[cpabro]

Hi guys,

I was doing the SIMS for AICPA BEC and it gave “Analytic Definitions” and “Valuation Metrics” for the questions asking for ratios/turnovers/etc. Does the actual exam also give you that information? Thanks very much in advance.

[Recked]

Hit or miss, but I would anticipate yes if they are on the sample exam.
The exam is testing that you know HOW to use the formula, not so much that you can remember the formula.
It will take up some of your precious time to have to refer to the formulas, but better safe than sorry. I remember feeling those types of questions were fluff, easy points. But they are there to test your understanding rather than just memorization.

[Author]

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