Mood - bleh
Study Time – 3.0 hours (278.0 total - BEC - 71.5 - REG: 118.0 - AUD: 89.5)
Scores: AUD-94, REG-??
Yesterday's 81% on the practice final exam #1 was too good to be true. I got 73% on practice final exam #2 today. The good news is I did really well on the calculation problems. I think I missed 4 calculation problems and 1 of those was a stupid issue that should reoccur. The down side is the twisted theory questions have me running in circles. Half of the questions I missed were minor issues that I took some notes on and should be good on. The other half were things I knew but couldn't figure out what the question or answer was saying. Those are going to be the luck of the draw. Overall I think I have a decent shot at passing this section. It is way closer than I'd like it to be, but I think I've still got it. I did find one error in the Becker software. The answer I had was right even though it marked it wrong. The answer itself referenced back to the answer I selected as the correct answer.
I am actually taking the test as well on Friday and took the practice test 2 yesterday. Is the question that you mention that is probably incorrect the one speaking of the restrictions on S corporations? I was slightly confused because it says stockholders MUST be individuals. And I said No because they can also be estates and trusts. SO I got the question right on the exam but then when I read the explanation it says both choice 1 and 2. I was just wondering if you had any insight on that.
ReplyDeleteGreat job on the blog! Its great to read someone else's strategies, frustrations, and experiences throughout this process!
Yup, that was the question. The only thing I can think of is I recall the word "generally" being in either the question or answer. If it was in the questions then generally only individuals. It could also be one of those "RTCDQ" issues where they are trying to trip you up into saying MUST be individuals vs Generally individuals. That really strikes me as more of a question for REG, but I've seen cross-over material pop up from time to time.
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