[Q2] FAR Study Group 2014 - Page 362

  • 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 - 5,416 through 5,430 (of 6,668 total)
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    Replies
  • #565982
    Anonymous
    Inactive

    I answered 121 too

    #565983
    Anonymous
    Inactive

    But they recognized the expense of 121 and made no contribution yet…???

    #565984
    Anonymous
    Inactive

    Right, the ending PBO matters, not the stupid expense I spent 10 hours calculating

    #565985
    NJPRU
    Member

    410 FV assets – 400 PBO is simply your assets when assets exceed your PBO.. which means that the 41k is already included in the assets and the service cost and interest is already in the PBO. haha uye. i knew better and im not RTMFQ! shame on me on that one.

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

    IM GOING TO BE A CPA!!!!!

    #565986
    Anonymous
    Inactive

    So what words in the question should trigger you to know that SC interest etc are already part of the PBO ?

    #565987
    Anonymous
    Inactive

    for the year ended December 31, year 5

    Projected benefit obligation $400,000

    it should imply that Y5 cost is included

    #565988
    Anonymous
    Inactive

    Oh my God DUH— Shemurr face!!!

    #565989
    Anonymous
    Inactive

    I know! I wish there were just SPIDER questions, add this, subtract that

    #565990
    stoleway
    Participant

    Valuation techniques for fair value measurement (FVM) must use

    A. The market approach or income approach but not the cost approach.

    B. Current replacement cost to approximate fair value.

    C. The pricing assumptions of market participants.

    D. Only observable inputs.

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

    Mass-CPA

    #565991
    Anonymous
    Inactive

    Just did a becker practice test…here are my result

    Testlet 1- 83%

    Testlet 2- 73%

    Testlet 3- 83%

    Oddly, there were 8 sims and I think there are only 7 in the real test but my overall score for sims was 90%

    Praying that this is a good sign for tomorrow

    #565992
    stoleway
    Participant

    @Amanda

    That's incredible, you will do well:)

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

    Mass-CPA

    #565993
    NJPRU
    Member

    Amanda – that is amazing! Have you seen the Becker vs. Real score thread??? :-O

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

    IM GOING TO BE A CPA!!!!!

    #565994
    Anonymous
    Inactive

    I was just looking at it! The test seemed kind of easy though..I mean, there were some really hard questions but overall it seemed a little easier than I would expect for how poorly people do on the practice tests. It makes me nervous that I'm in for a surprise tomorrow. One can never feel adequately prepared for FAR 🙂

    #565995
    lauren725
    Member

    good luck Amanda! It sounds like you are ready. Anxious to hear about how it goes 🙂

    AUD - 73,91
    FAR - 79 - Thank you God!
    BEC - 73,79!!!!
    REG - 92 whatttt??!

    I used Becker review + flashcards, Ninja Audio, Ninja MCQ supplement on BEC and REG.

    Done! Praise God!

    #565996
    NJPRU
    Member

    stoleway – assumptions of market participants

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

    IM GOING TO BE A CPA!!!!!

Viewing 15 replies - 5,416 through 5,430 (of 6,668 total)
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