[Q3] FAR Study Group 2014 - Page 178

Viewing 15 replies - 2,656 through 2,670 (of 2,797 total)
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  • #600176
    King91
    Member

    The percentage increase was just included in all that wording for the problem, it's near the end of the whole question and says how the CFO believes the percentage should be increase by two for each category. And as far as the -17,000, it was including both of the adjustments as over 90 days. I had only put the 5000 there, but I think the date is based on the invoice date. So that would make both adjustments over 90 days.

    #600177
    Anonymous
    Inactive

    Ah gotcha, thanks I must have missed the two point increase part.

    I really like the Ninja simulations, what do you think?

    #600178
    Anonymous
    Inactive

    Does cash dividends increase or decrease cash in the indirect method?

    #600179
    Anonymous
    Inactive

    Also, on these journal entry simulations, if you credit something, you actually have to put a 0 for the debit section? Are sims actually graded like this? Maybe why I continue to fail LOL. Also, I credited cash correctly for 30,000, but it was marked wrong since I credited gain on disposal below it even though it was 85,000. Um, I'm REALLY hoping this isn't how it is graded on the actual exams.

    #600180
    Anonymous
    Inactive

    Also, on these journal entry simulations, if you credit something, you actually have to put a 0 for the debit section? Are sims actually graded like this? Maybe why I continue to fail LOL. Also, I credited cash correctly for 30,000, but it was marked wrong since I credited gain on disposal below it even though it was 85,000. Um, I'm REALLY hoping this isn't how it is graded on the actual exams.

    #600181
    sstephenson
    Member

    So, I noticed that the Ninja CPA Sims didn't give me credit for cells where I didn't put a (0) if it should have been blank? Does it do this on the actual exam, too? Might explain why I struggled so much to pass AUDIT! Lol.

    REG - 75
    BEC - 76
    AUD - 76
    FAR - 84, DONE 11/9/14!

    #600182
    sstephenson
    Member

    CPAHOPEFUL11, I didn't refresh and see your question until I posted mine, looks like we have the same question! @Jeff??

    REG - 75
    BEC - 76
    AUD - 76
    FAR - 84, DONE 11/9/14!

    #600183
    Anonymous
    Inactive

    LOL, but seriously I hope that is not how it works. If it is, that is straight bogus and I have been missing some serious points on every simulation I have done on a test.

    #600184
    sstephenson
    Member

    No kidding! I thought it was pure evil when I got a 74 back as my score. EVIL.

    REG - 75
    BEC - 76
    AUD - 76
    FAR - 84, DONE 11/9/14!

    #600185
    Anonymous
    Inactive

    I will e-mail Jeff tomorrow and ask him how this works.

    #600186
    Anonymous
    Inactive

    So Sstephenson, what did you do differently on your 4th attempt compared to the other three attempts?

    #600187
    pia ach
    Member

    looking at my WTB i have finished almost 95% of the questions and i average 92% ..i think i just ended up clicking on the best choice i “felt” was right, and then while doing the second time memorized it …3 more days to go, and since i did not remember anything i ended up re reading the book instead of doing mcqs this week…i feel the worst prepared going into this exam..

    Finally done!!! Experience-pending. Ethics- Pending.
    Reg 78 / 73/82.
    Aud 74/89.
    BEC 72 /78.
    FAR 74/ 73/ 82.

    #600188
    sstephenson
    Member

    CPAHOPEFUL11, for Auditing, it was all memorization and the luck of what I would get in Simulations. Just do MCQ until you can't even do one more, then at that point, you need to do more, haha. For me, I can over analyze and that was my problem with Auditing. Just memorize!!

    REG - 75
    BEC - 76
    AUD - 76
    FAR - 84, DONE 11/9/14!

    #600189
    Anonymous
    Inactive

    I do plenty of MC but that doesn't work for the simulations.

    #600190
    sstephenson
    Member

    Simulations are such a wild card. It's rather annoying. 🙁

    REG - 75
    BEC - 76
    AUD - 76
    FAR - 84, DONE 11/9/14!

Viewing 15 replies - 2,656 through 2,670 (of 2,797 total)
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