learn it versus the risk that it will show up on your exam. If you think it will take you too long to learn versus focusing on more important topics like government, then your time might be better spent on other areas. That said, its not super hard. On a risk-based approach, I committed to getting comfortable with DVL but I did not even bother with DVLR or the more in depth DVL topics.

[ocarina]

It would be a great MCQ question. It's not that much information to study, and why not?

FAR - 78
AUD - 82
REG - 79
BEC - 78

Study Materials: Becker Self Study, NINJA Notes, NINJA MCQ for review
Started March 2015 and finished December 2015 all on first attempt. Licensed CPA Jan 2016.

IT Auditor/CyberSec Consultant in Public Accounting
Future goals: Learn IT Network infrastructure, obtain CISA & CISSP

[Mashukzzz]

here is an awesome video that only lasts 10 minutes and it completely demystified the DV Lifo for me:

https://www.youtube.com/watch?v=jwJgo1fdfyY

REG - 91 on 01/21/15
FAR - 87 on 05/30/15
BEC - 88 on 01/04/16
AUD - 96 on 10/16/15

DONE

[Anonymous]

It's a very easy concept, why not just understand it?

Watch the video that @Mashukzzz gave you.

[Author]

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