Using the AL for FAR

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    Topic
  • #201283
    kyle.brown
    Participant

    Can someone give me any tips on the best way to use the AL if i get a little stumped on a SIM? Like is there anyway to use it if i am blanking on what accounts to use for JE’s etc.

    FAR - Passed 4/2016
    AUD - Passed 11/2015
    REG - ?
    BEC - 05/28/2016

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  • #771778
    kyle.brown
    Participant

    Anyone got tips for me?

    FAR - Passed 4/2016
    AUD - Passed 11/2015
    REG - ?
    BEC - 05/28/2016

    #771779
    Anonymous
    Inactive

    Some questions will call for you to use the AL. You may find that the AL will help with other questions. But by no means should you rely on the AL in lieu of studying, and it will definitely not provide information on debiting cost of good sold or inventory to assist with a journal entry.

    I did find it useful to peruse at the end of the exam.

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