[Q1] FAR Study Group 2014 - Page 197

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  • February 23, 2014 at 1:26 am #528355
    teeteenounouche
    Member

    Cesar, found this on wiki…makes sense after you read it, very interesting

    Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to reduce risk associated with adverse or unexpected weather conditions. The difference from other derivatives is that the underlying asset (rain/temperature/snow) has no direct value to price the weather derivative.

    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

    February 23, 2014 at 1:26 am #528391
    teeteenounouche
    Member

    Cesar, found this on wiki…makes sense after you read it, very interesting

    Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to reduce risk associated with adverse or unexpected weather conditions. The difference from other derivatives is that the underlying asset (rain/temperature/snow) has no direct value to price the weather derivative.

    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

    February 23, 2014 at 1:28 am #528357
    teeteenounouche
    Member

    Round 2 is on…reading notes, then some more MCQs…

    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

    February 23, 2014 at 1:28 am #528393
    teeteenounouche
    Member

    Round 2 is on…reading notes, then some more MCQs…

    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

    February 23, 2014 at 1:46 am #528359
    Amay
    Member

    @teetee what is your round 2? Are you following the NINJA method? Does this mean you are done doing all of your MCQs once and rewritten your notes?

    BEC: 73, 81
    AUD: 85
    FAR: 71, 77
    REG: 74, 75...finally DONE! 😀

    *This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

    February 23, 2014 at 1:46 am #528395
    Amay
    Member

    @teetee what is your round 2? Are you following the NINJA method? Does this mean you are done doing all of your MCQs once and rewritten your notes?

    BEC: 73, 81
    AUD: 85
    FAR: 71, 77
    REG: 74, 75...finally DONE! 😀

    *This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

    February 23, 2014 at 2:09 am #528361
    teeteenounouche
    Member

    hahaha Amay, round 2 means that I woke up from my nap and am starting up again lmao…I have been doing MCQs but I need to review the notes that I have made and material again so that it really sinks in. I will restart MCQs after this.

    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

    February 23, 2014 at 2:09 am #528397
    teeteenounouche
    Member

    hahaha Amay, round 2 means that I woke up from my nap and am starting up again lmao…I have been doing MCQs but I need to review the notes that I have made and material again so that it really sinks in. I will restart MCQs after this.

    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

    February 23, 2014 at 2:20 am #528363
    Anonymous
    Inactive

    @Tee, hahaha, round 2 nap.

    I have about round 4 already:)

    February 23, 2014 at 2:20 am #528398
    Anonymous
    Inactive

    @Tee, hahaha, round 2 nap.

    I have about round 4 already:)

    February 23, 2014 at 2:37 am #528365
    teeteenounouche
    Member

    I don't know what it is about reading but I get physically annoyed and can't concentrate when reading notes but if I am writing the notes, I am ok…very strange

    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

    February 23, 2014 at 2:37 am #528400
    teeteenounouche
    Member

    I don't know what it is about reading but I get physically annoyed and can't concentrate when reading notes but if I am writing the notes, I am ok…very strange

    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

    February 23, 2014 at 2:56 am #528367
    Amay
    Member

    Hahaha got it! I have been studying for 8 hours now (with short breaks in between) and my eyes are starting to feel heavy. A napping round sounds really tempting right about now!!

    BEC: 73, 81
    AUD: 85
    FAR: 71, 77
    REG: 74, 75...finally DONE! 😀

    *This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

    February 23, 2014 at 2:56 am #528402
    Amay
    Member

    Hahaha got it! I have been studying for 8 hours now (with short breaks in between) and my eyes are starting to feel heavy. A napping round sounds really tempting right about now!!

    BEC: 73, 81
    AUD: 85
    FAR: 71, 77
    REG: 74, 75...finally DONE! 😀

    *This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

    February 23, 2014 at 2:59 am #528369
    Amay
    Member

    Same thing happens to me by the way…that is why when I am reading/reviewing something, I try to write anything, even if it's just a couple of bullet points so that I don't drift into space…or facebook :/

    BEC: 73, 81
    AUD: 85
    FAR: 71, 77
    REG: 74, 75...finally DONE! 😀

    *This is my 2nd attempt at the CPA exam. For all of you who have failed this exam many times, given up on it, or taken a break like me, remember that it is still possible to finish what you started...failure is the opportunity to begin again more intelligently 🙂

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