Home » Topics » FAR CPA Exam » FAR CPA Review » [Q2] FAR Study Group 2014 » Page 187
I’ve had a few requests for April/May Study Groups…March will be here before you know it.
In order to take an early April exam, you should begin studying…now. 🙂
Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE
$15000…..hope im not late…lol
REG -63│ 84!! BEC- 59│70│ 71 │78! AUD- 75! FAR- 87!
Mass-CPA
Agreed. I read questions like that and I think please let that be a question that they've thrown out because the wording is awful. Ugggg. I guess it really depends on whether they define “outcome” as being awarded or not. Boooo tricky questions.
Yes, you're late! LOL
@Stoleway, thank you for helping with my bond problems.
I am still not sure of the difference between the contractual life and expected life of the bond.
@Amor D
Contractual and expected life ? I have never come across those ones in my review. I don't know what it is..haha
@NJPRU
Are you ok with the lease question you posted ? I was trying to help but I guess you deleted it.
Seriously Spartan?! What's the answer? 🙂 I really want to know.
@Stoleway, LOL.
Well, I read it somewhere.
Discount/Premium Amortization:
US GAAP ……. Contractual Life of the Bond
IFRS ………….. Expected Life of the Bond
yes, I'm fine – lol. thanks stoleway.
AUD: DONE FAR: DONE BEC: DONE REG: DONE
IM GOING TO BE A CPA!!!!!
So it was Spartan. I thought it was Stoleway who posted the lawsuit/damages problem:)
@CPAMommyof3
Answer is $15k, don't stress about it..lol.
The other amounts are currently being appealed, so no need to report them
Assuming constant inventory quantities, which inventory costing method will produce a lower inventory turnover in an inflationary economy?
FIFO
@stoleway – where is that 15k problem covered in Gleim? Am I missing something? I have never seen that question.
Its under leases and contingencies
you're correct
@stole – oh good. going through that chapter now, currently on 13.4. thanks for letting me know – i appreciate it 🙂