Guessing Strategies

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  • #175015
    William_777
    Member

    When you have to guess – any ideas on how to best guess?

    wm

Viewing 14 replies - 1 through 14 (of 14 total)
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  • #385283
    LSNYC
    Member

    If I have NO idea I read the answers and see which one of the 4 isn't like the others and pick that one. If that doesn't work I go with C.

    A - 61, 91!!
    B - 78!
    F - 76!!!
    R - 71, 73, 74, 69, 77!!!!

    Finally done!

    This is my 2nd attempt at the exam, I had two parts passed (failed many) and I stupidly quit, big mistake. Now I'm back and with a vengeance!

    #385284
    William_777
    Member

    This may sound ridiculous, but I think B is more likely to be the right answer. C is second. I'm sitting here looking up the Becker MC Questions, and the most popular order seems to be B, C, D, A.

    I also tend to think there is a difference between making a random guess (just choosing a letter) vs making an educated guess (trying to guess which way the theory would most likely point, such as in a liberal vs conservative valuation of a number one can only guesstimate.

    #385285
    Anonymous
    Inactive

    IMHO this is the best way…..

    FAR is especially tricky because it is as if they can anticipate the way that candidates will think. For instance, if it is a question on depreciation they can anticipate that a candidate might mix up Sum of Year Digits and DDB. So you can be sure that they will supply you with the SYD answer if they are asking for DDB and vice versa.

    I find that by quickly trying to find an answer that would be correct for straight line depreciation, you can eliminate that answer. Then you can figure out the other answers based on what other options are there. If you have time you can figure out which method each of the answers is, which should help.

    Also, if you are unsure of which answer is correct but know how to do a calculation, you can back from the answers given to determine what the numerator would be. For instance on basic EPS if you aren't sure what goes into the numerator, you can multiply each mc answer by the denominator and figure out which numerator each answer represents. That might help you figure out what is included in each numerator.

    I also find on FAR that most answers are not simple….they don't give you cost, salvage value and life and ask straight line depreciation. Usually there's a twist so if an answer is very simple, often it is wrong.

    Good luck

    #385286
    Anonymous
    Inactive

    c or the longest answer.

    #385287
    Roxwella
    Member

    From my current seat, about to head into far exam tomorrow morning, Ive found consistently that if I don't know the answer, usually (not always) the most complicated answer is the correct answer. Meaning if you don't know the answer and it goes a.500 b.5000 c.600 d.332, Id pick D.

    “Guessing” strategies, should be a bigger part of CPA exam prep in my opinion ;)..hey Jeff…add to the notes!

    #385288
    William_777
    Member

    Very cool answer, CPApending. 🙂

    As a sort of side exercise, I'm trying to figure out if there's some sort of guessing strategy similar in the testing process, similar to counting cards in gambling.

    Aside from the bluffing in Game Theory, which may or may not be applicable to some questions which may be posed to distract you, I don't know what theories gamblers use to calculate their odds. It has to be something to do with stats.

    But all the guessing strategies I've seen so far do not necessarily suggest anything which would make a material difference.

    At any rate, it's an interesting question, if you like math or thinking in terms of chaos.

    wm

    #385289
    Anonymous
    Inactive

    Roxwella,

    I would STRONGLY caution you to rethink your method there. The reason being that I found that most of the test questions ended up with rounded numbers like 40,000 or 45,000. In Wiley those odd answers were almost always incorrect.

    The reason I say to reconsider, is that I was using your philosophy in my final review on Wiley and was getting them all wrong.

    Just my two cents.

    #385290
    William_777
    Member

    Here's something I figured out a long time ago which might help out, Roxwella, et al…

    If you think about it, every MC question can basically be broken down into a T/F question. Only one of the four answers will be True in terms of the question and its givens.

    This implies a few things.

    First, statistically, we are almost automatically given 25%. These odds improve as we eliminate the false answers in the following manner:


    * If we have no clue which of the four answers is true, we stand a 25% shot of answering correctly.

    * If we can eliminate one as false, so that we have three possibilities to choose from, then we stand a 33% chance.

    * If we can eliminate two as false, then we only have two to choose from, so we stand a 50% shot of getting it right.

    * If we can eliminate three as false, or we absolutely know which one is true, then we have 100% chance of getting it right.


    I think the interesting thing about this is the mindset one experiences while testing.

    Knowing is actually an inverse relationship to the question.

    The less one knows the more possibilities may seem possible, but, actually, the more one knows the fewer answers are possible.

    And, if fact, only one will be truly possible, which is the true answer. So I'd try to fight confusion. Go with what you feel most comfortable in knowing. Trust your gut. You want to exist in a state of truth, and feel good about it.

    Each question seems to carry a sort of “weight” to express it's intention. Try to follow the direction of that weight in keeping with what you think is true, so you can keep up a momentum overall.

    If you are working in a state of ignorance, where you just have to pick an answer, I do sense the letters are weighted, but they are highly unpredictable. Try to work more off guessing what the theory would indicate as true, and what you would be willing to defend as correct, if challenged.

    Does that help?

    #385291
    Da Bears
    Member

    Any answer say ALL or something to that extent is usually wrong.

    FAR- 8/14/12 91
    AUD- 10/16/12 88
    BEC- 11/07/12 92
    REG- 01/05/13 86
    NIU CPA Review

    #385292
    Roxwella
    Member

    Don't worry about me CPApending.. so far at least.. I haven't encountered a problem on test day that I had absolutely no idea how to do, guessing on test day makes me crazy. Maybe my comment is misguided and I haven't really counted the even answers vs the seemingly odd answers (# wise). When I study I work backwards, from day one. I work MCQ constantly and use that as my teacher. In the beginning I guess A LOT. Like every answer is a guess. This time around, guessing my way through FAR for the first 500 questions, it seemed like the non-even one was my go to.

    #385293
    jeff
    Keymaster

    Based on a sample I once did … B and C were the most-often correct answers (30% each) and A and D were 20% each.

    fwtw…

    AUD - 79
    BEC - 80
    FAR - 76
    REG - 92
    Jeff Elliott, CPA (KS)
    NINJA CPA | NINJA CMA | NINJA CPE | Another71
    #385294
    pkd1982
    Member

    Process of elimination and reasoning for non-calculation questions. Reasonableness for calculation questions where I can't remember a formula or whatever.

    One thing that I think served me well for questions related to taxation is that the government generally wants its taxes, so I couldn't figure out some tax question I'd choose the answer that left the individual or corporation with the least money/highest taxes.

    REG: Pass
    BEC: Pass
    AUD: Pass
    FAR: August 2013

    #385295
    Anonymous
    Inactive

    I have heard over and over that B and C were most popular not only in CPA exam answers but other tests as well. Also, if you don't know and can narrow it down to B and C then picking one before hand will increase your odds slightly over just switching back and forth between B and C or random. That being said, I always double check if I feel like I am getting on a B and C run of answers OR if the absolutely correct answer is truly A or D….

    #385296
    Almost Done
    Member

    I never choose the highest or lowest numbers available, regardless of the A,B,C,D letter designations.

    BEC: Passed
    REG: Passed
    FAR: Passed
    AUD: Passed

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