[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]

A..

The offer was supported by consideration of not doing something. Additionally, the mail-box rule applies when you mail off an acceptance unless the parties started the acceptance must be received by X day through Y medium.

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

[UCMCPA]

A..

The offer was supported by consideration of not doing something. Additionally, the mail-box rule applies when you mail off an acceptance unless the parties started the acceptance must be received by X day through Y medium.

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

[Kenada]

yes it is A.

Oh no Skrier, why are you feeling that? 🙁

Is it because you feel that the material in Becker didn't cover what you saw in the exam or was it because you didn't concentrate on those specific topics as much as you would have liked to?

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

[Kenada]

yes it is A.

Oh no Skrier, why are you feeling that? 🙁

Is it because you feel that the material in Becker didn't cover what you saw in the exam or was it because you didn't concentrate on those specific topics as much as you would have liked to?

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

[teeteenounouche]

@IY247: Notes from Roger: Draft –

o Drawer/Drawee/Payee

o Orders another to pay money.

o Drawer secondarily liable. (Titan)

o Drawee primarily liable only after accepting the draft. (bank)

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[teeteenounouche]

@IY247: Notes from Roger: Draft –

o Drawer/Drawee/Payee

o Orders another to pay money.

o Drawer secondarily liable. (Titan)

o Drawee primarily liable only after accepting the draft. (bank)

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[Kenada]

Klaus Corporation, which is not exempt from the alternative minimum tax, reported adjusted current earnings (ACE) and alternative minimum taxable income (AMTI) prior to the alternative minimum tax NOL deduction and ACE adjustments for 2010 through 2012 as follows:

2010 2011 2012

Ace $200,000 $200,000 $200,000

AMTI 100,000 240,000 350,000

What is the amount of Klaus Corporation’s alternative minimum tax ACE adjustment for 2012?

$( 45,000)

$ 112,500

$( 75,000)

$(112,500)

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

[Kenada]

Klaus Corporation, which is not exempt from the alternative minimum tax, reported adjusted current earnings (ACE) and alternative minimum taxable income (AMTI) prior to the alternative minimum tax NOL deduction and ACE adjustments for 2010 through 2012 as follows:

2010 2011 2012

Ace $200,000 $200,000 $200,000

AMTI 100,000 240,000 350,000

What is the amount of Klaus Corporation’s alternative minimum tax ACE adjustment for 2012?

$( 45,000)

$ 112,500

$( 75,000)

$(112,500)

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

[Skrier]

@IY… I think it was a combination of both. Some I had never seen at all during review, and some I probably should have spent more time on…. The sections I thought were going to be difficult for me, definitely were. Overall, I don't think there was any more I could do to prepare for this.

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

[Skrier]

@IY… I think it was a combination of both. Some I had never seen at all during review, and some I probably should have spent more time on…. The sections I thought were going to be difficult for me, definitely were. Overall, I don't think there was any more I could do to prepare for this.

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

[Kenada]

Oh 🙁

Well people do say they come out of the exam room feeling really bad and they end up passing. You may be one of those people for this exam.

I personally am praying the exam on Sat does not have many questions on Sales and secured debtor-creditor. I am totally crap at those topics and no matter how many times i read them or do questions on them …I completely and utterly suck LOL.

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

[Kenada]

Oh 🙁

Well people do say they come out of the exam room feeling really bad and they end up passing. You may be one of those people for this exam.

I personally am praying the exam on Sat does not have many questions on Sales and secured debtor-creditor. I am totally crap at those topics and no matter how many times i read them or do questions on them …I completely and utterly suck LOL.

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

[smsingla]

IY….is answer A? (45,000) ACE adjustment is allowed only to the extent of the amount of net positive adjustment from prior years.

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

[smsingla]

IY….is answer A? (45,000) ACE adjustment is allowed only to the extent of the amount of net positive adjustment from prior years.

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

[Kenada]

Yes A

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

[Author]

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