[jeff]

@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

[taxgeek83]

@Casa – yay for another Yaeger folk! I'm just hoping I can get through the lectures this time – Cindy's FAR lectures drove me up a wall, and I finally had to give it up and just hammer out the MCQs. Not the most efficient way of studying, but those lectures were just not cutting it for me. Really really hope these ones are better….

[Anonymous]

Don't worry…she doesn't drop her pen as much in these videos…haha 😉

[Anonymous]

@casa I'm going with A

[jrosen92770]

I see a passing group forming “up in here”.

BEC - 5/26/2013 75
REG - 8/31/2013 82
AUD - 11/24/2013 74, 2/9/2014 92
FAR - 5/25/2014 85

NY CPA

[Anonymous]

Fingers Crossed @JRo!

[zumbasweety]

@Happen4reason-I am using the Ninja MCQ. I just started yesterday and got through corporate governance last night. I plan to start section 2 today on my lunch break. I am going to go through a section per day to get through all of the stuff once, and then start going through them again by adding a section every couple of days to keep it all fresh. I used WTB my first go-round and felt very prepared for the exam. I just rushed through the MCQ and don't feel like I read the questions properly. I will take my time next go-round! I also got a 71. Bummer, huh. We'll get it this next time! Good luck!

FAR 82
REG 76
BEC 71, 78 (There is a light!!!)
AUD 69, 83 (DONE!!!!)

[Anonymous]

Amanda, SOX requires majority of board to be independent and requires audit committee to be independent but it does not require the compensation committee to be independent.

[Anonymous]

Hmm is it B? For some reason, I don't remember the compensation committee being covered in B1- are you using Becker? If so, do you remember which section this is covered in?

[Anonymous]

Yaeger – B is correct

[Geech]

I am so happy to see wee have a team of retakers of BEC. I have Beckers. Do you think I should buy theYaegers also? I plank buying ninja MCQ

FAR: Passed
AUD: Passed
REG: Passed
BEC: Passed

[Anonymous]

Look at the definition of compensation committee. It might be included there.

[Anonymous]

Alright. Test officially scheduled!!!!!!!

[Anonymous]

@Casa… good luck… BEC is challenging if you dont know/understand all the formulas… specially the variance analysis.

Variance analysis/ NPV/ IRR/Residual Value vs EVA were my one of my favorite.Good Luck

My journey was 1 year and 2 months but it felt like an eternity

FAR: PASSED

AUD: PASSED

REG: PASSED

BEC: PASSED – took it on 05-29-14 :O)

[Anonymous]

151 questions done so far 😉

[Peterman25]

@Happen4Reason

I have Roger and the full NINJA program. The NINJA MCQ are a lot tougher than Roger's MCQ. I can routinely score 90% over 30 questions on the Roger MCQ and am stuck at 65% over 30 questions on the NINJA MCQ. I feel like the NINJA material is 90% different than Roger and I am studying for 2 different tests. It has me guessing which material will be more relevant and best prepare me for the test. Even the NINJA BEC book appears to be a lot longer and cover more material. My hope is to read (skim?) through that book too and take notes here and there if I feel it necessary.

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

AZ license - Official 8/20/2015

[Author]

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