Question about Grading of FAR Simulations

  • Creator
    Topic
  • #186947
    Anonymous
    Inactive

    Hi everyone!

    I recently took my first exam (FAR) on Friday. I have a question about the simulations. When it gave space for like 7 journal entries and only needed 3 for example, I would put down the 3 entries and then on the 4th line I would put “No Entry Required.” I don’t know why I did this but it made sense to me at the time that no more entries were needed. What I’m worried about is that the computer grading it is gonna see that I put “No Entry Required” and not grade the other entries that I put down that may or may not have been correct. Does anybody know how this works and whether I was supposed to just leave it blank? I tried calling the AICPA but they were not the least bit helpful.

    It’s scary to think that I can possibly receive no credit for something like that. I actually found the SIMS to be somewhat doable, but found the multiple choice to be insanely hard on the craziest little facts. So, I need every point possible on the SIM’s to have a chance of passing!

Viewing 15 replies - 1 through 15 (of 17 total)
  • Author
    Replies
  • #580972
    Dan T
    Participant

    Hmm I didn't even think about that, I reserved the “No entry required” for questions that had no entries at all. But I don't see why it would count against you if you got the other lines correct. On the flip side I wonder if not putting that would negatively affect my score

    AUD - 75 ☺
    FAR - 65, 71, 70, 77 ☺
    BEC - 80 ☺
    REG - 73, 66, 79 ☺ 2/28/15

    Done!

    #580973
    Anonymous
    Inactive

    I put no entry required to end my journal entries just like you…dammit, I didn't even consider this to be a potential problem. now I am freaking out. I did good on the sims but that could be the end…

    hopefully it isn't. that's such a trivial thing. there must be controls in place to prevent something like that from screwing you, right?

    #580974
    Kimboroni
    Member

    I did it that way and passed. No worries!

    AUD 84 (1/9/14-Wiley books/TB + free materials)
    FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
    REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
    BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

    Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

    #580975
    Anonymous
    Inactive

    I just did the AICPA sample test journel entry sim

    their official answer does not have the “no entry required” account at the end of the journal entry, just blank lines

    View post on imgur.com

    I'm sure it's no big deal, that should be the equivalent of putting nothing there..

    #580976
    Anonymous
    Inactive

    Hopefully it is no big deal! Although, I wouldn't be surprised either way if I have to retake this exam again. I got brutally destroyed by the multiple choice, even the first testlet was like reading a foreign language sometimes!

    #580977
    samdiegoCPA
    Member

    If I remember right, I don't fill out the spaces that I didn't use, however in Ninja SIMS, it says it's required. Maybe it will state it somewhere in the instructions on the actual exam. I know I put 0's in the numbered fields, but don't think I did for the actual JE fields.

    AUD: 84
    REG: 84
    BEC: 79
    FAR: 83

    #580978
    thechapman
    Member

    I took the exam this past Wednesday, and if I remember correctly you just used the no entry required if there was no entry necessary at all. If you needed less than the lines they gave you, you just used what you needed and left the others alone.

    Passed - 2014

    #580979
    Anonymous
    Inactive

    Do you think that I would get penalized for the way I did it though?

    #580980
    Kimboroni
    Member

    You get points for correct answers, and they do not deduct points for things that are incorrect.

    AUD 84 (1/9/14-Wiley books/TB + free materials)
    FAR 83 (5/21/14-the above + NINJA 10 Pt Combo Lite)
    REG 84 (7/9/14-Wiley books/TB + NINJA Audio/FC/Notes)
    BEC 76 (10/5/14-Wiley books/TB + NINJA Audio/FC)

    Disclaimer: My ninja avatar is not meant to imply that I have any affiliation with this site other than being a forum member. That's a pic of a T-shirt that my daughter gave me for my birthday. 🙂

    #580981
    Anonymous
    Inactive

    Yep, I know I just hope the computer doesn't think I meant no entry is required and disregards the other part of my answer. But if you did what I did and passed, that makes me feel a lot better!

    #580982
    Anonymous
    Inactive

    @CPAhopeful17 – The computer knows the right answer 99.99999% of the time. No worries there. It is what it is and you can't change it now. Try not to stress over this. There are plenty of other things that you could be stressing over. 🙂

    #580983

    I did the same thing when I took FAR except I realized while I was taking the test that “no j/e required” is only reserved for when there should be no j/e at all. Spent 5 mins trying to delete my entry for “no j/e required” and could not figure out how.

    Regardless I'm almost positive it did not affect my score bc I performed pretty poorly overall on the SIMS and still got the pass.

    A - 89 10/23/2014
    R - 90 2/27/2014
    F - 75 5/25/2014
    B - 83 8/28/2014

    #580984
    Anonymous
    Inactive

    I just took the exam today…And I'm freaking out on SIM JE format now! I know the question might state rules specifically, but I was running out of the time this morning and didn't read every instruction carefully. So, if I made a journal entry, and I had debit and credit number, do I have to enter zero next to each debit and credit number?

    For example,

    Cash 100 0

    A/R 0 100

    I didn't put zero next to actual number, but I remember one simulation question on Becker final review does require enter number in every cell to get full credit.

    #580985
    Dan T
    Participant

    Alright you guys keep on bringing up things that are freaking me out, I didn't consider putting 0's in for blanks either. I don't recall what the directions stated exactly..I thought it said for lines that don't require an entry leave blank, I'm assuming a blank is the same a 0?

    AUD - 75 ☺
    FAR - 65, 71, 70, 77 ☺
    BEC - 80 ☺
    REG - 73, 66, 79 ☺ 2/28/15

    Done!

    #580986
    Anonymous
    Inactive

    I have a SIM grading question on auto-populating. Ok, so if you receieve an “Income Statement” SIM, and mis-calculate expenses. Is every single auto-populate space essentially wrong if the SIM auto populates, say Net Income, and other items?

    Or do SIMS on the exam do not populate some numbers like they do in Becker?

    This thread is freaking everyone out…including myself! lol

Viewing 15 replies - 1 through 15 (of 17 total)
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