- This topic has 3,212 replies, 134 voices, and was last updated 12 years, 1 month ago by
so1913.
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September 9, 2013 at 2:07 pm #180294
jeffKeymasterREG Resources:
Free REG Notes & Audio – https://www.another71.com/cpa-exam-study-plan
REG 10 Point Combo: https://www.another71.com/products-page/ten-point-combo
REG Score Release: https://www.another71.com/cpa-exam-scores-results-release
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September 12, 2013 at 2:55 am #479351
SkrierMember@Qlad see my edited post above, I hope this makes sense to you.
AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79September 12, 2013 at 3:32 am #479348
QladMemberoh..skrier …i was not able to see ur post earlier…it is making a lot more sense now…i will finish the whole sim as per ur clarifications and see if it works…
thanks
FAR 72,71,81 π
AUD 64,71, 72, 75 π I'm done !!!
REG 73, 74, 74, 84 π
BEC 76 πSeptember 12, 2013 at 3:32 am #479360
QladMemberoh..skrier …i was not able to see ur post earlier…it is making a lot more sense now…i will finish the whole sim as per ur clarifications and see if it works…
thanks
FAR 72,71,81 π
AUD 64,71, 72, 75 π I'm done !!!
REG 73, 74, 74, 84 π
BEC 76 πSeptember 12, 2013 at 9:21 am #479355
stokey45ParticipantHey guys,
I am looking for a little advice. This is my second battle with REG. I have my test scheduled for Oct. 3rd and this is where I am so far in my studying. I have listed to all of the lectures in my Becker Review, rewritten the Ninja Notes and now doing the MCQ. I am in chapter 5 of 8 and am not scoring as high as I feel I need to on contracts and sales(65-75). I have made notes on each MCQ I answered wrong. I have made a plan and I realized plans were made to be revised as needed.
My question is, how do you handle the situation when you are reviewing and not scoring as high as you want/need? Do you answer all of the questions and then go back and redo only those you answered incorrectly, then move on? Or, do you go back and redo all of the questions right away to see if you can nail down more info before you move on? What has best worked for you especially when time is of the essence?
Thanks for the information in advance.
September 12, 2013 at 9:21 am #479367
stokey45ParticipantHey guys,
I am looking for a little advice. This is my second battle with REG. I have my test scheduled for Oct. 3rd and this is where I am so far in my studying. I have listed to all of the lectures in my Becker Review, rewritten the Ninja Notes and now doing the MCQ. I am in chapter 5 of 8 and am not scoring as high as I feel I need to on contracts and sales(65-75). I have made notes on each MCQ I answered wrong. I have made a plan and I realized plans were made to be revised as needed.
My question is, how do you handle the situation when you are reviewing and not scoring as high as you want/need? Do you answer all of the questions and then go back and redo only those you answered incorrectly, then move on? Or, do you go back and redo all of the questions right away to see if you can nail down more info before you move on? What has best worked for you especially when time is of the essence?
Thanks for the information in advance.
September 12, 2013 at 2:27 pm #479358
KenadaMemberHiya Stokey,
I am in the same boat as you when it comes to Contracts / Sales
My plan was so use my CPA reivewers material and re-write my own notes on those topics. Do batches of 20 question and see I am doing well. If not, I would re-listen to Jeff's REG Audio for those chapters as sometimes just listening to someone talk on a topic helps.
I am not sure if BLaw is never tested as a SIM in the actual exam. I read it somewhere.What I would do is SIM's on Contract/Sales in your test bank. I some times find by doing the SIM question it really helps to you understood the subject material or not. Sort of helps give you a bigger picture.
Lastly but not least – I would reach out to the folks here and show them the question, ask for help understanding why its Ans A and not B etc. I am sure someone out here would have a better foundation on it and is willing to help you understand it.
FAR 05/27/14; 786/110 - Done !
September 12, 2013 at 2:27 pm #479369
KenadaMemberHiya Stokey,
I am in the same boat as you when it comes to Contracts / Sales
My plan was so use my CPA reivewers material and re-write my own notes on those topics. Do batches of 20 question and see I am doing well. If not, I would re-listen to Jeff's REG Audio for those chapters as sometimes just listening to someone talk on a topic helps.
I am not sure if BLaw is never tested as a SIM in the actual exam. I read it somewhere.What I would do is SIM's on Contract/Sales in your test bank. I some times find by doing the SIM question it really helps to you understood the subject material or not. Sort of helps give you a bigger picture.
Lastly but not least – I would reach out to the folks here and show them the question, ask for help understanding why its Ans A and not B etc. I am sure someone out here would have a better foundation on it and is willing to help you understand it.
FAR 05/27/14; 786/110 - Done !
September 12, 2013 at 5:22 pm #479361
icanhazcpaMemberSeptember 12, 2013 at 5:22 pm #479371
icanhazcpaMemberSeptember 12, 2013 at 5:30 pm #479362
AnonymousInactiveI have a question on REG-SIM-0007. For Mitchell, the answer says that the Corp's tax basis on property contributed is $40,000 (the Adj. basis of property). However, the property transferred is subject to a liability of $50,000, which is greater than the adjusted basis. I thought if the liability > AB, the shareholder recognizes a gain (in this case $10,000). So that would mean the corp's basis would be the S/H's transferred basis + S/H's gain ($40,000 +$10,000)= $50,000. The answer does not recognize this gain…What am I missing here? Any help appreciated. Thanks!
September 12, 2013 at 5:30 pm #479373
AnonymousInactiveI have a question on REG-SIM-0007. For Mitchell, the answer says that the Corp's tax basis on property contributed is $40,000 (the Adj. basis of property). However, the property transferred is subject to a liability of $50,000, which is greater than the adjusted basis. I thought if the liability > AB, the shareholder recognizes a gain (in this case $10,000). So that would mean the corp's basis would be the S/H's transferred basis + S/H's gain ($40,000 +$10,000)= $50,000. The answer does not recognize this gain…What am I missing here? Any help appreciated. Thanks!
September 12, 2013 at 6:53 pm #479365
sugarmagnolia548MemberDo we need to know all of these phase-out numbers? It seems crazy, there is a phase out for every little thing!
September 12, 2013 at 6:53 pm #479375
sugarmagnolia548MemberDo we need to know all of these phase-out numbers? It seems crazy, there is a phase out for every little thing!
September 12, 2013 at 7:02 pm #479368
KenadaMemberSeptember 12, 2013 at 7:02 pm #479377 -
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