[Q1] FAR Study Group 2014 - Page 170

Viewing 15 replies - 2,536 through 2,550 (of 3,728 total)
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    Replies
  • #527985
    Zackrampage
    Member

    Oh ok I got excited for a second I thought I was tsking a brrak from math ugh. Is audit really the only 1 without calculatuons?

    FAR - 62 , End of aug 2015
    BEC - 67, 67
    AUD - TBD
    REG - TBD

    #527952
    Anonymous
    Inactive

    Zack, I heard BEC is typing English not Arabic.

    #527987
    Anonymous
    Inactive

    Zack, I heard BEC is typing English not Arabic.

    #527954
    Anonymous
    Inactive

    @avgcpa–I'm sorry for you loss. Thank you for sharing that information with us. I would have never known they actually had the ability to feel compassion for the test takers. Good luck on your exam!

    @zack–There are ratios as well, but not extensive and they are your typical debt to equity ratio, current ratio, etc. IMO Flashcards and quizzing are going to be your best bet for studying for BEC. I would look through any written communication examples you find just to get a feel for what kind of stuff they are looking for, but I wouldn't practice writing any. As long as you can put together a cohesive paragraph and you've learned the concepts from your studying you shouldn't have any problem with written communication. Learning the terminology, the economic effects, the ratios, and cost accounting calculations are going to take you a long way. There is a crossover from BEC to AUD so I would suggest taking AUD next so you still have some of the concepts down. It's not much, but it's a start.

    #527989
    Anonymous
    Inactive

    @avgcpa–I'm sorry for you loss. Thank you for sharing that information with us. I would have never known they actually had the ability to feel compassion for the test takers. Good luck on your exam!

    @zack–There are ratios as well, but not extensive and they are your typical debt to equity ratio, current ratio, etc. IMO Flashcards and quizzing are going to be your best bet for studying for BEC. I would look through any written communication examples you find just to get a feel for what kind of stuff they are looking for, but I wouldn't practice writing any. As long as you can put together a cohesive paragraph and you've learned the concepts from your studying you shouldn't have any problem with written communication. Learning the terminology, the economic effects, the ratios, and cost accounting calculations are going to take you a long way. There is a crossover from BEC to AUD so I would suggest taking AUD next so you still have some of the concepts down. It's not much, but it's a start.

    #527956
    Zackrampage
    Member

    @cpamommyof3 thank sounds hard but ill do of as much ninja Nd mcqs as I can.

    @amor there were mostly concepts not much math mcqs maybe 7 or 8 per testlet but like I said I knew 1 of the sims so yeah :/

    P.s since no1 talks In bec so guess ill talk here lol

    FAR - 62 , End of aug 2015
    BEC - 67, 67
    AUD - TBD
    REG - TBD

    #527991
    Zackrampage
    Member

    @cpamommyof3 thank sounds hard but ill do of as much ninja Nd mcqs as I can.

    @amor there were mostly concepts not much math mcqs maybe 7 or 8 per testlet but like I said I knew 1 of the sims so yeah :/

    P.s since no1 talks In bec so guess ill talk here lol

    FAR - 62 , End of aug 2015
    BEC - 67, 67
    AUD - TBD
    REG - TBD

    #527958
    NYCaccountant
    Participant

    When I took FAR, pretty much the entire exam was conceptual questions. Very lil math.

    Thanks @Teetee and @CPAMommy for the BEC advice. I started studying for the exam, the initial chapter was really easy.

    FAR - 93
    REG - 87
    BEC - 84!!!!
    AUD - 99!!!!!! CPA exam complete.

    #527993
    NYCaccountant
    Participant

    When I took FAR, pretty much the entire exam was conceptual questions. Very lil math.

    Thanks @Teetee and @CPAMommy for the BEC advice. I started studying for the exam, the initial chapter was really easy.

    FAR - 93
    REG - 87
    BEC - 84!!!!
    AUD - 99!!!!!! CPA exam complete.

    #527960
    Zackrampage
    Member

    Nyc you have a list of far JEs? If I failed which is likely hook me up? Lol

    FAR - 62 , End of aug 2015
    BEC - 67, 67
    AUD - TBD
    REG - TBD

    #527995
    Zackrampage
    Member

    Nyc you have a list of far JEs? If I failed which is likely hook me up? Lol

    FAR - 62 , End of aug 2015
    BEC - 67, 67
    AUD - TBD
    REG - TBD

    #527962

    Ok here is a conceptual question I got right but when I read the answer it was not the same as my reasoning:

    Since the effective rate is higher than the coupon rate, the effective interest will be greater than the cash paid to the bondholders. If the stated rate of interest on a bond is less than the effective rate, the bond will sell at a discount. The interest paid is the coupon rate times the maturity value of the bond. The effective interest is the effective interest rate times the carrying value of the bond.

    I thought the stated rate was the coupon rate so if a bond is issued for more than the stated rate that it is a Premium, not a Discount as the answer says…maybe I am just mixed up…help??

    Florida:
    AUD: 73, 81! Thank you Lord!
    BEC: 73, 77! Thank you Lord! and WTB
    REG: 71, 82! Thank you Lord! and A71
    FAR: 72, 78! Thank you God and my Mommy in Heaven!

    CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

    #527997

    Ok here is a conceptual question I got right but when I read the answer it was not the same as my reasoning:

    Since the effective rate is higher than the coupon rate, the effective interest will be greater than the cash paid to the bondholders. If the stated rate of interest on a bond is less than the effective rate, the bond will sell at a discount. The interest paid is the coupon rate times the maturity value of the bond. The effective interest is the effective interest rate times the carrying value of the bond.

    I thought the stated rate was the coupon rate so if a bond is issued for more than the stated rate that it is a Premium, not a Discount as the answer says…maybe I am just mixed up…help??

    Florida:
    AUD: 73, 81! Thank you Lord!
    BEC: 73, 77! Thank you Lord! and WTB
    REG: 71, 82! Thank you Lord! and A71
    FAR: 72, 78! Thank you God and my Mommy in Heaven!

    CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

    #527964
    NYCaccountant
    Participant

    I did not have a list. I just remembered how to do each of the journal entries. You probably passed though, so don't give up hope. When I took FAR, I thought I failed because the exam was easy and I passed. I even totally screwed up one of the SIMS by over thinking, so there is hope. When do you get your score?

    FAR - 93
    REG - 87
    BEC - 84!!!!
    AUD - 99!!!!!! CPA exam complete.

    #527999
    NYCaccountant
    Participant

    I did not have a list. I just remembered how to do each of the journal entries. You probably passed though, so don't give up hope. When I took FAR, I thought I failed because the exam was easy and I passed. I even totally screwed up one of the SIMS by over thinking, so there is hope. When do you get your score?

    FAR - 93
    REG - 87
    BEC - 84!!!!
    AUD - 99!!!!!! CPA exam complete.

Viewing 15 replies - 2,536 through 2,550 (of 3,728 total)
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