How important is contracts & UCC for the REG exam? - Page 2

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  • #189749
    krokofilen
    Member

    If you would put a “weight factor” on the relative importance of contracts and UCC to the REG exam as a whole, what would that be?

    Big 4 Audit Manager from Europe here to pass the CPA in the U.S. of A in 2014! Niiice!

    AUD - 95 / Jul 15 / 130h over 4 weeks
    FAR - 86 / Aug 14 / 240h over 4 weeks
    (11 week break)

    REG - 81 / Nov 14 / 200h over 4 weeks
    BEC - 87 / Nov 17 / 30 h over 2.5 days

Viewing 5 replies - 16 through 20 (of 20 total)
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  • #616523
    Anonymous
    Inactive

    In terms of numbers, business law represents about 20% of the score, which could come from MCQ or Simulations. I don't think she's really divulging anything, since Becker offers B-Law simulations, which means they know it can pop up.

    But the OP has 9 days left, and basically feels clueless about US tax. I say he should focus on tax if that's the case, doing progress tests to keep the B-Law stuff fresh and to learn from incorrect answers.

    Again, I say master R3 and R4 first since they're more valuable point wise and probably will be easier for the OP and give him confidence.

    Then spend the remaining time on R1 and R2. I say it's very valuable to both make an outline of the Becker chapters and to follow along with 1040 and Schedule A.

    #616524

    @krokofilen

    It would be okay to say that any material in your REG studies has a potential to be in the sims.

    A 88, B 76, F 84, R 76 Passed 2014

    Licensed in OK

    #616525
    Mary 2496
    Member

    Yep!! That's for sure! Learned that firsthand in both BEC and REG!!

    #616526
    krokofilen
    Member

    Akvod:

    Well I am sort of following that approach. I read all Becker chapters & took notes, then did 1/3 of all NINJA MCQs. I then started reviewing my notes, starting with b-law and slowly moving into tax, along with doing another 1/3 of the NINJA MCQs (or the remaining 2/3 if time allowed, depending on how time consuming the review of notes turned out to be… I set up a schedule for each day this week as to what topics I should review & do MCQs for). Right now half-way through, and I am scoring around 67-68% for MCQs on each topic. When I am done with this, I will have about 50 hours left for random NINJA MCQs (which will then be the second time I see most of the questions) – I hope to be in the 70s there. So, I am no longer completely lost in the individual tax, which I was a week ago (I am currently studying 10-12 hours a day, so making pretty fast progress). I have not yet hit the individual taxation part (review of notes + another 1/3 of the NINJA MCQs), that will be on Saturday, so let's see how I feel then.

    Texan_Stuck_In_OK:

    Clear, and logic. It is, however, a completely different thing to say “has potential” vs. “0% risk” vs. “20% risk”. Such statements would, of course, be based on “best guess” but hey that's all we got.

    Big 4 Audit Manager from Europe here to pass the CPA in the U.S. of A in 2014! Niiice!

    AUD - 95 / Jul 15 / 130h over 4 weeks
    FAR - 86 / Aug 14 / 240h over 4 weeks
    (11 week break)

    REG - 81 / Nov 14 / 200h over 4 weeks
    BEC - 87 / Nov 17 / 30 h over 2.5 days

    #616527

    @krokofilen

    I use “has potential” because from my experience the guidelines given about the weights of areas tested do not correlate to the weights of the areas I actually received. In both FAR and AUD areas that were supposed to comprise 30% of the test I only got one or two questions on, whereas another area that was to be 8-12% of the test was tested extremely heavily. So by using “has potential” I am not giving you a hard and fast rule that you will see that much in your own testing experience…just letting you know that anything is fair game.

    Best of luck to you and your accelerated study plan!

    A 88, B 76, F 84, R 76 Passed 2014

    Licensed in OK

Viewing 5 replies - 16 through 20 (of 20 total)
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