Is the Retail Inventory Method Tested?

  • Creator
    Topic
  • #1838122
    Frances
    Participant

    For people who have sat FAR recently, is the retail inventory method tested? Becker did not cover it and I have forgotten how to do it.

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    Waiting for NASBA to process my application.
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    Replies
  • #1838134
    turo9992000
    Participant

    It could be tested. Becker does have some MCQs on it. I would get those wrong in the review phase, and when I saw the required calculations required, I figured that it was not worth it to really learn it. The review courses do not cover everything in their lectures. They only cover what they think is most likely to be on the exam. That's why most people say to hammer MCQs non stop.

    AUD - 64, 80 Passed on 10/09/17

    BEC - 75 Passed on 12/09/17

    FAR - 69, 71, 73, 83 Passed on 06/10/18

    REG - 81 Passed on 09/10/17

    #1838852
    alloverit
    Participant

    We're not allowed to disclose that. As Turo9992000 wrote, it could be tested.

    FAR in particular is an inch deep and a mile wide! No one could even begin to predict which of the more lightly covered items might pop up.

    FAR 81

    AUD 83

    BEC 93

    REG 84

    Ross

    #1841188
    iwantthiscpa
    Participant

    Based on how much it's covered in my study material, it's not that important of a topic. I wouldn't spend that much time on it.

    FAR: 67, 69, 74, 81
    AUD: 72, 74, 78
    REG: 77
    BEC: 70, 77
    #1841221
    Anonymous
    Inactive

    roger covers it. whoever came up with that should be throat punched. I am familiar with it on a high level but not spending time diving into it

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