Comments on: CPA Review: Practice Exams

By: kelkel

kelkel — Thu, 06 Aug 2009 02:36:36 +0000

Larry: Thanks for the tips! I could not find any free practice exam on their website. I got about 74% of the questions right on the AICPA released questions. However, I wish they explained the answers better. For example, they asked about accrual on the government-wide financial statements, but in the answer they said no accrual should be used in government accounting. However, in my studying I thought that the “government-wide statements” did in fact use accrual, although the individual fund financial statements may use accrual or modified accrual. It made me a bit nervous to see questions like that, because even though I might know a topic, sometimes their answers didn’t seem to correspond with what I studied!

By: Mark

Mark — Sat, 25 Jul 2009 14:37:11 +0000

“What Is A Passing Score?

A score of 75 represents a passing score. Does this mean that a candidate must answer at least 75% of the questions correctly to pass? No, it does not!. The scores reported to candidates upon completion of each exam section do not represent the percent correct. Simply stated, a score of 75 reflects the examination performance that is representative of a person who has the necessary knowledge and skills to practice as an entry-level”

“The reported scores are numeric representations of your examination performance. Some professors believe that a raw score [total number of questions correct out of the total number of questions given] as low as 50% may equate to a reported score of 75. Don’t spend time guessing what raw score may equate to a certain reported score. Spend your time studying the exam content to do the best that you can. Don’t worry about other exam candidates.”

http://accounting-financial-tax.com/2009/03/cpa-exam-grading-questions-answers-and-tips/

By: Larry

Larry — Sat, 25 Jul 2009 10:22:57 +0000

Did you try the Free 4 hour exam at Gleim which I believe includes both multiple choice and simulations? Also, how did you do on the AICPA released questions in the back of Roger’s book?

By: Morgan

Morgan — Fri, 24 Jul 2009 16:51:03 +0000

5 more days and 84.5 hours studied – you are almost there! Keep it up!

By: Jeff

Jeff — Fri, 24 Jul 2009 01:14:01 +0000

Thanks again for the detail on your studying process. You’re doing an MSA in the fall – did I read that somewhere? Are you going to try and pass all sections before you graduate from that?

By: kelkel

kelkel — Thu, 23 Jul 2009 22:54:53 +0000

Thanks for the encouragement! Let’s hope the questions are a lot easier. I’m a lot more anxious about the simulations, because I figure if I know the multiple choice stuff well enough, I’ll do fine on the simulations, but I’ve never really practiced them.

By: frugalCPA

frugalCPA — Thu, 23 Jul 2009 21:50:14 +0000

I have to admit that I didn’t do any of the practice exams Becker provides. I didn’t want to sit down for that long at one time, and I felt my time was better spent memorizing and reviewing the govt. and nonprofit stuff (which I hadn’t studied before either) and just doing the practice problems.

With that disclaimer, I can say that I bet a 75% on this practice exam indicates that you’ll pass the real thing. Becker’s practice questions were for sure more difficult than the actual exam’s questions.