These FAR questions are from the 2011 Wiley CPA Online Test Bank. A one-year subscription sells for $99, but another71.com readers get a discounted price of $87. However, anyone who e-mails jeff@another71.com with “Wiley FAR #1” in the subject line and answers all five correctly will get an even bigger discount and can buy FAR

Read More

I’m giving away a Wiley CPA iPhone/Android App today at 5pm Eastern. A winner will be randomly selected. To be eligible: 1. Go to https://www.facebook.com/another71 2. “Like” the page if you haven’t already 3. “Like” the my post about the App Giveaway and then tell me what you’re going to reward yourself with after Passing

Read More

Another71.com welcomes Lambers CPA Review as a new Featured CPA Review Course. Lambers comes with a “No Pass No Pay Guarantee” where if you fail your section twice, they will grant a refund request within 30 days of notice that you failed your second exam. Details here.       Lambers offers a Free Software

Read More

  The following is from the Wiley CPA 2011 Test Bank Software (Online). Click here to get over 1,100 REG CPA Exam practice questions for $87. Topic: Individual Taxation Seymour Thomas named his wife, Penelope, the beneficiary of a $100,000 (face amount) insurance policy on his life. The policy provided that upon his death, the

Read More

  The following is from the Wiley CPA 2011 Test Bank Software (Online). Click here to get over 600 BEC CPA Exam practice questions for $87. Topic: Corporate Governance Which of the following forms of compensation is more likely to result in shirking by management? A: Fixed compensation. B: Base salary and bonus. C: Base

Read More

  The following is from the Wiley CPA 2011 Test Bank Software (Online). Click here to get over 900 AUD CPA Exam practice questions for $87. Topic: Audit Evidence The primary responsibility for the adequacy of disclosure in the financial statements of a publicly held company rests with the A: Partner assigned to the audit

Read More

  The following is from the Wiley CPA 2011 Test Bank Software (Online). Click here to get over 1,300 FAR CPA Exam practice questions for $87. Topic: Accounting Changes The 2010 financial statements of Bice Company reported net income for the year ended December 31, 2010, of $2,000,000. On July 1, 2011, subsequent to the

Read More

The following is from the Wiley CPA Test Bank. Used with permission from the Publisher. 1. Deferred taxes should be recognized for Permanent differences / Temporary differences A. Yes / Yes B. Yes / No C. No / Yes D. No / No 2. Temporary differences arise when expenses are deductible for tax purposes After

Read More