how are you guys remembering all these formulas in b-1 and 2?
how are you guys remembering all these formulas in b-1 and 2?
Missed by three in December. I am praying for many IT and COSO questions in January. I read a lot of texts but neglected practicing MCs. Guess I'll bury myself in MCs for the next month!!!
@3CPA You seem to have a very rigorous study plan man jeez haha. Now wonder you killed Audit.
How do you get a 99 is that literally like 1-2MCQ wrong or what? Thats crazy.
Man really struggling to sit down and do this, I just see 2:20:00 on a lecture and Im like no thanks.
99 is a perfect score! Impressive!
I did not see anyone answer your question regarding BEC 2-17 example that you posted two days ago. I dont know if you figured it out but I though I wold try and help. I am new to this forum. When making a decision on whether a company should make or buy a component you should only consider all the variable costs & avoidable fixed costs to determine the company’s cost to make the product. These are the only relevant costs that need to be considered when making the decision. You do not include any costs that are fixed & unavoidable in the calculation for the company’s cost to make the product. According to the example the company has $10,000 in direct materials, $40,000 in direct labor, $20,000 in variable factory overhead, and $40,000 in fixed factory overhead. Fixed factory overhead includes $30,000 of unavoidable costs. You cannot eliminate these costs, whether you build the product internally or purchase it. Therefor they are not relevant to the decision and should not be included in the calculation in determining the cost to make the product. The $10,000 floor supervisor’s salary is an avoidable fixed cost (relevant to the decision) and should be included in calculation to determine the cost of making the product. The company’s relevant cost to make the product is $80,000 (10,000 D.M. + $40,000 D.L. + $20,000 Var. O.H. + $10,000 Avoidable Fixed Costs = $80,000). The cost to purchase the product is $100,000. The floor supervisor’s salary did not lower the “make” per unit cost, the unavoidable fixed costs did. I hope this helps. If it does not I’m sorry.
Night 1 of hitting the books again with BEC... 4 stupid points shy of passing the CPA Exam, would have been the best Christmas gift ever! Hoping to kill it in February so I can plan my wedding!
I got a 71 on BEC 10/13, rematch scheduled 1/4. Just finished 5 (economics), 5 hours tonight on all parts and MCQ on first two sub sections. Still have 74 MCQ and optional MCQ. BEC is difficult, time-consuming, and a wealth of spread out information. Economics is tough, you have to keep going over it until you really get the concepts and how they piece together. I havent even looked at a writing sim, they are so long. Much longer then I believe is necessary. Bottom line, the more time you have at the end for the writing the better off you are. JMO.
I will finish 6 this week and progress test and Wiley test bank to finish line. Maybe a practice test day before. I hate this so much that Im studying like I got a 31!!!!!!!
@ cantwaitcpa thanks a lot!
I need some advice on my studying structure. I'll be finished with B3 today. So far I've done all the lectures and attempted the MCQ at least one time. Now I know I need to fine tune a lot of stuff in B1-B2, because I didn't really re-read the material or take notes.
Do you all think I should stop and take a day or two and do a good review and take notes on these or just keep moving forward for now? I have 28 days of full time studying until my exam.
I'm using the 2013 Becker materials for BEC, and I'm worried about my performance so far. I worked on all the MCQs for the first 4 chapters, but only once. Here are my results:
Chapter 1 - 67%
Chapter 2 - 73%
Chapter 3 - 69%
Chapter 4 - 64%
What the hell? I thought BEC was gonna be a breeze. Chapter 4 was the really easy IT crap, but I kept getting questions wrong. A few of you have said the actual exam is much easier than Becker, so I'm still hoping my poor results are due to Becker overcomplicating their review. But I'm not feeling confident at all and it's 2 weeks before my test.
@FeartheBeard - I'm having the same issue as you - I'm doing pretty terrible on the homework for BEC so far. It's freaking me out quite a bit!
^^ I am having the same issues as you both, scoring 60-75% range depending on the topic. For FAR the first time around i was literally getting 40-50% on some sections. After you work them a couple times your score will increase.
I do believe Becker questions are much tougher on purpose to help us study better, at least from the FAR materials.
I need some advice...
This is my third attempt at BEC and I MUST pass it this time before FAR expires and I lose being grandfathered into PA under the 150 credit rule. I'm taking it on January 7th and just took a practice exam and I got a 91 on the multiple choice part (I skip the essays because I think it's a waste of time practicing those). Before, I just used CPAExcel, this time I added the 10-point combo. I feel prepared for the exam but I still have 2 and a half weeks of prep time. Any suggestions on what to do for these last few weeks? I don't want to get worn out and bomb it on exam day, which is what happened in October.
@hgmosteller, I'm from pa and I believe the state board has interpreted the new requirments. My understanding is as long as u passed a part by dec 2011, u are forever grandfathered in. Correct me if I'm wrong but you can find their interpretation on their website.
correction to my post above...It is the PICPA interpretation and NOT State board. Sorry for the confusion.
@supervisor, I just read their interpretation and that's what I gathered as well. Thank God! However, I still really really really want to pass BEC and be done with the exam, as I'm sure you do too!
yes I do! I wanna be done with it forever!!! This will be my 4th time taking it and that's within 4 consective windows. *sigh.. when are you scheduled to sit for it?
January 7th, not soon enough
aww. ok. i'm sure you will do great. 2.5 weeks left of prep time is a lot. I am using Wiley and still have about 150 questions to go in the text book but after I am done with the book, I am going to use the test bank. I would grill those MC's like crazy at least that is what I hear from the peeps that passed.
Econ chapter is pretty easy so far (B5). I think whoever said it's downhill after B1 and B2 was right.
The common thing I hear is that BEC is easy........it is not and dont underestimate it. None of these exams are easy and they should all be studied for in the same way. For stuff like the IT, its easy to say "oh yeah i know about computers, i got it"...............but then you get a handful of questions you have not idea about on the exam and that could be just enough to push you over the line.
I cant speak for other prep courses, but Becker did do a good job and nothing seemed foreign on the exam. I will say b-1 - b-3 were the worst and it got much easier after. I personally liked the economics chapter. Peter Olinto said it right, you cant memorize this stuff.........you have to UNDERSTAND it. Once you understand it, you can talk your way through the problems logically and usually come to the correct answer.
Good luck BEC takers, study hard and knock it out!
Just finished up B3 MCQ today, you guys attempt the 112 MCQ optional questions for this chapter?
So far I have done all the lectures and attempted all MCQ for B1-B3 in one week, which is pretty quick pace. I think im going to keep this up and I'll have completed everything by about January 1st. Then ill have 2 full weeks of solid review to reattempt every thing and hammer it home.
Went through B5 fast and took the eBook notes for B6.
Truthfully, I skip through the lectures. It's just not my learning style.
Hopefully I'll finish B6 questions tomorrow, and then review everything (nonstop MCQ) until the 5th.
What do you all think of B4/IT? Do we really need to know all the small detailed policies and all the stuff? What about the Appendix?
Only Becker could make this section that hard and the MCQ too. When I attempted them I was like is this stuff even in the text?
@ SeePeeAyy - I barely reviewed the B4/IT section before I sat for BEC in December... and I remember there only being about 3 or 4 MC questions on the exam and I was able to recall the answer from when I reviewed the chapter the first time. Overall, I wouldn't stress about the IT section. I didn't put too much effort into it and scored "comparable" in my results.
I would focus on the following 3 areas:
- Corporate Governance - seems easy, and overall it is, but I had a lot of questions in this category
- Financial Management
- Strategic Planning
Ok I did chapter 1 and started doing chapter 2 (which is SO HARD, I never learned any of this). My test is on January 5th. I start my Big 4 job on January 7th and the only other weekend days available are in February. Should I push my test back to Feb 9th or try to take it January 5th? I passed Reg on the first try doing half the lectures and homework on Becker. Pretty good test taker.
So far the BEC test has been the hardest test for me. It seems like all new material to me. I took the exam in November and made a 71 on it. I am using Becker for studying. Becker's BEC consist of 6 chapters. I only studied 4 of the chapters because I was able to do this for Audit & Reg. I skiped chapter 4 (I.T. section) and chapter 6 (Project management). To me the test seemed to have a lot of questions regarding COSO (internal controls & Enterprise risk management) & I.T. questions. There also seemed to be a lot of calculations you had to back into getting the information you needed to calculate the answer for the problem which was very time consuming (a lot of variable over head variances). I performed stronger in all sections except I.T. and the written communications section. I only had 15 minutes by the time I started the essay section and was only able to complete one of them before running out of time Now this is just my persepective. On the October/Novemr Exam formum someone said they only studied 2 weeks and made an 83 on the BEC. I only wish I was that smart. I wish they would lower the passing score to 70. That would be so wonderful. Good luck on your test and I hope this helps.
Audit - 94
Reg - 86
BEC - 71 (Retaking in January)
@cantwaitcpa it sounds like you got lucky for audit and reg by skipping material and passing. Im not understanding the point of your post........you scored a 71 which is extremely close to passing and you didnt even finish a 1/3 of the prep material, yet you want them to lower the passing score to 70? Had you studied the IT section you would have more than likely passed.
Sorry this sounds like nonsense to me
Sorry. I guess I should have clarified better. I studied all chapters except one for the audit and one for the reg exam. I do taxes and auditing for a livinng so that helped me a lot on those exams. The information in BEC was new information to me. I should not have used the same logic of skipping chapters for this test. I wish I would have studied the IT chapter material. If I had I would have passed the exam and I would not be taking the exam again. If you are familiar with Becker study material you know the chapters are long and they provide a lot of multiple choice questions. I studied way more than a 1/3 of the prep material. For BEC there are close to 1,200 multiple choice questions. Based on the multiple choice questions I did I studied 80% of the prep material.
Also, everyones test is different. What is on one persons exam may not be on anothers. I had a lot of I.T. questions where another poster said they only had 3 I.T. questions. You dont know what will be on the exam and having to retake the test is a lot more time, money, and mental anguish you have to go through.
As for as the 70 score goes, there is a lot of information we are required to know for the exam and I think a 70 is fair for passing. I would think most canidates would agree. There are to many cpa canidates who receive a score in the 70 to 74 range. I think it is hypocritical of the AICPA to set a 75 as a passing score for the exam but give licsenced CPA's the option for their continued profession education requirement to just go to a siminar and not even have to take a test. They just have to show up. I dont think it is fair. They should be held to the same standard as cpa canidates.
Finished B6 problems today. I ran through a 100 question progress test and got an 84. I could tell I forgot some of the calculation problems, but I think that's a solid starting point for my final review. 15 days to study (more like 13 with the holidays).
@Meadows30 - first congratulations on being able to pass Reg by skipping chapters and homework. As you can see from my scores, that was not the case for me and I studied every chapter and MC questions lord knows how many times. BEC is tough, and I definitely underestimated it going into it... especially chapters 2 and 3 of Becker, which is where all the Cost Accounting is. It took be forever is get through the first few chapters. My opinion would be to defer it to February and really prepare yourself... but I also like to go into each exam feeling as prepared and ready as I can possible be. Best of luck!
@cantwaitcpa - You are preaching to the choir when you wish they would lower to passing grade to 70... I've scored between a 70 and 74 4x's!! Every time I have failed it was between a 70 and 74.... I would be done with this frigging thing ages ago is that was the case! I also scored a 71 on BEC this past quarter. We'll get it in Jan/Feb! Best of luck!!
I want to give up!
All those B2 & B3 MCQ (especially the optional ones) are killing me!
Hang in there. It really isn't too bad once you reach B4. B3 is still pretty heavy with McQs.
Onto B5 today. Looking to finish B5 and B6 by next week.
So far so good with B5, I liked economics class although it was 5 years ago. Section 1 very straightforward as well as the McQ. If you understand the simple AD/AS graph you pretty much can get all the questions correct.
appreciate if anyone can help !
What if i prepared for BEC exam using 2012 Gleim Review & Test Prep SoftWare "both 2012 Edition"
Ninja's Audio "2012"
& Wiley test bank 2013
is it ok i'm studing from 2012 edition as i'm planning to RETAKE the exam on next FEB. !
Just finished the Becker Final Exam #1 with a score of 81%.
Let's see how it works with Final Exam # 2
Guys and Gals Merry Christmas! I need your opinions please. Got a 71 in Oct. Scheduled to retake 1/5. I followed Jeff's plan and took detailed notes of all the chapters. I did mcqs chap 1 & 2 and just finished most of 3. So mcqs 456 still to go. I however haven't gone back over the ones I missed or taken any progress tests yet, which I think helped me with Reg. I have 12 days to finish all mcqs and I'd like to take practice tests along the way. Plus the practice exams. If time permits also to rewrite the notes. Do you think I should back the test a week? Or just finish strong and take test while all is fresh?
Took a couple days off for Christmas Eve and Christmas. Woke up today and grinded out the last of B5. Definitely my favorite chapter and was really interested in it. Killed the McQ concepts.
I'll start and finish up B6 in the next 2-3 days, then have 16-17 days of review. In good shape I think.
Hows everyone else doing?
I hate not studying with Becker because my chapters don't line up with everyone else's, so I can't complain about chapter "BX" with everyone else!
I "enjoy" and do well in the econ, corporate governance and performance measurement (the ridiculous number of ratios chapter) chapters. IT and cost accounting/analysis chapters were iffy for me the first exam but I think I'm much better in them now. Financial management/ risk analysis/capital budgeting are still my weaker areas! I remember back in my Corporate Finance class in college, I did all that present/future/annuity garbage on my graphing calculator straight up without the factors (using the factors confused me for some reason, it was easier for my brain to start from scratch) and now I obviously don't know how to do either, haha. I sit again on 1/6 so this week I'm focusing on my incorrect MCQs on those chapters I'm doing well in, and taking the weekend to go over my weak areas - doing all MCQs again (and going slow if need be). Next week I'll do a practice test and review from there!
Almost only a week out from my exam. Fellow re-takers, for those of you rewriting notes.... do you skip over the sections you are scoring well in? I feel like I should have done some MCQ's first to see where my strengths were but I was so set on studying everything again. But I now I feel like I've wasted valuable time on subjects I know well. Well it's too late now, but just curious what everyone else is doing. I am trudging through IT now. Have no plans for the holiday next week and get three days off from work. But will be out of town this coming weekend. I want to lock myself up top focus.
@littlenumberrobot, I am NOT re-writing notes. I didn't for REG either when I went from my 70 to 80. I agree it seems wasteful to do that much work on areas you know well, when you only have a week left. (if you had all the time in the world, of course it probably wouldn't hurt).
I studied with Bisk from front to back, and got my 62. This time I bought the Wiley book, scimmed the chapters and then did all chapters' MCQs again. As I put above, now I'm going back and re-doing the MCQs I got WRONG in all chapters, and spending some extra time re-reading/highlighting sections of the chapters I feel weak in! For me, with only this short amount of time left, I focus on my weak areas and only dabble lightly in my strong ones. I test on a Sunday so on that weekend (Friday/Sat) I'll review all areas. Good luck on 1/5, I'll be right behind you!
Thanks for the response. I started doing that with the MCQs right before I took REG(late in the game then too), will try again this time around. I'm also weak in financial mgt and analysis. I rock at Corp Gov & IT. Thanks for the well wishes.... same to you!
Just finished B6. Only took me about 39 hours to go through everything, way faster than I thought. Wish I scheduled my test a bit earlier, I feel like 2+ weeks is too much for review.
I agree @SeePeeAyy that 2+ weeks may be a little much. I planned for the same thing, but with the holidays I got a little behind (leaving about a week). I plan to hit MCQ as much as possible until the 2nd!!
When you guys say just pump out MCQs when reviewing do you just keep taking those progress tests with Becker?
I do some of those with Becker yes, along with the Wiley Test Bank and Becker Final Review
Help with MCQ
Which one of the following best describes direct labor?
Answer: Both Prime and Period Cost.
Prime and conversion I see but how is DL a period cost?
Isn't DL both a PRIME cost and a PRODUCT cost?
Anyone have some suggestions for mastering the written communications portion of the exam?
Yes it would be prime and product cost, but not period cost. Thats an expense I thought and doesnt hit COGS. Is this a Becker screw up?
All I hear is Peter Olintos voice in my head, oh vey!
This is why Becker pisses me off sometimes. So many errors. Got frustrated during my final exam trying to answer this, when I knew I had the correct formula answer.
Exports $ 20 million
Rental Income 120 million
Gross private domestic investment 50 million
Personal consumption expenditures 1,500 million
M1 money supply 75 million
Imports 45 million
Government purchases of goods & services 750 million
Depreciation (capital consumption allowance) 225 million
G of $750 million + I of $500 million + C of $1,500 million + E of ($20 million − $45 million) = $2,725 million.
Too bad they list the I as 50 million not 500 million.
@KellyBHopefulCPA - when I received my results back from 12/6 I scored "comparable" in the written communication to those who scored between 75 and 80. I went into the written communication with about an hour and made sure I paced myself. When I retake BEC in February I'd like to go into it with an hr and 15 minutes, I felt very rushed going into my 3rd essay in December. As I was reading through the introduction I took down some notes to get myself organized, had an introduction, one body paragraph and a conclusion. I wouldn't stress too much, just write intelligently, keep a steady pace in moving from one essay to the next. Good luck!
@I Want My Life Back 10.12
I was also comparable in the WC, hoping to have been Stronger on that portion though. Got a 100% on the Becker simulations so I was "how could have I written a better memo" when I got my score report. Jumping 19 pts in your AUD ret-take is awesome! What did you do to improve that much? I hope to integrate that strategy after scoring a 70. Thanks.
@ sdgh1826 -
Thanks! :) I was completely stunned when I got my 89 haha. I actually still have a print out of my score at work so I can look at it occasionally :) The first time around I watched all the Becker lectures, did all the MC and simulations. I was crushed when I received my 70... I thought for sure I would pass as I have been working in Audit in Public for 5 1/2 years and now in Internal Audit for a large corporation. After I got over the heartache I decided not to watch the lectures again and just read through the chapter, redid all the MC and I took typed notes of the all chapters. I then used only my typed notes to review, highlighting them and writing down additional notes. I didn't really focus on reviewing the sims. I would really recommend focusing in on Chapter 3 and 4 of Becker, the Engagement Acceptance and Evidence. Tim Gearty says these chapters make or break your score and I think he's right!
To be honest though... I didn't really feel like my knowledge of Auditing changed drastically between the 1st and 2nd time I took the exam. I do feel a lot of this exam comes down to the luck of the MC questions or simulations you get from one time to the next. I felt much more comfortable with the simulations I received the second time.
Each time I took Audit I did take a 5 minute break before starting the simulations, went to the bathroom, had a snack and some water, just to clear my head. If you have time, I really think this helps to get you focused and not run out of steam at the end.
Best of luck, you'll get there!! :)
Finishing up reviewing B1 today, a lot easier seeing the material the second time around. After reading the chapter and taking notes on pretty much everything, I understood it way more and did a lot better on the MCQ.
Hows everyone's review coming along?
I really do NOT like BEC :/ Test is on Saturday and I don't feel anywhere near prepared enough
But you will be done forever!
I really wish I didn't listen to all the BS hype about BEC from people. "its so easy" "its a joke" I wouldn't say its as hard or as much volume as FAR but I wouldn't call this test a joke..
Test scheduled this Friday, the 4th. Feeling pretty good about most sections EXCEPT B2. All the cost accounting formulas and what not are stressing me out on Becker. I hate how the MCQ and solutions are so complicated and hard to understand.
@SeePeeAyy - I really hope i will be done forever!!! I definitely agree though - this test is not a joke. I will admit, I scheduled it last because i thought that it would be easy. Boy was I wrong!! I am just hoping for a 75 at this point.
I am taking this exam in a few days as well! I really don't feel prepared either. The holidays kind of messed me up. I just hope I can somehow get a 75!!
I am scoring well in everything except for B2 and B3. I guess I'll spend the next few days on those chapters.
How do I prepare for the writing section?
Test is scheduled on Jan 8th. I am stuck on ch 2, I hate Becker's mcq for ch2. I redid ch1 and have been stuck on ch 2 for 3 days now. I just keep getting the mcq. I understand the formula/theory per the book & my notes but Becker's mcq just complicate it so much that it confuses me on what I already know.
I am really worreid/freaking out. I feel like I wont have enough time. (I failed BEC on 10/31 with a 70). Anyone have any tips for ch2? especially the budgeting & analysis part. I dont really understand the manufactorying overhead variance analysis. Should I just move on to the next chapter so I wont waste too much time? I have re read the book, taken notes a few times. The first half of ch 2 (Forecasting & Projections) I am ok in , its the second half mcq that I find so hard to understand.
What are your thoughs for BEC ch 2? how heavily is ch 2 tested on exam?
I couldnt agree with you more. The variance analysis has caused me the most problems. Just when I think I figured it out I get one wrong. Becker should take baby steps in teaching that subject, they jump right into figuring rates with the standard allowed and bla bla bla. Write down A BA BS A and really learn what those letters represent. Ive made progress with it for sure. Im also testing Saturday. Took 2 100MCQ progress tests and 2 40 mcq progress tests this weekend. When I was confused about one I right down the number and when I review I make sure I learn the concepts I was questioning and the ones I got wrong. This really helps put in all together one concept at a time. Also Chap 6 has a ton of different information which I breezed through last time and did see a few questions on the exam from 6. Hope this helps, I hate my life right now, please Saturday PLEASE!
Can anyone help or explain the difference between relevant and irrelevant costs? My assumptions thus far are that:
1) Relevant Costs (Avoidable Costs) will change and will NOT be incurred when selecting a different alternative
2) Irrelevant Costs (Unavoidable Costs) will not change and are incurred during any alternative option
I keep getting confused in the MCQ's for these type of questions and the answers include fixed overhead and/or fixed costs as Relevant Costs. Why????? Wouldn't they be Irrelevant Costs because they are Fixed and will always be present in either alternative?
If someone can help me, I'd greatly appreciate it. Thanks!
Relevant costs - they change as a result of selecting a different alternative. Management has some control over these costs. These costs are associated with the decision.
Ex. Incremental costs (out-of-pocket/additional), Opportunity costs & other controllable costs.
Irrelevant costs - can't be changed, all in the past
I took BEC on 12/8, failed with 71, lot of calculation questions which delayed me getting to written portion, I used CPA Excel and none of the questions on actual exam were even remotely close to previous exam questions. Will take again at the end of February I only have two tries to pass this exam and I want to take my time so I get it right this time. I am still trying to figure out scoring math, I scored below other candidates in planning and written only still I failed while I was stronger on corporate governance and Economic and on par with others. Also if I see three or four questions on IT how does that weight transfers to 15% to 19% of the exam, I think there is secret negative curve and certain passing candidate number once that is reached everyone else fails and it changes with each testing and reporting period, that is why AICPA is not very forthcoming with scores and how they are calculated and weight assigned.
I rescheduled for 1/19. :-(
I'm still not feeling comfortably confident and this week at work turned to chaos over the weekend.
Prometric wins again!
Edit: Figured it out.
On another note, has anyone taken the exam with the ridiculous new "marker and noteboard" crap?
What market and notepad crap?
Ok, I am re-attacking the CPA exam after a 3 year break... I have Becker again... My question is for those who also have Becker, when you do the multiple choice question homework, do you actually stop and look up the answers to questions as you go and are unsure of them?? Or do you just pick the answer you think is correct and then read the answers to explain what the correct answer is?? Am I over thinking this??
Eeekkkk! I have my test tomorrow and I am getting so nervous. I will be sure to let you know how the no paper goes! I hope 1/2/13 is my lucky day
@ Wendy - Way to go on starting the process again :) Best of luck! Personally, I answer all the questions to the best of my ability, then go through and read question again and all choices and the reason they are wrong or right.
I'm using the Yaeger CPA Review for BEC. Just started the lectures yesterday. Is anyone else using Yaegar to prepare for BEC?
Just scored a 94 on a progress test. For this section, I have pretty much just worked Becker's MC problems. I skipped through the lectures and didn't really read through the book because I learn more effectively from doing questions. We'll see what happens on Saturday.
Any way to prepare for the writing section? I am a good writer, but is it worth reading through the book so I remember key terms to use in my memos?
Good luck! Did you rework the homework problems or just did lots of progress tests? I'm going through and re-doing every homework question for all sections.
I worked most of the questions again, although I skipped out a little on B2 and B3 because there are just so many math problems that take so long - I mostly scanned through them to make sure I understood them.
I'll probably keep doing progress tests and look over my marked Q's one more time before Saturday.
I am now going back and re-working all of the MC questions starting with B1. I took Final Exam 1 this morning and did not do so hot :/ This section has me really worried - I think it's a combination of being burnt out and not having seen a lot of this material since college - and most of it has no relevance to my job experience. I somehow can't seem to reason my way through a lot of the material. I REALLY hope this is the last test I have to take and that I'm not re-taking this in the next window!
Taking BEC tomorrow. Didn't prepare for it like I did for the other exams. Haven't taken the Becker final exams. Didn't even bother to look at any written communication tasks. However, I did go through all the MCQs. I'm just gonna give it my best shot tomorrow, and if I fail, I'll re-take it in April or May. Good luck to everyone still studying!
P.S. To everyone who said the material gets easy after chapter 3...you were right. I reviewed chapters 4 - 6 in one day. I'm hoping that's where most of my questions come from haha...
Good luck all! I am also taking the test today, and I think the final reviews were garbage! I did well on the progress test and on the wiley questions, but not so hot on the Final Exams with Becker. Oh well, fingers crossed and red undies on!
I've finally gotten good at breakeven analysis questions!! Now to try and understand the rest of the material in B1 & B2!!
Trying to grind out the remaining B2 stuff today. I'll be honest I've been unmotivated because I know how many and how long these questions are.
I'll most likely move through B4-B6 very quick and probably reattempt B1-B3 again later on in my review.
This is the end of my review as my exam is Saturday but I've had a REALLY hard time focusing for this exam. I'm just hoping that my effort over the next couple days is enough to get me to a 75!
BV or not to BV
So many MNEOMICS!
I have until Saturday to review and cram for BEC! I'm wondering if I'd be better served reviewing new MCQ (Wiley Test Bank) or questions I've gotten wrong in the past. Any advice would be great!
@sydbogg - I would say it really doesn't matter which questions you review, I would just keep reviewing and working MC questions until you're blue in the face! I know a lot of people that just kept working and working questions to pass this exam. Good luck on Saturday!
Just got back from BEC. Kinda disappointed in my performance. I'll post my experience in the "BEC Exam Experience" thread.
Exam is on Monday. I've been studying for this exam forever as this is my 3rd time taking it and I just took it in October. I'm just planning on working all the Wiley multiple choice questions and reading over my Ninja notes. Any other suggestions?
Planning on taking BEC Feb 1st... I've taken BEC twice and failed soooo I'm hoping that third time is a charm :-) ... Wish me luck!!!!!
Goodluck to everyone taking the test soon!!
@FearTheBeard I'm sure you did fine based off your other 3 exam scores so keep your head up. I just read your experience post..
You kind of got me worried now since I am focusing a lot more on all the calculations and formulas. You don't think Becker prepped you well enough for this? and what do you mean on the writing section which one wouldnt count, only 2/3 of the writing portion counts?
No, I was saying Becker overprepared me for certain things and not other things. There was a lot of material I studied from chapters 1 - 3 (and even chapter 5) that wasn't on the exam. I spent almost a week reviewing those chapters, not to mention hundreds of questions. Anyway, I'm probably thinking about it too much, and I don't want to violate AICPA disclosure rules. Just prepare as much as you can, for everything. But don't be disappointed if 5% of what you study actually appears on the exam.
There are three tasks in the writing section. One of them doesn't count. It's similar to the simulations for FAR, AUD, and REG - one of them is a pre-test question and doesn't count in your grade. What I did was pick the strangest task, the one I thought was most likely to be a pre-test question, and gave it minimal effort. Like I said before, it was probably a stupid move, but it's over now. I'll find out in a month if that was the correct move...
About Bond Yields:
Is the yield to maturity always greater than the current yield? And is the current yield always greater than the coupon rate?
Halfway done with the book again.. finished B3 review today.
I'm not sure what it is about BEC but I am feeling REALLY burnt out. I track my hours and I've put in about 60 so far. For FAR i did close to 180 and I wasn't really burnt out more just annoyed.
11 days to go..
I'm feeling very burnt out as well! 3 more days. Time to finish strong!
Give it all you've got, you're almost there.I'm really impressed with your re-take scores. What did you do in the second round? I'm feeling the pain re-studying for BEC (70) but grasping things better. Thanks.
I've used CPAExcel from the get-go. The second time around, I just did everything I did the first time but better. I read the book and did the corresponding MCQs. And when it came down to a week before the exam went back through and skimmed the bok and redid all the MCQs. I wasn't so lucky when I retook BEC, but I also wasn't mentally prepared to take that exam. This time for BEC I did add Jeff's 10-point combo which has seemed to help. I used the Wiley questions in addition to my CPAExcel questions and read through his note page often which has seemed to help the concepts sink in.
For you Becker folks, are you all doing the "optional questions"? I was planning on doing the B3 ones, but theres 120 of them. Ive already done the 200 regular ones 2-3x over and feel really comfortable with this section.
I think id rather save the 1.5 hours and just review the next section. Is it bad to skip these over though?
I/T is a bunch of non-sense.
Every subsection has like 15 subsections. 500 different job titles all are similar but at the same time different.
I am new here. I am studying from Wiley's book and MCQ. Woul you guys recommend anything to add to that? Ninja notes perhaps?
I am using Wiley too. I would add NINJA flashcards! I love mine. I take BEC tomorrow! I got a 74 in Nov.... didn't have the flashcards then. Hoping they help me here like they did for REG
Really burnt out so I'm taking it easy tonight.
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