[mdrosenfeld]

ugh…i just got through the supplemental questions on FAR 8 and man are they tough. I understand a lot of them were from the SIMs but I didn’t get a chance to look at those yet. Do people normally struggle with this section of FAR 8? I thought I knew governmental pretty well, I was getting in the 70s and 80%s on the earlier homework but these questions have gotten me a bit discouraged.

thanks for any replies!

[Anonymous]

same thing here, but don't worry, I think Becker (assuming you are using Becker??) is harder than the CPA exam. 70-80% is good enough, i suggest you move on and only go back to F8 if you have extra time to review. good luck!! 🙂

[Anonymous]

i just finished the first lecture on F8. guess it gets more difficult now on. i feel so unprepared for this test and just little more than a week to go. it is going to be BRUTAL.

[mdrosenfeld]

I feel like the material in FAR 8 doesn't get much worse, really. But these questions from the SIMS are awful, I gotta sit down for a few hours and bang these out, but I wonder if its even worth it, they seem so far out of left field.

[Joe36y]

I would try to learn chapters 8 and 9 very well considering they are around 20% of your exam! I feel like if i didn't know governmental and not-for-profit I would have failed.

But my take aways from chapters 8 and 9

Make sure you know governmental and your fiduciary funds down pact ! Also journal entries just in case of a Sim.

Have a good understanding of the government wide funds and if you have time look into the consolidations.

Know the difference between the three funds Unrestricted, Temp, Permanent for Not-for-Profits and how to report them

BEC: 82
FAR: 79
AUD: 85
REG: July 10th

[Anonymous]

I just had a NFP/Gov. class in my final semester of my B.S. in May so take what I say with a grain of salt…

But I found the supplemental of F8 to be some what difficult, I did all of them except the last 10?-12?. The ones that are extremely hard and play out like a simulation, I would skip those. Do not skip the other 60-70 or however many they are. They are very similar to the ones in the regular hw. Even just get them wrong to learn what the right answer is and memorize that fact nugget.

Good luck, I am taking far oct. 14, not FAR away 😉

[kaaCPA]

i skipped the F8 supp questions and was going to do them along with my final review, hope that is not a huge deal. there are like 120 supp questions. its the most ive ever seen for supp questions in becker.

AUD | 85
REG | 77
FAR | 76
BEC | 83
========
ETH | 93
State Board Application pending!

[unDeR]

My two cents:

Ignore ALL Becker supplemental questions and SIMS for F8 and F9. Focus exclusively on ALL the PassMaster MC and SIMS for F1 – F7.

Texas-licensed CPA

[Author]

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