[Q3] BEC Study Group 2014 - Page 16

  • Creator
    Topic
  • May 14, 2014 at 3:33 pm #185552
    jeff
    Keymaster

    @h0wdyus

    Incorrect

    The answer is B. Comparable sales.

    “The use of comparable sales is not an income approach to valuation of a business, it is a market approach. Under the comparable sales approach, the value of a business is determined by comparing it to other entities with comparable characteristics for which the value is more readily determinable.”

    This was a tricky one

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
Viewing 15 replies - 226 through 240 (of 2,289 total)
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  • June 18, 2014 at 10:13 pm #593839
    Anonymous
    Inactive

    @Casa

    The first time I prepared only use Becker, got about 70% ave. in all the topics. The questions were much easier than my second try. On my second try, I added Wiley, and scored ave. 90% and 85% in Becker and Wiley respectively. But the questions I got on the second round just came from no where. I believe you guys understand what I am talking about. Btw, I finished every question in Becker and Wiley.

    My question now is what should I do for my third try?

    June 18, 2014 at 10:26 pm #593840
    Anonymous
    Inactive

    I can't tell you whether this will be successful or not but Ninja MCQ seems worth it for only $40.

    June 18, 2014 at 10:39 pm #593841
    Anonymous
    Inactive

    @Casa

    I did 100 questions so far Ninja, it seems to me that Wiley questions are more similar to the actual exam

    correct me if you think different……..

    June 18, 2014 at 10:49 pm #593842
    Anonymous
    Inactive

    I didn't do Ninja the first time I took BEC. I will let you know afterwards. What I have noticed just doing them is that the questions are super difficult…some seem way out in left field.

    June 18, 2014 at 10:57 pm #593843
    Anonymous
    Inactive

    @Casa

    I know I am thinking of switching back to Wiley…only 2 weeks left! ughhhh

    June 18, 2014 at 11:06 pm #593844
    Anonymous
    Inactive

    @Casa

    I have already purchased Ninja. My last hope!

    June 18, 2014 at 11:23 pm #593845
    jeff
    Keymaster

    ha – well, people have said that NINJA is more like the real exam in other threads šŸ™‚

    The questions are licensed from the AICPA, so better to get left-field ones now than later, I hope.

    If the questions are hard – keep fighting – and learning.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    June 18, 2014 at 11:57 pm #593846
    Anonymous
    Inactive

    @Jeff

    I think you are right! I will keep doing Ninja!!!

    June 19, 2014 at 12:07 am #593847
    Anonymous
    Inactive

    I'm using both to broaden my learning. Definitely not dropping Ninja. Hopefully this will put me over the hump. Jeff, I am all for whatever it takes to prepare me for the test. Left field or not. The questions being harder is not really a complaint, it's just interesting that I've scored ~10% lower in Ninja. I'm sure this has been suggested but would it be possible to add a pause button so that we can come back to our quizzes? Also, ability to manage sessions would be awesome. Besides that, love the new system.

    June 19, 2014 at 12:18 am #593848
    stoleway
    Participant

    NPJRU….

    Dont stress out, I believe ur a native American? If so, you will do well.

    We used the British syllable and the British way of constructing sentences in Africa and it looks different from how essays are composed in this country.

    You got this…I.know my weakness and I just need to tweak my writing skills a lil bit.

    REG -63ā”‚ 84!!
    BEC- 59ā”‚70ā”‚ 71 ā”‚78!
    AUD- 75!
    FAR- 87!

    Mass-CPA

    June 19, 2014 at 12:25 am #593849
    jeff
    Keymaster

    A pause button would be cool, but it can't be added at this point, unfortunately.

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    June 19, 2014 at 1:43 am #593850
    Mamabear
    Member

    @casagarber–I have had to exit a few quiz sessions and it doesn't count the ones you didn't get to against you. They just go back into your “Not seen yet” pile to be quizzed on later.

    CPA Exam - Finally DONE (November 2014)
    BEC (08/10/13) 80
    AUD (08/24/13) 65 (11/13/13) 85
    FAR (04/12/14) 81
    REG (07/19/14) 69 (11/29/14) 87!!

    June 19, 2014 at 2:11 am #593851
    NJPRU
    Member

    Thanks for the vote of confidence Stoleway. If you don't mind me asking, where are you originally from? Do you live in the United States now?

    AUD: DONE
    FAR: DONE
    BEC: DONE
    REG: DONE

    IM GOING TO BE A CPA!!!!!

    June 19, 2014 at 3:02 am #593852
    Anonymous
    Inactive

    Pop question:

    What's the main advantage of NPV over IRR?

    June 19, 2014 at 3:35 am #593853
    Peterman25
    Participant

    What's the main advantage of NPV over IRR?

    I'm going to go completely by memory and not look anything up…

    Is it because it looks at cash flows beyond what gets you back to $0?

    BEC 7/14 - PASS
    FAR 10/14 - PASS
    AUD 1/15 - PASS
    REG 4/15 - PASS

    AZ license - Official 8/20/2015

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