REG Study Group October November 2013 - Page 10

Viewing 15 replies - 136 through 150 (of 3,212 total)
  • Author
    Replies
  • #479351
    Skrier
    Member

    @Qlad see my edited post above, I hope this makes sense to you.

    AUD- 84
    FAR- 75
    REG- 78...I am DONE!!!
    BEC- 79

    #479348
    Qlad
    Member

    oh..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 πŸ™‚
    AUD 64,71, 72, 75 πŸ™‚ I'm done !!!
    REG 73, 74, 74, 84 πŸ™‚
    BEC 76 πŸ™‚

    #479360
    Qlad
    Member

    oh..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 πŸ™‚
    AUD 64,71, 72, 75 πŸ™‚ I'm done !!!
    REG 73, 74, 74, 84 πŸ™‚
    BEC 76 πŸ™‚

    #479355
    stokey45
    Participant

    Hey 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.

    #479367
    stokey45
    Participant

    Hey 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.

    #479358
    Kenada
    Member

    Hiya 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 !

    #479369
    Kenada
    Member

    Hiya 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 !

    #479361
    icanhazcpa
    Member

    For those of you that are you saying you were strong in MCQs, weak in other areas, etc. Where are you getting that? Where do you see your score report? Is it on the NASBA website?

    BEC - 83
    FAR - 83
    REG - 74, 78
    AUD - 76

    Becker Self Study

    #479371
    icanhazcpa
    Member

    For those of you that are you saying you were strong in MCQs, weak in other areas, etc. Where are you getting that? Where do you see your score report? Is it on the NASBA website?

    BEC - 83
    FAR - 83
    REG - 74, 78
    AUD - 76

    Becker Self Study

    #479362
    Anonymous
    Inactive

    I 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!

    #479373
    Anonymous
    Inactive

    I 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!

    #479365

    Do we need to know all of these phase-out numbers? It seems crazy, there is a phase out for every little thing!

    #479375

    Do we need to know all of these phase-out numbers? It seems crazy, there is a phase out for every little thing!

    #479368
    Kenada
    Member

    @ icanhazcpa – for me the CA site gives you a score report and tells you what you are strong in / weak in.

    @ sugarmagnolia548 – I would say yes learn the phase outs. Its easier if you did your notes and wrote them down so you can remember it in the exam.

    FAR 05/27/14; 786/110 - Done !

    #479377
    Kenada
    Member

    @ icanhazcpa – for me the CA site gives you a score report and tells you what you are strong in / weak in.

    @ sugarmagnolia548 – I would say yes learn the phase outs. Its easier if you did your notes and wrote them down so you can remember it in the exam.

    FAR 05/27/14; 786/110 - Done !

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