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February 19, 2012 at 9:30 pm #166627AnonymousInactive
Ok I’m going through the test bank from Wiley for BEC and there seem to be a ton of errors on these problems? Such as it will list numbers but not give you an actual question to answer or the correct answer explanation has labeling and mathematical errors… is anyone else encountering this?!
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March 13, 2012 at 3:03 pm #355268AnonymousInactive
All right if Jeff says it is so, let it be so.
I thought the Wiley user above was punking us. I'll gladly revise if they respond.
March 13, 2012 at 4:56 pm #355269ReneeNCMemberThe Wiley person is very, very helpful – Trust me!
My report:
ECON-0007 (BEC)
An expansionary policy will have effect on net exports.
List A List B
Fiscal A negative
Fiscal No
Monetary A negative
Monetary No
The above are labeled A-D. Then, the answers are B, A, D, C (in that order.)
I don't think there is an actual question there. The correct answer given is A (Fiscal, A negative), which would be correct if the rest of the question were there! LOL
ETA: The formatting doesn't come through, but you get the gist.
REG - 89
BEC - 82
FAR - 87
AUD - 81
Used CPAexcel, Wiley Online Practice, and NINJA!March 14, 2012 at 5:01 pm #355270Wiley CPA Exam ReviewParticipantHi everyone, we've sent out a bunch of product so far. If we missed anyone we'll make it right.
This is an in-progress effort that involves us having authors review the questions — sometimes they are traveling internationally and not always reachable in real time. We also started tracking fixes by question ID here: https://wileycpa.custhelp.com/app/answers/detail/a_id/10715/kw/question%20errors
I'll post again to follow up after I get a list of who we've follow up with so far.
March 14, 2012 at 6:46 pm #355271Wiley CPA Exam ReviewParticipant@CPApending can you provide part of your email address or subject line so I can check the testbankfeedback@wiley.com inbox?
March 15, 2012 at 12:45 am #355272AnonymousInactiveIs this just for incorrect questions in the Online Test Bank or for errors in all of your products? I found an error in a book (Kindle version). What e-mail address can I send this to? I'm not looking to get anything (i.e. products) from Wiley, but I don't want anyone else to lose valuable study time trying to figure out a problem that isn't solvable.
Thanks for being on here by the way!!
March 15, 2012 at 10:40 pm #355273Wiley CPA Exam ReviewParticipant@Kricket please send to the book error to testbankfeedback@wiley.com thx!
March 16, 2012 at 1:27 am #355274AnonymousInactive@Wiley CPA Exam Review,
The original email was titled: BEC module 43 question 61 is incomplete
I just re-sent the email under….*ANOTHER71 Errors in 2012 test bank (printed books) ANOTHER71* and I included another error I found that wasn't in my original email.
Having said that I'll save you the effort of looking:
[omission] BEC module 43 question 61—this problem doesn't any time value factors required to solve the problem. I was able to find 3 of the 4 necessary time value factors in other MCQ's in the module, but not the fourth.
[error] BEC module 44 question 129– the problem mentions a debt to equity ratio in the actual question of 2/3. The explanation, however, uses a debt to equity ratio of 2/5. It took about 30 minutes of head scratching to figure out this appears to be an error.
Thanks and I stand corrected, Wiley seems legit, apologies for doubting you! 😀
CPAPending
March 17, 2012 at 2:29 pm #355275Tina82MemberMarch 18, 2012 at 6:24 pm #355276AnonymousInactiveOkay, I found an error that really drove me crazy. Under BEC in the Online Test Bank, question COST-0040 (number 58 of 64) is incorrectly showing $21.50 as a multiplier. From how I understand the question, $50 minus full mfg cost of $29.50 is $20.50, correct? Where is the $21.50 coming from? The answer is correct but the explanation is confusing as all get out!
I figured it this way:
300,000 units x ($50 – 29.50) = 300,000 x $20.50 = 6,150,000
300,000 units x ($50 – 32.00) = 300,000 x $18.00 = 5,400,000
Total = 750,000
So, again in the explanation/calculation, where is $21.50 coming from?
I have found other errors, but this was easiest to explain so far.
HELP Wiley?
March 18, 2012 at 8:44 pm #355277AnonymousInactiveI found the problem! The $21.50 is labor and materials only. So, you could take my answer and subtract it from the additional revenue of $1,500,000 from the extra 30,000 units and you will still come up with $750,000. Crazy!
March 19, 2012 at 1:00 pm #355278Wiley CPA Exam ReviewParticipantMarch 19, 2012 at 2:22 pm #355279Tina82MemberMarch 22, 2012 at 6:06 am #355280latenightMemberI purchased the 2012 Wiley Test Bank for FAR last week. I'm experiencing errors where (1) wrong answers are identified as correct and (2) explanations to answers are incorrect. There are errors in the simulations as well. An excel spreadsheet will be provided for a simulation and the solution offered by Wiley will have formulas that reference the wrong cells.
It's rather unfortunate because the test bank shines in other areas. I like the layout of the test bank in practice mode – how the solutions are provided immediately after you submit your answers, which makes studying a breeze. I also like how it emulates an actual exam and can be customized in many ways.
So, sorry to say, I guess it's not just BEC.
AUD - 87
BEC - 76
FAR - 96
REG - 94April 2, 2012 at 6:16 pm #355281Wiley CPA Exam ReviewParticipantHappy Monday everyone. You’ve had a lot to say about the new Test Bank .. now’s here’s your chance to tell us everything you love and hate … AND get FREE STUFF too. We are offering the opportunity for current Wiley CPA Test Bank users to join our CPA TestBank Student Advisory Board. Members will steer the direction of Wiley’s CPA Test Bank and its offerings. This is a great way for us to hear your thoughts and ideas for our future enhancements for the CPA Test Bank product, and to see your suggestions get implemented. Board members meet through 1 hour conference calls twice a month for 4 months. In return for your commitment, we will be offering 1 free section to the CPA Test Bank or 1 free mobile app of a section of your choice. Space is limited so if you want to be part of developing the best CPA test bank experience send an email to rmirzadeh@wiley.com.
June 28, 2012 at 1:08 am #355282SarahBMemberI know it has been a while since anyone has posted to this board – but just FYI I have had several problems with the Wiley software recently. I LOVE the convenience of the online test bank, it has been extremely helpful, however the software seems to have several errors and my experience with technical support has been very poor. I found several errors months ago in BEC, reported them to Wiley, and received a very clipped response that they would review the problems. In my review of REG I noticed an error on ITAX-0116 (the April 15, 2014 answer simply isn't correct – it doesn't even match the explanation).
Additionally, The “start session” button on my Reg-Practice Session tab disappeared yesterday afternoon. I attempted to contact technical support via the chat feature, waited for an hour with no response (I am not exaggerating), gave up and sent in an “ask a question” form. The response to my “ask a question” form did nothing to fix the problem, so I got back on the chat feature this evening, waited 40 minutes, watched as my position went from #2 in the queue to #1 and back to #2 and got so frustrated that I gave up and contacted customer support to see if there was a problem.
Thankfully, customer support connected me to technical service immediately so the software problem was resolved. (THANK YOU customer support agent Carrie B.)
This has been my experience thus far with Wiley 2012. I wish I didn't have these experiences to report – but my dealings with technical support has been disappointing and extremely frustrating. I hope these issues are resolved in the near future.
AUD 76
BEC 81
FAR 65, 78
REG 72, 70, 81 [Praise the LORD!]COMPLETE 06/08/13!
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