BEC Study Group 2019

This topic contains 162 replies, has 66 voices, and was last updated by  Eric 2 days, 10 hours ago.

Viewing 13 posts - 151 through 163 (of 163 total)
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  • #2403522

    traceylynn089
    Participant

    LL I am also waiting on the 5/23/19 score release. I am freaking out a little as this was my final exam. BEC is the only thing in my way of having a life again! I actually felt well prepared going into this one and it kicked me in the butt. It was heavy on calculations right off the bat. The Sims were not overly complicated but were very long and had many components and by that time I was already running behind schedule. I was working until the very last second! To anyone taking the exam soon, be comfortable with your calculations and budget your time. It could have been luck of the draw for me. FAR was the only other exam I ran into time issues.

    AUD - 91
    BEC - NINJA in Training
    FAR - 88
    REG - 88
    Tracey
    #2404203
    LL
    LL
    Participant

    @Traceylynn089 I feel you. I felt prepared as well until I saw the MCQs. I don't think I did well on them. Sims are all doable in my opinion. BEC is also my last section. Hope we all can pass and get the life back!

    AUD - 76
    BEC - 76
    FAR - 79
    REG - 80
    I am DONE!
    #2404245

    nat
    Participant

    @Traceylynn089 @ll what study material did you use that when you got to the actual exam the MCQ “kicked your butts” I'm using Becker and the MCQ in Becker are seriously kicking my butt.

    Nat
    #2404731

    BF98
    Participant

    What are people's thoughts on Gleim I decided to purchase the BEC section and commit to working on one study unit per evening and anything I have doubts on I can put on a list of questions I can post on here at the end of the week. I work FT so I'm rather tired by the time I get home from work.

    #2405523

    traceylynn089
    Participant

    @nat, I have Wiley for study material. I was trending very well on their MCQ and Ok on the test exams (I always scored significantly higher on the real exam that the tests so I wasn’t overly worried). I think I did about 65% of all of the MCQ questions and I worked every single task based problem until I had them down. On the exam it wasn’t even so much the question difficulty, but their size. I think I had 5-7 heavy calculation problems in the first 10 questions and that threw me off for the entire exam. Be sure to know COSO well as many MCQ revolved around that. There were really only a couple questions that I thought were completely unexpected. Overall I thought the mix of MCQ questions were more heavy on the calculation side on than Wiley’s test exams. If Becker’s MCQ’s are kicking your butt, I would definitely focus on getting them down. Just a random tip that helped me a little-I don’t know if Becker handles the written component questions but I printed all of Wiley’s and read through them. That was like a summarized version of the study materials. I feel it helped me in studying not only how to write the essays but I picked up some things for MCQ also.

    AUD - 91
    BEC - NINJA in Training
    FAR - 88
    REG - 88
    Tracey
    #2406663

    Terre Paul
    Participant

    To everyone that's waiting on the may 23rd score release, keep believing. we have 1 week to ago. especially those of whom a passing BEC score would signify the end like myself: Rest in the work you put in and the Grace that only God can pour out! In the meantime, how are your holding up?

    AUD - 86
    BEC - 81
    FAR - 81
    REG - 77
    The race is not given to the swift or strong, but to him that perseveres to the end.
    #2408001

    Rach
    Participant

    I take BEC tomorrow – not feeling so great about it. I keep missing the small stuff on questions and am having a really hard time with calculations. I didn't spend as much time on Operations Management as I should have, but at this point I'm just trying to review the stuff I know. I've passed BEC before, but it's been almost 2 years and it just feels like so much more information. Good luck to everyone taking it soon! I just want to be DONE!!

    BEC: PASS (credit expired), Retake May 2019

    AUD: PASS

    REG: PASS

    FAR: PASS

    #2411820
    CPALady18
    CPALady18
    Participant

    There are multiple questions similar to this and I understand how they get the total answer, but I can't see to figure out how they are calculating the interest rate in days below. That's the only part I am stuck on. Can someone help?

    Maturity in euros = 100,000

    5% interest for 90 days = 1.0125

    Discounted proceeds = 98,765

    Exchange rate per euro = $ 1.25

    Dollar yield = $ 123,456

    #2412312

    BF98
    Participant

    How are you getting a question that involves Euros on a CPA exam

    #2412402
    CPALady18
    CPALady18
    Participant

    @bf98 This is under the Financial Risk Management Section of BEC where it talks about Foreign Currency Option Hedges. I think in this question the maturity value is the amount owed on a payable in euros.

    #2423544

    mcast126
    Participant

    Took BEC yesterday. My second testlet was easier :(… Writing part was okay. Don't know what to expect.

    #2423556

    mcast126
    Participant

    It is also my last test! I need to pass!!!

    #2423661

    Eric
    Participant

    Hello,

    New here. Just signed up for BEC Aug 31, 2019. Will be my first section. Ant hot tips or suggestions appreciated. Using WileyExcel.

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