AICPA PRACTICE EXAM FAR Need Help

  • Creator
    Topic
  • #1672727
    cpaswag
    Participant

    Can someone please launch the AICPA practice exam and tell me why the answer for the last question of the DRS for FAR was “Delete Text” like why are wrong answers such as “original text” wrong?

    Thanks!!

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  • Author
    Replies
  • #1672733
    Recked
    Participant

    According to the financial statements the Basic EPS for the 6 months ended year 9 is .08, and the DEPS for the same period is .07.
    (You don't need to actually calculate DEPS, it's already done for you.
    None of the answers listed in the DRS say the DEPS drops to .07

    #1672783
    Tncincy
    Participant

    I just did an aicapa tutorial. It was very informative. I've been using the search function all wrong. I did read about how to answer drs and also gained a better understanding of what we're supposed to be doing. I initially went there to get those sample questions others posted about. A lot of information to answer those in the back of your mind questions. Good place to just look around.

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

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