[Q2] FAR Study Group 2014 - Page 187

  • Creator
    Topic
  • #183478
    jeff
    Keymaster

    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

Viewing 15 replies - 2,791 through 2,805 (of 6,668 total)
  • Author
    Replies
  • #563308
    stoleway
    Participant

    $15000…..hope im not late…lol

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #563309
    Anonymous
    Inactive

    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.

    #563310
    Anonymous
    Inactive

    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.

    #563311
    stoleway
    Participant

    @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.

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #563312
    Anonymous
    Inactive

    Seriously Spartan?! What's the answer? 🙂 I really want to know.

    #563313
    Anonymous
    Inactive

    @Stoleway, LOL.

    Well, I read it somewhere.

    Discount/Premium Amortization:

    US GAAP ……. Contractual Life of the Bond

    IFRS ………….. Expected Life of the Bond

    #563314
    NJPRU
    Member

    yes, I'm fine – lol. thanks stoleway.

    AUD: DONE
    FAR: DONE
    BEC: DONE
    REG: DONE

    IM GOING TO BE A CPA!!!!!

    #563315
    Anonymous
    Inactive

    So it was Spartan. I thought it was Stoleway who posted the lawsuit/damages problem:)

    #563316
    stoleway
    Participant

    @CPAMommyof3

    Answer is $15k, don't stress about it..lol.

    The other amounts are currently being appealed, so no need to report them

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #563317
    stoleway
    Participant

    Assuming constant inventory quantities, which inventory costing method will produce a lower inventory turnover in an inflationary economy?

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #563318
    Anonymous
    Inactive

    FIFO

    #563319
    NJPRU
    Member

    @stoleway – where is that 15k problem covered in Gleim? Am I missing something? I have never seen that question.

    AUD: DONE
    FAR: DONE
    BEC: DONE
    REG: DONE

    IM GOING TO BE A CPA!!!!!

    #563320
    stoleway
    Participant

    @NJPRU

    Its under leases and contingencies

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #563321
    stoleway
    Participant

    @Amor D

    you're correct

    REG -63│ 84!!
    BEC- 59│70│ 71 │78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    #563322
    NJPRU
    Member

    @stole – oh good. going through that chapter now, currently on 13.4. thanks for letting me know – i appreciate it 🙂

    AUD: DONE
    FAR: DONE
    BEC: DONE
    REG: DONE

    IM GOING TO BE A CPA!!!!!

Viewing 15 replies - 2,791 through 2,805 (of 6,668 total)
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