[jeff]

REG 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

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[UCMCPA]

gonna guess B, probably wrong though

FAR - 84
AUD - 94
REG - 86
BEC - 86

[UCMCPA]

gonna guess B, probably wrong though

FAR - 84
AUD - 94
REG - 86
BEC - 86

[smsingla]

Answer should be B, because first they take the highest percentage rate for gain and net it against and loss

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[smsingla]

Answer should be B, because first they take the highest percentage rate for gain and net it against and loss

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[Kenada]

Yes it is B …

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

[Kenada]

Yes it is B …

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

[Kenada]

Petty Corp. made a public offering subject to the Securities Act of 1933. In connection with the offering, Ward & Co., CPAs, rendered an unqualified opinion on Petty’s financial statements included in the SEC registration statement. Huff purchased 500 of the offered shares. Huff has brought an action against Ward under Section 11 of the Securities Act of 1933 for losses resulting from misstatements of facts in the financial statements included in the registration statement.

Ward’s weakest defense would be that

Huff’s losses were not caused by the misstatements.

Ward was not in privity of contract with Huff.

Ward conducted the audit in accordance with GAAS.

Huff knew of the misstatements when Huff purchased the stock.

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

[Kenada]

Petty Corp. made a public offering subject to the Securities Act of 1933. In connection with the offering, Ward & Co., CPAs, rendered an unqualified opinion on Petty’s financial statements included in the SEC registration statement. Huff purchased 500 of the offered shares. Huff has brought an action against Ward under Section 11 of the Securities Act of 1933 for losses resulting from misstatements of facts in the financial statements included in the registration statement.

Ward’s weakest defense would be that

Huff’s losses were not caused by the misstatements.

Ward was not in privity of contract with Huff.

Ward conducted the audit in accordance with GAAS.

Huff knew of the misstatements when Huff purchased the stock.

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

[Skrier]

Just finished rewriting all my notes and 2013 tax changes. One last practice exam in the morning, then its off to test. I sure hope I can remember everything while under pressure!!

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

[Skrier]

Just finished rewriting all my notes and 2013 tax changes. One last practice exam in the morning, then its off to test. I sure hope I can remember everything while under pressure!!

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

[Kenada]

Awesome Skier, i hope the exam goes well for you tomorrow and Thank you so much for all your help! Sad i can't sit the exam tomorrow with you but Sat 19th I will be facing that dread screen doing the REG exam.

I just hope i can remember everything.. as i am doing the practice tests i noticed I “forgotten” some of the rules…. 🙁

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

[Kenada]

Awesome Skier, i hope the exam goes well for you tomorrow and Thank you so much for all your help! Sad i can't sit the exam tomorrow with you but Sat 19th I will be facing that dread screen doing the REG exam.

I just hope i can remember everything.. as i am doing the practice tests i noticed I “forgotten” some of the rules…. 🙁

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

[Skrier]

Thank you IY…as you could see earlier, there are some points I have forgotten as well. I am finding that I am getting some things mixed up. Time to call it a night and start with a clear mind in the morning.

You will do great on Saturday!! I will check back in tomorrow.

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

[Skrier]

Thank you IY…as you could see earlier, there are some points I have forgotten as well. I am finding that I am getting some things mixed up. Time to call it a night and start with a clear mind in the morning.

You will do great on Saturday!! I will check back in tomorrow.

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

[smsingla]

IY….Answer should be B. right? Ward was not in privity of contract with Huff.

Because under 1933 Act, Privity doesn't have to be there

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[Author]

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