How do you score yourself on Becker Sims when you only have the book?

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  • #194202
    MO
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    Becker Question –

    When you have a SIM that has 5 components and you answer one part incorrectly, would you get zero points or would you get points for what you got right? The question in particular I’m working on asks for the following:

    1. Compute the carrying amount of each security at December 31, Year 2.

    2. Computer the amount of recognized gain or loss on the income state as a result of marketable securities transactions.

    3. Compute the amount of unrealized gain or loss on the income statement as a result of marketable securities transactions.

    4. Compute the amount of unrealized gain or loss in other comprehensive income as a result of marketable securities transactions for Year1.

    5. Compute the ending balance for accumulated other comprehensive income for Year 2.

    I missed on and not sure how to gauge my performance.

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