BEC Study Group Q1 2017

CPA Exam Forum BEC BEC Review BEC Study Group Q1 2017

This topic contains 813 replies, has 143 voices, and was last updated by  drkarm 1 week, 6 days ago.

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  • #1396521

    Welcome to the Q1 2017 CPA Exam Study Group for BEC. ๐Ÿ™‚


    Free NINJA Notes. HIYA!

     

    #1396704

    Pharaoh
    Participant

    Hello All, just started studying BEC and hoping to finish both BEC and REG before April 2017. Study hard everyone and good luck ๐Ÿ™‚


    Roger & Ninja MCQ

    One more to go

    AUD - 93
    BEC - 79
    FAR - 84
    REG - NINJA in Training
    #1396745

    KaliKingz
    Participant

    BEC is the last test I need to finish. I’ve gotten a few 74s on this test before.
    I only have two more shots at this test before FAR expires. Hoping i don’t need the second try.


    Even when winning is illogical, losing still far form optional.
    -T.I.
    AUD - 81
    BEC - 81
    FAR - 86
    REG - 90
    #1396763
    Nathalia
    Nathalia
    Participant

    Im taking BEC January 21. Hopefully I pass so that I can then focus on finally mastering FAR and then be done with this monster.

    This will be my first time taking the exam.

    What is everyone using to study? I’m using Becker self study, ninja audio and notes.


    AUD: 74, 75

    BEC:ย 81

    FAR: 64, 66, 76

    REG: 84

    #1396878

    QueenCPA
    Participant

    Hello Everyone,

    I am taking my first exam, BEC, during the second week of January and have been using Becker plus Ninja MCQ’s.

    This is a great forum and have learned alot by reading previous posts and people’s strategies.

    However, Is there anyone who used the same combination (Becker + Ninja MCQ) and can you possibly provide me with any advice on how to maximize my chances.

    Thank you

    BEC- Ninja in training
    AUD- Ninja in training
    REG- Ninja in training
    AUD- Ninja in training


    BEC - Passed

    REG - Passed

    AUD - Up Next

    FAR- FAR away

    #1396994

    anyatver
    Participant

    Nathalia-this is my exam date too! I am using Becker and Ninja MCQ.


    Hoping for the best and preparing for the worst!
    AUD - NINJA in Training
    BEC - 82
    FAR - NINJA in Training
    REG - NINJA in Training
    #1397031

    Khammany06
    Participant

    Hi everyone,

    This will be my second attempt and hopefully last exam. I ended up making a 72 during the 4th quarter testing window and FAR will be expiring 2/28/17. My Becker study materials have also expired, was wondering if I should stick to Becker or go with something else? I study really well by watching the lectures, reading the chapters, and then doing the homework.


    "Strength and growth come only through continuous effort and struggle"
    AUD - 79
    BEC - 72
    FAR - 84
    REG - 86
    #1397081

    CPYay
    Participant

    Hi fellow BECers. I test Jan. 13. I started studying a couple weeks ago, finshed the Roger videos, and am about 300 MCQs deep in Ninja MCQ (avg 73% and trending 77%).

    I’m struggling on section 3 of Ninja MCQ (Financial Management). Feel free to ask questions on that section. Teaching/explaining helps me learn!

    Let’s keep this thread alive and help each other destroy this test. I want to be a CPA in 2017!


    Roger/Ninja MCQs all day erryday
    AUD - 92
    BEC - 84
    FAR - 89
    REG - 84
    #1397138
    Abdulmajid
    Abdulmajid
    Participant

    Hi there,,,

    Let me share with you my suffering with my first section in my CPA jurney

    I have sat for my first CPA exam on 20 April 2016, it was BEC section and I scored 33,
    Then I have retaken the exam on 5 July and the score decreased to 24!

    On 1st November, was my last and third attempt! unfortunately scored (65)! I am literally angry now !!

    Anyway, my target now became to pass BEC and REG before the new version in next April,

    My plan is to take BEC on 3 January and REG on 9 March,

    Although I often failed with very low marks and always feel that I am hopeless, but I donโ€™t want to give up.
    So my next exam going to be after two weeks ( January 3rd )

    I am using Roger and Ninja MCQs this time

    GOOD LUCK ALL!


    BEC - (33, 24, 65, 65) !!
    If the plan doesnโ€™t work, change the plan, but never the goal
    AUD - 03/07/17
    REG -
    FAR -
    #1397168

    Pharaoh
    Participant

    Yes. Let’s keep it alive. I am still in early stage (watching lectures), I will be here for sure when I start hitting questions.

    @CPYay- Do you go through the IPQ before Ninja?

    @queencpa – Do whatever works best for you. Some people like to watch lectures, some don’t, some understand better when they take notes, some don’t. For me I started with Becker, didn’t like it, tried Gleim, didn’t click until I came across Roger and it was there it is, this is what works for “me”


    Roger & Ninja MCQ

    One more to go

    AUD - 93
    BEC - 79
    FAR - 84
    REG - NINJA in Training
    #1397186

    CPYay
    Participant

    @Pharaoh

    I don’t touch the IPQs for the most part. Strictly use Roger for the videos while I follow along with the book and take notes.

    I will go back to the book to understand a topic I need more guidance on. Other than that, Ninja MCQs are what I do once videos are completed. I’ll maybe do a set of 20 IPQs just before my exam to see how I fare against Roger’s (I feel like Ninja is harder).


    Roger/Ninja MCQs all day erryday
    AUD - 92
    BEC - 84
    FAR - 89
    REG - 84
    #1397346

    Jsn3004
    Participant

    Wilson Corporation has a major competitor that produces a product that is a close substitute for Wilson’s good. If the coefficient of crossโ€elasticity of demand for Wilson’s product with respect to the competitor’s product is 2.00 and the competitor decreases its price by 5%, what is the expected effect on demand for Wilson’s product?
    A: A 5% increase in demand.
    B: A 5% decrease in demand.
    C: A 10% increase in demand.
    D: A 10% decrease in demand.

    The answer is D. Can someone please explain why the answer is not B? I made up my own numbers 200/100. I thought if the price (100) decreases 5% then the quantity demanded (200) would have to decrease 5% as well so the elasticity of demand remains at 2.00.


    Experience is simply the name we give our mistakes.
    AUD - NINJA in Training
    BEC - 77
    FAR - 75
    REG - NINJA in Training
    #1397372

    cpaMD86
    Participant

    @jsn3004

    Wilson’s coefficient of 2 is directly correlated to his competitor’s product (substitutes). So, a 5% decrease in price would result in a 10% decrease in demand for Wilson. (2 * .05)


    Be willing to be inconvenienced for your conviction.

    Roger/Ninja MCQ/Ninja Notes

    AUD - 80
    BEC - 80
    FAR - 82
    REG - 79
    #1397559

    rserrao24
    Participant

    Test Date: January 7th

    Finishing up B5 and B6 this week, then non-stop Ninja MCQ until game day. Let’s go to work.


    BEC- 78
    #1397643

    Pharaoh
    Participant

    OUCH!! feel so rusty with numbers after audit. Going through the videos, the formulas seem easy but then going through the questions, I feel like Wooh! I can’t think


    Roger & Ninja MCQ

    One more to go

    AUD - 93
    BEC - 79
    FAR - 84
    REG - NINJA in Training
    #1397718

    Pharaoh
    Participant

    A company produces and sells two products. The first product accounts for 75% of sales and the second product accounts for the remaining 25% of sales. The first product has a selling price of $10 per unit, variable costs of $6 per unit, and allocated fixed costs of $100,000. The second product has a selling price of $25 per unit, variable costs of $13 per unit, and allocated fixed costs of $212,000. At the break-even point, what number of units of the first product will have been sold?

    A-39,000

    B-52,000

    C-25,000

    D-14,625


    Roger & Ninja MCQ

    One more to go

    AUD - 93
    BEC - 79
    FAR - 84
    REG - NINJA in Training
    #1397733

    KaliKingz
    Participant

    A-39,000 units


    Even when winning is illogical, losing still far form optional.
    -T.I.
    AUD - 81
    BEC - 81
    FAR - 86
    REG - 90
    #1397754

    Pharaoh
    Participant

    Correct


    Roger & Ninja MCQ

    One more to go

    AUD - 93
    BEC - 79
    FAR - 84
    REG - NINJA in Training
    #1397867

    my time 2 shine
    Participant

    I made a 64 on the first try at BEC in October 2016 strictly using Gleim. I am trying something different this time around using the NINJA notes to go with Gleim. I am sitting for the exam January 20th. Hopefully this works, but any suggestions using Gleim with NINJA?


    My time 2 shine right now!!!
    AUD - NINJA in Training
    BEC - 64
    FAR - NINJA in Training
    REG - 47
    #1397948
    RyonT
    RyonT
    Participant

    Hey everyone. I’m sitting on 1/23. This is my first attempt with any exam, but I’ve already gotten quite a bit of advice from this forum. I’m using Wiley CPAexcel, Ninja audio, and MCQs. I started studying on 12/3 and I’m about half way through the lessons and so far capital budgeting is kicking my butt (especially NPV and IRR).


    CPAexcel & Ninja audio/MCQ

    BEC 67

    AUD 69

    AUD - 69
    BEC - 67
    FAR - NINJA in Training
    REG - NINJA in Training
    #1398012

    NVCPA57
    Participant

    good luck everyone!

    REG 80
    FAR 73/84
    AUD 76
    BEC 1/7/16

    #1398074
    BEC IS WACC
    BEC IS WACC
    Participant

    Break-even points are all about doing algebra. This problem, in particular, has to do with proportional algebra since there are two products. In other words, change 75% to 3x and change 25% to x. Doing this will make them proportionate, so it will now be 3X(10)+X(25)-3X($6)+X(13)=Fixed Cost(312,000)

    55X-31X=312,000
    X=13,000, but proportionally to break even you need 3(13,000)=39,000


    Don't study to memorize, but study to enjoy and learn the concepts.
    #1398107

    Dog pounder1977
    Participant

    @ BEC-MODE great method but I think you need to adjust your formula a bit at the end and change +X(13) to -X(13) to not confuse others.

    #1398156

    Pharaoh
    Participant

    Thanks @bec-mode, I like it better than the answer in the book


    Roger & Ninja MCQ

    One more to go

    AUD - 93
    BEC - 79
    FAR - 84
    REG - NINJA in Training
    #1398218

    famh110
    Participant

    Hello everyone,

    I just started studying for BEC last week. Trying to test by 1/10.

    Good luck!


    "The difference between a successful person and others is not a lack of strength, not a lack of knowledge, but rather a lack of will." Vince Lombardi
    AUD - NINJA in Training
    BEC - 77
    FAR - NINJA in Training
    REG - NINJA in Training
    #1398420

    Pharaoh
    Participant

    Any tricks to remember those OH Variances?


    Roger & Ninja MCQ

    One more to go

    AUD - 93
    BEC - 79
    FAR - 84
    REG - NINJA in Training
    #1398552

    anyatver
    Participant

    Pharaoh-the stupid Becker mnemonics didn’t work for me, I literally had to draw it out and it works for me to memorize
    basically
    actual q actualQxstandard price standard Qxstandard price
    x
    actual price

    And then draw all those price and efficiency variances-this is the only way I understand. I remember this from my cost accounting classes from last year sadly:) LOL


    Hoping for the best and preparing for the worst!
    AUD - NINJA in Training
    BEC - 82
    FAR - NINJA in Training
    REG - NINJA in Training
    #1398981

    Pharaoh
    Participant

    Thanks @anyatver I had to do the same. I couldn’t find any other way.

    How about that Planning and Risk Management section, lots of small subjects and details and seems like just memorizing all of them! Or this is a section that I will get it when I go through MCQs?


    Roger & Ninja MCQ

    One more to go

    AUD - 93
    BEC - 79
    FAR - 84
    REG - NINJA in Training
    #1399007

    my time 2 shine
    Participant

    Any memorization techniques for the Law of Diminishing Returns vs. Economies of Scales?


    My time 2 shine right now!!!
    AUD - NINJA in Training
    BEC - 64
    FAR - NINJA in Training
    REG - 47
    #1399050

    skyxliner
    Participant

    I’m using Roger CPA course for BEC.

    Does anyone feel like Roger doesn’t prepare you enough for the written exam portion?
    They pretty much only give you a sample essay.

    I almost feel like I would prepare better if there was some study material that list major written topics and the keywords associated with each topic?

    Any recommendation on study material for written section of BEC?

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