well what you guys said brought me a lot of relief..until i opened the aicpa sample questions from becker's website. maybe i was tired from studying 4-5 hours at work, but the questions seemed a tad more difficult than the questions i encountered in becker.
1 question in particular combined 2 separate concepts involving the relationship between inflationary periods/FIFO and asked how it would decrease inventory turnover. so you'd have to know the relationship between FIFO/COGS/EI in periods of increasing prices, as well as knowing that inventory turnover = COGS/average inventory.
i mean, if i had 10 hours to take FAR, this problem won't be difficult, but with 90 MC's with a time constraint of about 1min30secs for each MCQ, i could see myself easily taking at least 5 minutes to get this problem right.
FAR - Feb 2012
AUD - May 2012
REG - TBD 2012
BEC - TBD 2012
Becker 2011+2012; NINJA 2011 review notes