Home » Topics » FAR CPA Exam » FAR CPA Review » [Q2] FAR Study Group 2014 » Page 432
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
There you go anna…Gracias
BEC Passed FAR Passed AUD Passed REG Passed
willpassby2014, that's a lot of words!
willpassby2014, thanks, none of the becker questions had this requirement. Not even the final exam.
FAR-84 AUD- REG- BEC-
Assuming constant inventory quantities, which of the following inventory-costing methods will produce a lower inventory turnover ratio in an inflationary economy?
A. Weighted average.
B. Moving average.
C. LIFO (last-in, first-out).
D. FIFO (first-in, first-out).
REG -63│ 84!! BEC- 59│70│ 71 │78! AUD- 75! FAR- 87!
Mass-CPA
FIFO?
never heard of moving average (or totally forgot)
its FIFO
AUD: DONE FAR: DONE BEC: DONE REG: DONE
IM GOING TO BE A CPA!!!!!
Moving average is the cost flow method for a perpetual inventory system. The cost is recalculated everytime goods are purchased.
Weighted average is for a periodic system.
CPA Exam - Finally DONE (November 2014) BEC (08/10/13) 80 AUD (08/24/13) 65 (11/13/13) 85 FAR (04/12/14) 81 REG (07/19/14) 69 (11/29/14) 87!!
fifo is correct
Which of the following transactions qualifies as a discontinued operation?
A. Disposal of part of a line of business.
B. Changes related to technological improvements.
C. Planned and approved sale of a segment.
D. Phasing out of a production line.
Oh i see thanks Mamabear!
C. Planned and approved sale of a segment? I recall from aud class
Anna when are u giving your exams…..Mine on friday
willpassby2014, in august, actually 🙂
Good luck with your exam!
C is correct