Rounding Differences in FAR Sims

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  • #194887
    pfitz092
    Participant

    I saw a couple related posts on here but there did not appear to be a consensus.

    I just did a long lease problem in Becker sims and got marked off on several answers for being $1 off (clearly due to rounding).

    Is this something the examiners take into account on the real test (i.e., will a human grader review my answers and clearly see that I knew what I was doing?) or are the sims graded precisely by a computer?

    Does anyone have any information on this? I would hate to lose points on something like this. If there is no definitive answer, I welcome any advice on the best way to round while proceeding through simulations on the real exam. I usually go with 4 decimal places on all intermediate calculations and then round the final answer to whatever the question requests.

    Thanks

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  • #674247
    musicamor
    Member

    All SIMS are seen by a human based on the notion of “partial” credit, even in computation-heavy SIMS. Rounding differences are taken into account when dealing here.

    Texas CPA - licensed in 2012!!!

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