Q3 SIMs – Journal Entries – Do I need to put ZEROes on all BLANK spaces? Help!

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  • #1617514

    REPOSTED:

    Taking REG today (Aug 29th). I don’t know what to expect. This will be my 3rd section within 2 weeks. Didn’t study much, since I don’t know what to expect with the ‘new format’. These 4 sections are more like a trial run for me.

    Question, for SIMs, regarding Journal Entry SIMs questions, do you have to put ‘0s’ on ’empty boxes’ after your ‘DR’ and ‘CR’ & ‘account titles’? I have been doing this since my last March 2017 (took 4 sections as well).

    My March 2017 results were all in the ’50s’ (lowest scores in my history of taking exams since ‘paper form’ in the late 90s). I was expecting at least 2-3 pass exams for that March 2017, instead I got the worst nightmare.

    For these Aug 22-31st exams (4 sections), so far, I took AUD (Aug 22nd) & FAR (Aug 25th) already. All of my SIMs that have Journal Entries questions, I placed ‘0s’ on all ‘blank’ spaces, am I in big trouble?

    I know I have to read the instruction on all the questions. Am I overdoing it, making sure nothing was missed, but instead, I am doing it wrong and making my scores ‘very low’ Please help.

    Thanks.

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  • #1617608
    MattLorenz
    Participant

    I just took FAR on Friday and for the simulations, they will tell you to either put a “0” or leave the answer blank. That was a point of emphasis for me as well when I took the actual exam, because I would lose points on the Becker mock exams since it didn't specify whether to leave it blank or put a zero.

    Don't put zero's in blank JE places anymore. I know when I took FAR on the 25th, it stated that not all lines will be used, so those were just left untouched. I had a stock. equity spreadsheet that did have two rows that weren't used so those were just left blank. I had an A/R simulation where it said to put zeros if there were no adjustments, so it really depends on the type of question and what's being asked.

    Don't overthink it. If it says not all rows will be filled, don't put anything in the unused ones. If it says leave columns blank if no entry, just leave them blank. If it says to put zeros if no adjustments, then put zeros in the boxes. I understand that you can confuse yourself if you overthink it and cost yourself points, especially on FAR where it's mostly JE's and adjustments.

    #1617712
    maj1028
    Participant

    I made this mistake when I took FAR but still passed so I think they may not be deducting any points if you put zero, but I would recommend not putting them unless instructions told you so.

    #1618087

    @MattLorenz Thanks for the advice, much appreciated. I like Becker materials, especially the textbooks. Unfortunately, I don't have access with the latest SIMs practice questions, where I can see if all my entries (answers) are properly entered in the required boxes.

    Thanks to @jeff's Ninja SIMs materials, and this forum, they're given me some ‘hints' if I am practicing the right way with the new format.

    After writing Auditing (Aug 22nd), FAR (Aug 25th) & REG (29th), I have a good idea what I need to do for the next time around. With the exception of SIMs (worth 50%), my old Becker/Wiley textbooks and MCQs (worth 50%) are still usable.

    @maj1028 Thanks for the advice, much appreciated. Congratulations by the way. You're doing really well there.

Viewing 3 replies - 1 through 3 (of 3 total)
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