BEC Study Group Q1 2015 - Page 8

Viewing 15 replies - 106 through 120 (of 1,073 total)
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  • #655178
    Future Ninja
    Participant

    @Blackhawks32 did you knows routine were my mistakes in hammering MCQs. I felt like I might share it to the group since I do not have family member who can understand what I'm going through. Unless, I talk to myself in front of a mirror, kind of insane. ^_^. When I posted them here, I remember them easily.

    AUD - 79 (expired) retaking July 28,2016
    FAR - 76 expiring July 31, 2016
    BEC - 85
    REG - 74,74,74,74,59,70,

    #655179
    CPA2B_NJ
    Member

    I just received the NTS for BEC and I wasn't able to schedule anything sooner than Feb, I wanted to retake it the first week of Jan. I dislike the idea of pushing my retake for 2 months. Have you guys experienced that spots open up later on? Should I keep checking ProMetric?

    [edited] I just tried again and I was able to change it to 01/08/2015!

    FAR - 50, 78
    BEC - 67, 72, 75
    AUD - 72, 80
    REG - 70, 85

    To God be the glory! Forever, amen!

    NJ License

    #655180
    CPA2B_NJ
    Member

    @Future Ninja – That's a good way to keep reminding of nuggets that help during exam.

    FAR - 50, 78
    BEC - 67, 72, 75
    AUD - 72, 80
    REG - 70, 85

    To God be the glory! Forever, amen!

    NJ License

    #655181
    spring14-
    Member

    I just got my BEC score and I passed with a 77. I thought I would fail and started to study for it again. Fortunately I can move on to my next exam now. Though my score is low but I thought I could give some helpful tips. I used Becker home study. I watched 80% of all lecture once and did 75% of all required home work. As you can see I did not finish the home work completely. I studied for probably 40 days. I work full time and only studied during lunch hour and in the morning before work. My weakness were cost accounting and finance. Unfortunately I did not spend enough time on finance but I did finish every problem in cost accounting portion. Definitely spend a lot of time on the first chapter of Becker book. First four chapter weigh probably more than sixty percent of the exam if not more. I was naturally good in Economics, so I did not spend much time on it. I think I got at least 10 wrong or had to guess. I left enough time to write the MEMOs. Don't just rely on MCQ. When you get close to passing score, your WC portion get reviewed by a human. That gives you a chance to pass if your score is close to passing score.Try to understand the concept. Focus on the quality of the education rather than quantity. It is very important to do more multiple choice questions but do remember you have to understand the concept. It took me forever to get thru cost accounting problems but it was worth the time. Leave enough time to review everything you studied. I was slacking and did not leave enough time to review. Only had two days to review. Make sure to go thru as much as you can go thru in your review.

    #655182
    Anonymous
    Inactive

    @Blackhawks — I use CPAExcel so they break it down into 5 buckets in this order from beginning to end — COSO, econ, finance, IT, cost

    I'm in the last section (cost) and it's all coming back to me from graduate cost I took with this psycho professor I had. It's amazing what the mind remembers when formulas are buried in it to oblivion. I, like many on this site, am very ritualistic with my study habits so my process is:

    1) Do chapter 1- move onto 2nd chapter – go back and review chapter 1. It's like a cha cha cha dance study method. Periodically reviewing to hammer in the concepts.

    2) After I finish all the material of going through each chapter and respective MCQ I go down the line and only read text for all chapters.

    3) Do a random set of CPAExcel MCQs for my weaker areas.

    4) Same as #3 but for ALL chapters

    5) Purchase Ninja TB for new questions to really test my knowledge

    6) Hammer Ninja MCQs til test day

    #655183
    Anonymous
    Inactive

    This is survival of the fittest! Let's rock this test right out of the gate in 2015! I'm gonna fight until I die or win! Biting the dust will just make me angrier wait, Let me remind you of what got me this far, so picture me quitting now draw a circle around it and put a line through it chump! ………..Mostly edited Eminem references, But lets get it! BEC, WE WILL MEET AGAIN IN BATTLE ON 1/5/2015! THIS TIME I AM COMING OUT ON TOP!

    #655184
    silliepanda
    Member

    @DreamChaser – what study program are you using? And any tips?? Need to find a different way to study since I have been struggling with this section.

    BEC - TOO MANY FAILS TO LIST! July 2015 I WILL GET IT!
    AUD - AUG 2015- NEVER PASSED!
    FAR - LOST CREDIT
    REG - PASSED

    #655185
    Anonymous
    Inactive

    I am pulling out the big guns from now on…. I am now using Ninja review, Becker books for reference (since my purchase is going to expire this month), and cpaforfree.com. I am tired of this test so I want to get it done! I want to be a dang CPA! I am now studying in the mornings before work, at lunch break at my desk, and 3 hours after work 6 days a week. It took me 3 tries to pass REG and I want to knock the rest of these tests out and get on with my plan!

    #655186
    Anonymous
    Inactive

    Here's an example of a Becker question that I HATE!

    Lynn Manufacturing Co. prepares income statements using both standard absorption and standard variable costing methods. For Year 2, unit standard costs were unchanged from Year 1. In Year 2, the only beginning and ending inventories were finished goods of 5,000 units. How would Lynn's ratios using aborption costing compare with those using variable costing?

    Current Ration Return on Stockholders' equity

    A. Greater Smaller

    B. Same Smaller

    C. Same Same

    D. Greater Same

    So of course the Answer is D. Right? No it's not. Despite everything the question does to lead you to believe they are talking about Year 2, that has nothing to do with it and they give an overly complicated explanation as to why A. is the correct answer…

    Choice “a” is correct. blah blah blah, here's the good stuff. Since inventory balances did not change, both methods would result in the same net income for the current year. However, this would not have been the case in every prior year.

    WTF? If you wanted to know about prior years, SAY SOMETHING ABOUT PRIOR YEARS!

    #655187
    silliepanda
    Member

    I used to have the drive to study in the morning and at night. During lunch is simply impossible for me because I never really take a lunch. I am trying to focus on multiple choice questions since I lose my mind with videos. Goodluck! Hopefully we both get through this ASAP!!!!!

    BEC - TOO MANY FAILS TO LIST! July 2015 I WILL GET IT!
    AUD - AUG 2015- NEVER PASSED!
    FAR - LOST CREDIT
    REG - PASSED

    #655188
    Future Ninja
    Participant

    quizzes anyone?

    AUD - 79 (expired) retaking July 28,2016
    FAR - 76 expiring July 31, 2016
    BEC - 85
    REG - 74,74,74,74,59,70,

    #655189
    Future Ninja
    Participant

    Within the COSO Internal Control—Integrated Framework, which of the following components is designed to ensure that internal controls continue to operate effectively?

    A.

    Control environment

    B.

    Risk assessment

    C.

    Information and communication

    D.

    Monitoring

    AUD - 79 (expired) retaking July 28,2016
    FAR - 76 expiring July 31, 2016
    BEC - 85
    REG - 74,74,74,74,59,70,

    #655190
    Future Ninja
    Participant

    According to COSO, an effective approach to monitoring internal control involves each of the following steps, except:

    A.

    establishing a foundation for monitoring.

    B.

    increasing the reliability of financial reporting and compliance with applicable laws and regulations.

    C.

    designing and executing monitoring procedures that are prioritized based on risks to achieve organizational objectives.

    D.

    assessing and reporting the results, including following up on corrective action where necessary.

    AUD - 79 (expired) retaking July 28,2016
    FAR - 76 expiring July 31, 2016
    BEC - 85
    REG - 74,74,74,74,59,70,

    #655191
    Future Ninja
    Participant

    where's everyone?

    AUD - 79 (expired) retaking July 28,2016
    FAR - 76 expiring July 31, 2016
    BEC - 85
    REG - 74,74,74,74,59,70,

    #655192
    Tarheelgirl
    Member

    1. D

    2. B

    I'm here just doing quizzes

    FAR - 46, 79 (7/8/14)
    AUD - 56, 59, 2/23/15 3rd times a charm!
    BEC - 69, 74 Really??
    REG - April, I hope. Fingers crossed!

Viewing 15 replies - 106 through 120 (of 1,073 total)
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