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  • in reply to: Memorizing BEC Formulas? #2750298
    Christina
    Participant

    When I took BEC last quarter, I was kicking myself for not memorizing the formulas for the MC portion…SIMs were fine and formulas are usually provided for those. But the specific formulas that were needed for the MC portion, I easily mixed up because I hadn't focus on memorizing them (I had assumed formulas would only be needed for SIMs…I was wrong lol). After the test, I realized I had mixed up at least 2 different problems because I mixed up the numerator/denominator…could have made the difference between my 72 and a passing score! So definitely don't underestimate them. If you know the basic format of turnover ratios/etc., you should be good! Retaking BEC on Saturday…fingers crossed for all of us!

    AUD - 80
    BEC - NINJA in Training
    FAR - 78
    REG - 79
    Our hard work WILL pay off!
    in reply to: REG Study Group #2350785
    Christina
    Participant

    Hi everyone! I am studying for REG now and am scheduled to take the exam on June 7. I wanted to see if anyone could take a look at a question I came across (using Becker as my main review course). In Regulation 2/Module 4 Skills Practice, there was a question regarding calculating a couple's regular tax liability on a combined income of $200,300 (Married Filing Jointly). The instructor listed the tax in the 10% bracket as $1,925.20. However, wouldn't the tax be calculated as ($19,050 x 10% = $1,905) since the range is $0-$19,050? I wasn't sure where the instructor's answer came from and wanted to see if anyone could verify! Thank you!

    AUD - 80
    BEC - NINJA in Training
    FAR - 78
    REG - 79
    Our hard work WILL pay off!
Viewing 2 replies - 1 through 2 (of 2 total)